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KnowledgeCity

Taking Calculated Risks

Make risk-taking more manageable
Preview the first lesson free — get full access to all 6 lessons.
Course: On-Demand
Intermediate Provider Victor Kersey  6 Lessons ·  16m  in Arabic, German, English, Spanish, French, Portuguese, Chinese 

Course Description

Working as an individual can lead to positive outcomes. But working as a team can bring even greater results. This approach allows people to take advantage of each other’s diverse skillsets and knowledge to make the team more valuable as a unit. This also applies to taking risks as a group because you have people collaborating to overcome challenges, mitigate negative outcomes, and discover new possibilities for growth. The key is having your team act as a support system.

After you’ve completed this course, Taking Calculated Risks, you’ll know how to lead your employees through uncertainty. We’ll explore the importance of a strong support team for taking calculated risks. You’ll learn about the role of emotional support, practical support, accountability, and diverse perspectives in risk-taking. You also will discover the best practices to evaluate both the short-term and long-term benefits and rewards that could result from taking a risk.

What You'll Learn

  • Take risks as a team by leveraging diverse skillsets and knowledge
  • Assess the advantages and disadvantages of your available options
  • Evaluate the short-term and long-term benefits and rewards of taking a risk
  • Lead employees through uncertainty using a strong support team
  • Apply emotional support, practical support, accountability, and diverse perspectives in risk-taking
  • Practice embracing risk and planning for it

Key Takeaways

  • Working as a team can bring greater results than working as an individual by combining diverse skillsets and knowledge.
  • Taking risks as a group lets people collaborate to overcome challenges, mitigate negative outcomes, and discover new possibilities for growth.
  • A strong support team is important for taking calculated risks, with the team acting as a support system.
  • Emotional support, practical support, accountability, and diverse perspectives all play a role in risk-taking.
  • Best practices include evaluating both the short-term and long-term benefits and rewards that could result from taking a risk.

Frequently Asked Questions

Who is this course for?

It is designed for those who want to learn how to lead their employees through uncertainty and take calculated risks as a team.

What will I learn in Taking Calculated Risks?

You will learn how to take risks as a team, assess the advantages and disadvantages of your available options, and practice embracing risk. The course also explores the importance of a strong support team and the role of emotional support, practical support, accountability, and diverse perspectives in risk-taking.

What topics does the course cover?

The course covers taking risks as a team, assessing potential benefits, planning for risk, and embracing risk, along with an introduction and a knowledge test.

What skills will I gain?

You will develop skills in risk mindset, risk analysis, risk management, risk management planning, risk prevention, and risk selection.

How is the course structured?

The course includes the following lessons: Introduction, Taking Risks as a Team, Assessing Potential Benefits, Planning for Risk, Embracing Risk, and Test Your Knowledge.