Risk. For some people, the very thought sends chills down their spines, yet for others, the topic prompts a sense of thrill. Why is that the case? And what does that mean for how we think about risk in decision making?To answer those questions and more, I turned to Michele Wucker, author of the books, The Gray Rhino, and You Are What You Risk. We chat about how the way we define risk matters, the layers of factors that make up our risk fingerprint, and things to keep in mind about risk when making group decisions. Topics Covered03:11 What brought Michele to studying risk08:12 The way you define risk, matters12:26 Awareness is the first step in adjusting your natural tendency13:14 Risk and group dynamics16:06 Getting the right kind of diversity in the room to promote better decision making18:02 The risk fingerprint concept21:36 Optimizing your risk fingerprint given your personality and experiences23:59 What feels risky depends on your values25:13 How to build your risk muscle25:31 Practice26:32 Self-awareness27:47 Surrounding yourself with the right people28:56 Little hacks30:14 How risk empathy can improve group decision making31:25 Questions you can ask to better understand someone else's risk fingerprint35:48 Thinking about risk in decisions that have broader impact39:39 Me-here-now vs. Us-everywhere-forever41:00 Final words of wisdomGuest BioStrategist, speaker, and best-selling author Michele Wucker coined the term “gray rhino” as a call to take a fresh look at how we respond to obvious, probable, impactful risks. She founded the Chicago-based advisory firm Gray Rhino & Company and is a former media and think tank executive. Her four books include the influential global bestseller THE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We Ignore and the recently released sequel, YOU ARE WHAT YOU RISK: The New Art and Science of Navigating an Uncertain World.ResourcesTHE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We IgnoreYOU ARE WHAT YOU RISK: The New Art and Science of Navigating an Uncertain WorldTo learn more from Michelle about decision making, check outThe Ask A Decision Engineer websiteHer Stanford Continuing Studies courseHer self-paced course Decision Toolkit for Personal DecisionsHer Decision Toolkit for Coaches and Counselors virtual workshop on Maven
About Michelle FlorendoMichelle Florendo is a Stanford-trained decision engineer and executive coach who is on a mission to teach people how to make decisions with less stress and more clarity. Over the past decade, she has coached and taught hundreds of leaders across tech, healthcare, and financial services, in organizations ranging from pre-IPO startups to major tech companies like Amazon, Google, and Salesforce.  She's been an adjunct lecturer at Stanford, helps train coaches as a faculty coach for Berkeley Executive Coaching Institute, and hosts the podcast, Ask A Decision Engineer. She earned her engineering degree from Stanford and her MBA from UC Berkeley.For those interested in exploring Michelle's coaching and speaking services further, additional information can be found on her professional website at poweredbydecisions.com.

Ver todos los episodios