#015 - Assessing Risk

The ability to assess risk can make or break any endeavor. In this episode Rob, Steve and Chris talk about how to accurately assess risk and how to keep the fear of risk from holding up the decision making process. 0:00-11:36:"No risk, no ops" Steve talks about how to recognize and plan for the inevitable risk encountered in any endeavor. 11:37-21:47:"Putting your presence out there is risk" Chris talks about the risks of social media 21:48-25:42:"Your risk assessment may slide" Chris talks about how the military mitigates risk 25:43-31:45 :"It's not just the external risks" Rob talks about how the risk assessment is a living thing and can constantly change 32:01-35:35 :"building the habit of risk assessment" Looking for what can go wrong before you start can make or break a project 35:36-36:15:"You can't choose not to act until the risk is zero" Mitigating risk is important, but so is accepting risk as a factor in whatever you do 36:16-49:30:"If you don't make a decision, you're still making a decision" Assuming risk means covering subordinates when they make decisions 49:30-57:54:"You can see the morale plummeting" Taking decision making ability away from subordinates can create difficulty for leaders.