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Calculated Risk and Leadership

Use risk-taking to your advantage
Preview the first lesson free — get full access to all 6 lessons.
Course: On-Demand
Intermediate Provider Victor Kersey  6 Lessons ·  19m  in Arabic, German, English, Spanish, French, Portuguese, Chinese 

Course Description

Taking risks often involves seeking opportunities, being innovative, and achieving growth. While risks come with uncertainties and potential negative outcomes, they can also be valuable tools for effective leadership. It requires leaders to make courageous decisions and motivate their teams outside their comfort zones.

After you’ve completed Calculated Risk and Leadership, you’ll have explored how risk can be used as a leadership tool and the role taking a chance plays in management and leadership roles. Knowing your risk tolerance helps you balance trying new things and keeping yourself safe. You will know how to assess your personal capacity for acting under uncertainty, as well as methods for assessing your risk-taking style.

Creating a culture that encourages taking risks is an important aspect of navigating this dynamic environment. This is why we will teach you how to create a risk-taking culture in your company and model the behavior you expect from your team. By demonstrating the behavior you expect from them, you can inspire them to embrace risk-taking and contribute to the growth and success of your organization.

What You'll Learn

  • Explore how risk can be used as a leadership tool and the role it plays in management and leadership roles
  • Assess your personal capacity for acting under uncertainty and identify your risk-taking style
  • Find and optimize your risk tolerance for your success
  • Guide your employees to seize business opportunities for the organization
  • Encourage your employees to take well-calculated risks using best practices
  • Cultivate a risk-taking culture and lead by example by modeling the behavior you expect from your team

Key Takeaways

  • Taking risks can be a valuable tool for effective leadership, involving seeking opportunities, being innovative, and achieving growth.
  • Effective leadership requires making courageous decisions and motivating teams outside their comfort zones.
  • Knowing your risk tolerance helps you balance trying new things with keeping yourself safe.
  • Creating a culture that encourages taking risks is an important aspect of navigating a dynamic environment.
  • By demonstrating the behavior you expect from your team, you can inspire them to embrace risk-taking and contribute to the organization's growth and success.

Frequently Asked Questions

Who is this course for?

It is designed for leaders and managers who want to use risk as a leadership tool, guide their teams to seize business opportunities, and cultivate a risk-taking culture in their organization.

What will I learn about my own risk-taking?

You will learn how to assess your personal capacity for acting under uncertainty, methods for assessing your risk-taking style, and how to find and optimize your risk tolerance for your success.

What topics does the course cover?

The course covers risk as a leadership tool, understanding your risk-taking ability, cultivating a risk-taking culture, and leading by example.

How does the course help me build a risk-taking culture in my team?

It teaches you how to create a risk-taking culture in your company and model the behavior you expect from your team, inspiring them to embrace risk-taking and contribute to the organization's growth and success.

How is the course structured?

The course includes lessons on Introduction, Risk as a Leadership Tool, Understanding Your Risk-Taking Ability, Cultivating a Risk-Taking Culture, and Leading by Example, followed by a Test Your Knowledge assessment.