Making Risky and Important Decisions

This book offers a practical insight to leaders who need to make good decisions in risky and important situations. The authors describe a process for making risk-intelligent decisions, explaining complex ideas simply, and mapping a route through the myriad interrelated influences when groups make decisions that matter. The approach puts the decision maker―you―at the center and explains how you can think and act differently to make better decisions more of the time. The book shows how to 
Determine the appropriate level of risk 
Make decisions in uncertain and turbulent conditions 
Understand how risks are perceived to identify them accurately 
Develop new behaviors to improve decision-making 
Making Risky and Important Decisions: A Leader’s Guide builds on earlier ground-breaking publications from these two recognized thought leaders. Their first book together, Understanding and Managing Risk Attitude, brought together the language of risk and risk-taking with the language of emotional intelligence and emotional literacy. Managing Group Risk Attitude followed, and focused on decision-making groups, creating new insights and frameworks. Both books are positioned as specialist textbooks, despite their relevance to real-world situations. A Short Guide to Risk Appetite brought together the concepts of risk appetite and risk attitude into one place for the first time, cutting through confusing terminology and confused thinking to create a practical way of understanding "how much risk is too much risk." 
This latest installment from Ruth Murray-Webster and David Hillson takes the breadth of their previous work, adds new insights and thinking, and distills it into a highly usable guide for hard-pressed leaders.

Business & Money

Hillson, David

Murray-Webster, Ruth

Economics

Routledge

Assuming a basic knowledge of risk management concepts and processes, Hillson (director, Risk Doctor & Partners) and Murray-Webster (managing partner, Lucidus Consulting) focus on a key human determinant of the success or failure of risk management, risk attitudes held by individual and groups within organizations. They explain how risk attitudes influence risk management and provide advice on countering attitudes that produce negative results with the promotion of "emotional literacy," described as including the ability to identify uncertainties, assess the probability of uncertainty occurring, assess uncertainty's potential impact, and decide how to respond to assessed risks. Distributed in the US by Ashgate. Annotation ©2005 Book News, Inc., Portland, OR (booknews.com)

Understanding And Managing Risk Attitude

Management & Leadership

Gower Pub.Co.

This book builds on the authors' previous title Understanding and Managing Risk Attitude but this time looks exclusively at the challenges of understanding and managing those attitudes adopted by groups of people when faced with making decisions that they perceive as risky and important. The book makes the link between risk management and decision-making explicit, building on existing work from the economic and risk psychology schools but taking a pragmatic, practitioner-focused approach that is relevant to all decision-making groups in any situation. The insights in Managing Group Risk Attitude are derived from the authors' own applied research. Details of the research methods and findings are included in the book in support of a practical model and steps to manage risk attitude using applied emotional literacy. Ruth Murray-Webster and David Hillson have written a practical book for all decision-makers, supported by actual research by practitioners and underpinned by the seminal research of leading academics.

Managing Group Risk Attitude

Making Risky and Important Decisions: A Leader's Guide offers a practical insight to leaders who need to make good decisions in risky and important situations. The authors describe a process for making risk-intelligent decisions, explaining complex ideas simply, and mapping a route through the myriad, interrelated influences when groups make decisions that matter. The approach puts the decision-maker--you--at the center and explains how you can think and act differently to make better decisions more of the time. The book shows how to: <ul> <li>Determine an appropriate level of risk</li> <li>Make decisions in uncertain and turbulent conditions</li> <li>Understand how risks are perceived to identify them accurately</li> <li>Develop new behaviors to improve decision-making</li> </ul> Making Risky and Important Decisions builds on earlier ground-breaking publications from these two recognized thought-leaders. Their first book together, Understanding and Managing Risk Attitude, brought together the language of risk and risk-taking with the language of emotional intelligence and emotional literacy. Managing Group Risk Attitude followed, and focused on decision-making groups, creating new insights and frameworks. Both books are positioned as specialist textbooks, despite their relevance to real-world situations. A Short Guide to Risk Appetite for the first time brought together the concepts of risk appetite and risk attitude into one place, cutting through confusing terminology and confused thinking to create a practical way of understanding 'how much risk is too much risk'. This latest instalment from Murray-Webster and Hillson takes the breadth of their previous work, adds new insights and thinking, and distills it into a highly usable guide for hard-pressed leaders.

Auerbach Publications

<ul> <li>Highly practical and useful for practitioners - cuts through a highly technical and complex subject in a useable and easy to follow way but without 'dumbing down'.</li> <li>Focuses on the facilitation of risk management, an area that is glossed over or simply ignored in other books on risk management.</li> <li>Brand new chapters on virtual facilitation and the role of group bias in the assessment of risk.</li> </ul>

Making Risk Management Work: Engaging People to Identify, Own and Manage Risk (Short Guides to Business Risk)

Pullan, Penny

Making risk management work means engaging people to identify, own and manage risk. Many organisations have spent considerable time and money setting up risk frameworks, processes, and supporting tools, but these have failed to deliver value. Instead, they should focus on the people. 
Bringing together the expertise of Ruth Murray-Webster in the human aspects of risk management and Penny Pullan’s deep expertise in facilitation, creative collaboration, and virtual leadership, this book provides tried and tested approaches to make each process step work well within the context of your own organisation and serves as a guide as to how to work effectively with groups. By translating a highly technical and complex subject into an easy-to-follow guide, this book goes beyond ‘tick-box’ approaches and provides top tips on how to engage others in developing risk management solutions and how to avoid many of the common pitfalls. This new edition includes two brand new chapters, one taking a deeper dive into the common decision-biases among groups in organisations, and one looking at remote and hybrid ways of communication and facilitation. 
If you are involved in trying to make risk management work, whatever the context, this book will provide you with support and practical advice, in an approachable way, supported by real-life examples and memorable illustrations.

