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Walking Your Talk | Culture Change & Leadership

73: Performance Acceleration series - Mastering Risk

Jun 17, 2021
Explore the importance of mastering risk to achieve stretch performance and reliability. Delve into the barriers to risk mastery in organizations and the need for proactive risk assessment. Balance risk-taking in company culture to foster growth and innovation. Learn strategies for mastering risk in commitments and performance, including anticipating, assessing, and addressing risks. Discover real-world examples of risk reduction and mitigation for successful risk management.
16:36

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Quick takeaways

  • Mastering risk is crucial to balancing stretch performance with reliability in fulfilling commitments.
  • Two common mindsets that hinder risk mastery are gung ho over optimism and extreme caution, leading to overpromising or inhibiting growth.

Deep dives

Understanding Risk Mastery and Accountability

Risk mastery is vital for individuals to uphold accountability and ensure that they deliver on their commitments. Anticipating, evaluating, and mitigating risks is essential to prevent unforeseen obstacles that may hinder one's ability to fulfill promises. By mastering risk, individuals can confidently make decisions, stretch their capabilities, and consistently deliver on their word, positioning themselves as reliable and proactive professionals.

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