The risk of making strategic decisions wrong #riskawarenessweek2019

Why should risk and uncertainty be on a decision-makers mind? With more than 50% failure rate in decision making, the risk of making strategic decisions wrong are enormous and can be traced back to a flawed decision-making process, unclear roles and responsibilities, wrong content including missing risk and uncertainties, missing out on alternatives and biased thinking corrupting the decision-making process. Besides assigning clear roles and responsibilities and the use of a Decision Canvas, various debiasing techniques can mitigate the risk to an acceptable level where a decision is made right, the first time.

RISK AWARENESS WEEK 2019 broadcasted online at https://2019.riskawarenessweek.com from 14 to 18 October 2019

This is a must watch session for anyone working in risk management and a great foundation for the whole week. Make sure you sign up!

https://2019.riskawarenessweek.com/talks/decision-making-1/

About Joep

Joep Steffes is an independent decision professional helping individuals and organizations making better decisions. He has a master degree in Business Administration from Erasmus Universiteit Rotterdam, a professional certificate from Stanford University in Strategic Decision and Risk Management and will complete in January 2020 his PHD-research on Debiasing Strategic Decision Making at Nyenrode Business University.

His area of expertise is decision making under risk and uncertainty, risk management, program- and project-management, decision science, behavioural decision making and improving decision quality at an individual and organizational level.

He is a decision consultant with more than 20 years of experience. He trained and consulted numerous profit and non-profit organisations including Össur, DSM, The Red Cross, Swisscom, Nationale Nederlanden, ABN AMRO, a.s.r. and various Dutch ministries and large municipals on corporate management problems, public policy and various decisions with high impact and complexity.

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.