This book offers a practical insight to leaders who need to make good decisions in risky and important situations. The authors describe a process for making risk-intelligent decisions, explaining complex ideas simply, and mapping a route through the myriad interrelated influences when groups make decisions that matter. The approach puts the decision maker—you—at the center and explains how you can think and act differently to make better decisions more of the time. The book shows how to
- Determine the appropriate level of risk
- Make decisions in uncertain and turbulent conditions
- Understand how risks are perceived to identify them accurately
- Develop new behaviors to improve decision-making
Making Risky and Important Decisions: A Leader’s Guide builds on earlier ground-breaking publications from these two recognized thought leaders. Their first book together, Understanding and Managing Risk Attitude, brought together the language of risk and risk-taking with the language of emotional intelligence and emotional literacy. Managing Group Risk Attitude followed, and focused on decision-making groups, creating new insights and frameworks. Both books are positioned as specialist textbooks, despite their relevance to real-world situations. A Short Guide to Risk Appetite brought together the concepts of risk appetite and risk attitude into one place for the first time, cutting through confusing terminology and confused thinking to create a practical way of understanding "how much risk is too much risk."
This latest installment from Ruth Murray-Webster and David Hillson takes the breadth of their previous work, adds new insights and thinking, and distills it into a highly usable guide for hard-pressed leaders.
Table of Contents
Chapter 1. Doing Better
Chapter 2. Intelligent Process
Chapter 3. Perception Is Reality
Chapter 4. Value from Difference
Chapter 5. Intentional Choices
Chapter 6. Shaping Risk Culture
Chapter 7. "Yes, But . . ."
Chapter 8. You Can Do It!
Appendix A. Recommended Further Reading
Appendix B. Further Reading from the Authors
Dr. Ruth Murray-Webster, HonFAPM, CMIRM is recognized as a leader of project-based organizational change and risk management performing roles as a practitioner, advisor, facilitator, researcher and author. For more than 30 years Ruth has practiced and advanced change and risk management approaches, developing commercially astute strategy, centered on emerging risks and disruptive trends.
Dr. David Hillson, FIRM HonFAPM PMI-Fellow CMgr FCMI is The Risk Doctor, an international risk management consultant who leads The Risk Doctor Partnership. Having worked in nearly 60 countries and published 11 major books and more than 100 journal papers and articles on risk, David is recognized globally as a leading thinker and expert practitioner in risk management.