The Role of Risk in Regret

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In your new book, The Power of Regret, you discuss the role of risk as it relates to regret. Can you talk about how our perceived risk often does not match the actual risk? By empowering people with the why, you can motivate the behavior that you're seeking. Many of those listening get very anxious and nervous about their communication.

“What people regret over time are things they didn't do. They didn't take that trip, they didn't ask that person out on a date. They didn't start that business,” says former political speech writer and best-selling author Dan Pink. “I think it's because we are slightly over-indexed on risk. We overstate the risk in many circumstances.”

On this episode of Think Fast, Talk Smart, strategic communications lecturer Matt Abrahams sits down with Pink to hear how we should all take more risks and how leaders can inspire others by focusing on the why instead of the how.

“There's almost incontrovertible evidence that sense of purpose is the most cost effective performance enhancer that organizations have,” Pink says.

They also discuss the power in taking breaks, which Pink considers part of performance, not a deviation from it. “What we know from many domains is that professionals take breaks. It's not that amateurs take breaks and the professionals don't, it's the exact opposite.”

Pink’s latest book is The Power of Regret, How Looking Backward Moves Us Forward.

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