Making Risk Management Work (Short Guides to Business Risk)

A Short Guide to Risk Appetite (Short Guides to Business Risk)

How much risk should we take? A Short Guide to Risk Appetite sets out to help all those who need to decide how much risk can be taken in a particular risky and important situation. David Hillson and Ruth Murray-Webster introduce the RARA Model to explain the complementary and central roles of Risk Appetite and Risk Attitude, and along the way they show how other risk-related concepts fit in. Risk thresholds are the external expression of inherent risk appetite, and the challenge is how to set the right thresholds. By progressively deconstructing the RARA Model, the authors show that the essential control step is our ability to choose an appropriate risk attitude. The book contains practical guidance to setting risk thresholds that take proper account of the influences of organisational risk culture and the individual risk preferences of key stakeholders. Alongside this, individuals and organisations need to choose the risk attitude that will optimise their chances of achieving the desired objectives.

Many organisations have spent small fortunes to set up risk processes and supporting tools which then fail to deliver the expected value. This is because rational processes don't work well when trying to get groups of people to agree what is risky, why and what to do about it. If you need to make sound decisions in important but risky situations; work with groups to identify, prioritise and respond to risks, deliver value and, along the way, ensure the credibility of the process and the resilience of your organisation, A Short Guide to Facilitating Risk Management is for you. It sets out a very practical approach to how the risk management process can deliver value through effective facilitation. It brings together Ruth Murray-Webster's expertise in the human aspects of risk and risk attitude and Penny Pullan's wide experience of the facilitation of project workshops to cover five main areas: avoiding pitfalls - how to makesure you are better prepared, better able to use your knowledge with groups and better able to avoid unsupported or skewed results; an understanding of risk management - to refresh your own knowledge and provide the basis for knowledge and ideas you can share with your group(s); understanding your role - whether you are a full-time facilitator or a line manager with the need to improve risk management, you'll learn the skills you need and gain an understanding of how best to develop them; tried and tested tips for each step of the risk management process - proven practices showing how you can use the right mix of workshops, small groups and individual work to keep people engaged and get results; running risk workshops - the whole area of making workshops work. This book is illustrated with practical examples from the authors' experience and their findings from interviews and surveys to help you get the best from your groups when they're working together, both fa

A Short Guide to Facilitating Risk Management: Engaging People to Identify, Own and Manage Risk (Short Guides to Business Risk)

What if you could join up the way your business deals with risk and innovation? What if you could be ready for anything – instead of being shifted with the wind? What if you had a game plan for disruption. Threats and opportunities are a fact of life and of business. But you don’t just want to just survive – you want to thrive in the face of whatever comes your way. The Disruption Game Plan presents a tried and tested framework to help senior leaders think differently about disruptive trends and emergent risks, and to act differently when making decisions. The Disruption Game Plan draws together for the first time the practical experience and wisdom of leading thinkers and practitioners in the fields of both innovation and risk. By revealing how we can more effectively deal with the opportunities and threats that we face, this book will help any curious and ambitious senior leader go beyond a short-term, fire-fighting response, and instead set out to ‘change the game’. Addressing disruption is a business imperative, but there is little coherent advice on ‘how to’. This book imparts practical advice and links readers to our expertise through engaging with our events, workshops and consulting work. To support the ‘how to’ feel, the text is designed to be easy to read and to refer back to. We use a mix of prose, graphics (intended to reflect the ‘working-draft’ feel of a workshop output), traditional figures, personal and public domain stories, pop-out ‘Design Notes’ and a visual table of contents for the steps in our process. The book will be supported by online content including videos, models, tips, blog posts etc. on www.thedisruptiongameplan.com

The Disruption Game Plan: New rules for connected thinking on innovation and risk

Winton, Eleanor

Finance

Practical Inspiration Publishing

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Books by Murray-Webster, Ruth

See the best price to sell, buy, or rent books by Murray-Webster, Ruth. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Making Risky and Important Decisions

Understanding And Managing Risk Attitude

Managing Group Risk Attitude

Making Risky and Important Decisions

Making Risk Management Work: Engaging People to Identify, Own and Manage Risk (Short Guides to Business Risk)

Making Risk Management Work (Short Guides to Business Risk)

Managing Group Risk Attitude

A Short Guide to Risk Appetite (Short Guides to Business Risk)

A Short Guide to Facilitating Risk Management: Engaging People to Identify, Own and Manage Risk (Short Guides to Business Risk)

The Disruption Game Plan: New rules for connected thinking on innovation and risk