How Your Perception of Risk Affects Your Team

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Amanda Setili shares a concise post on the perception of risk and how it affects the team. 

Karen perceives that competitors are moving very quickly, so she feels the leadership team has no option but to be even more aggressive. Jim sees the competitors as foolhardy, so he wants to take a slow and steady path while the competition defeats themselves. Curt keeps waffling back and forth; he wants to pump up revenue growth, but consistently balks at the price tag of every major new initiative.

When team members perceive different types and levels of risk, their organizations often wind up either frozen in place, or making decisions that result in bad outcomes. The differences of opinion can feel irreconcilable.

The smart move is to bring four elements out into the open. Ask each team member to share their…

Key points include:

  • Assessment of the degree of risk
  • Supporting data
  • Mitigation plan

Read the full post, Are Different Perceptions of Risk Weakening Your Team?, on LinkedIn.