CliftonStrengths’ Post

One of my top 5 strengths, and I am SO glad! Check the comments for my full post about this CliftonStrength and how I use it to super-charge results in every role!

We prefer to have all the facts before making a decision, especially a significant one. And in this pursuit opportunities may disappear, or progress may stall. A tool for navigating such situations by considering the potential downsides of acting with incomplete information against the potential benefits of moving forward is called Conflict. Conflict work in our favour because it supports the willingness to commit with limited information with an assessed risk. How do you make better decisions when you don’t have all the information? #ConflictManagement #DecisionMaking

The quality of decision taking:    The question now arises whether a decision must be judged by its result, or on the basis on which it was taken ? What is your suggestion, could there be a difference ?   What if there are uncertainty / probability considerations in the inputs to the decision making ? Probabilities are usually coupled to sample size. Could it therefor happen that when only a small sample of decisions are taken, the result could differ from when a large number of decisions are taken, because of statistical sample size considerations ?   Could it be possible to have multiple probabilities with sequential branching, meaning that there are a number of possible paths, each branching off into more than one path ? If so, how could this risk be quantified to support decision making ?   Would you like to help me with this one ?  

🕒 Spend More Time Making Big Decisions 🕒 In our fast-paced world, the pressure to make quick decisions can be overwhelming. However, not all decisions are created equal. While it's important to act swiftly on everyday choices, big decisions deserve more time and consideration. 🔍 Why should we spend more time on big decisions? Impact: Major decisions often have far-reaching consequences for our careers, businesses, and personal lives. Clarity: Taking the time to thoroughly evaluate options can lead to clearer, more informed choices. Risk Management: Carefully considering potential risks and rewards helps in making balanced decisions. Confidence: A well-thought-out decision boosts confidence in our direction and reduces future regrets. 💡 Tips for making better big decisions: Gather Information: Collect relevant data and insights from reliable sources. Consult Others: Seek advice from mentors, colleagues, and experts. Reflect: Take time to reflect on your values, goals, and the long-term implications. Evaluate Alternatives: Consider different scenarios and outcomes before finalizing your choice. Remember, big decisions shape the trajectory of our lives and careers. By investing more time and thought into these decisions, we can pave the way for a brighter and more successful future. 🌟 #DecisionMaking #Leadership #CareerGrowth #PersonalDevelopment #BusinessStrategy

Good post. If you know how, you can analyze your business risks to identify your business risk’s mechanisms. You then invest in you business mechanisms (how you do things) to make them more likely to be successful by identifying failure modes and improvement opportunities. Your business mechanisms include R&D, marketing, HR, infrastructure processes, etc. Risks aren’t just bad results or situations, they are the bad business practices the produce bad results.

Taking risks is essential for success, but it's crucial to evaluate them first. Avoid plunging into uncertainty without careful assessment. #RiskAssesment #RiskManagement

Taking a calculated risk involves careful analysis, strategic planning, and a deep understanding of the potential outcomes, ensuring that decisions align with long-term goals and have a higher chance of success. In contrast, reckless risks are often taken impulsively, without considering the consequences, leading to unnecessary setbacks. To thrive in both personal and professional life, it's essential to differentiate between these two approaches, opting for calculated risks that can drive growth while minimizing potential downsides. #CalculatedRisk #StrategicThinking #RiskManagement #DecisionMaking #GrowthMindset #AvoidRecklessness

There is so much in here which resonates - especially the need for simple strategy that evolves in response to situational awareness. Organisations manage operations, deploy capital and take measured risk, but there is continual change to the external landscape of competitors, customer expectations, threats and regulation. Strategy has to be adaptive.

🏢To survive, a business must invest in new capabilities. ➡️R&D, marketing, infrastructure, people..... ✅Same applies to your career. 🤔If you are relying only on your company for training, you are taking a big risk with your career. 💥In tough times, training budgets are the first to disappear. ✅You must control your own destiny. ➡️If you want to achieve excellence in risk management, Let's Talk Risk! offers an affordable, accessible, and high touch point learning opportunity. ❌And it's not just about technical knowledge. LTR now offers a dedicated section to help you boost your business acumen. 👇See below this article we just published. It gives you actionable tips on navigating tricky conversations with senior leaders. https://lnkd.in/eshkKxBc #letstalkrisk #businessacumen #medtech

Three Strategies For Making Smarter Mistakes