Much of the work done to mitigate risk, begins with data — by quantifying risk, we feel better able to manage it.
But even with data, we need to make judgements and some risks don’t lend themselves to easy quantification. So what role might perception play in driving our risk management decisions? In this talk, we’ll explore how our perception of risk impacts our view of it; why things that are salient to us, take on a greater significance than things that aren’t.
By understanding how our brains perceive risk, we can begin to design risk management programs that can compensate for the biases inherent in human thinking to deliver better outcomes.
Check out other decision making books
RISK-ACADEMY offers online courses
Informed Risk Taking
Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!
ISO31000 Integrating Risk Management
Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.
Advanced Risk Governance
This course gives guidance, motivation, critical information, and practical case studies to move beyond traditional risk governance, helping ensure risk management is not a stand-alone process but a change driver for business.
