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YouTube

The Decision Makers Guide to Managing Risk

via YouTube

Overview

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Explore a comprehensive guide to managing risk for decision makers in this 48-minute conference talk from CircleCityCon 2017. Delve into topics such as impostor syndrome, the nature of risk, and how risk perception changes based on the observer. Learn valuable tips for justifying decisions and discover Joel's 5 principles for effective risk management. Examine real-world examples of significant failures and successes in decision-making, including the Space Shuttle Columbia disaster. Gain insights on proactively reducing risks, recognizing opportunities, and maintaining a positive attitude when faced with challenging decisions. Understand the importance of the "disagree but commit" philosophy and how to make good decisions even in high-pressure situations.

Syllabus

Introduction
Decision Making
Impostor Syndrome
Risk Managers
What is Risk
Risk Changes Based On The Observer
You Have To Make The Decision
Why Did You Make The Decision
Psychological Experiment
Knowledge Information Hierarchy
Tips for justifying decisions
Joels 5 principles
Defense
Bob Graham
Exploit Opportunity
Proactively Reduce Risks
Recognize Opportunity
When It Goes Bad
Three Significant Failures
Good Decision Bad Decision
Stockholm 1967
Fresh Air
Tornado Man
Rollerskates
Space Shuttle Columbia
Make Good Decisions
Disagree but Commit
Stay Positive

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