Decision Making with Risks in Mind | Anil Erkan & Paul Siegel | Meet The Gurus

In this 'Meet the Gurus' discussion, you get to hear from Anil Erkan about enterprise risk management, how leaders make high-stakes decisions, and why risk must be tied to strategy rather than treated as a back-office function...How risk is defined by events, objectives, and context not just probability calculationsWhy individual risk profiles differ and how company risk appetite must drive leadership decisionsThe importance of combining internal senior management input with external expert perspectives when identifying riskHow scenario analysis and sensitivity analysis replace misleading averages in investment decision-makingWhy effective leaders act at roughly 80% information rather than waiting for certainty and the role of intuitionHow cognitive biases and self-awareness can undermine even the best-prepared risk frameworksWhy risk management must shift from backward-looking reporting to forward-looking decision supportABOUT OUR GURUAnil Erkan began his career in risk management around the year 2000 in Turkey, during a period of economic crisis, while working at PricewaterhouseCoopers. He transitioned into consulting focused on enterprise risk management systems and has spent over two decades in the field. He also works as an executive coach, giving him a distinctive vantage point on how leaders navigate decision-making and risk in practice.ABOUT OUR HOSTPaul Siegel is an entrepreneur and educator working to help technology professionals transform into world-class experts and business leaders become tech-savvy innovators. Paul is an inventor and patent (pending) holder in talent management software and has co-authored or edited more than 30 books.ABOUT MEET THE GURUSMeet The Gurus is a program sponsored by Starweaver devoted to spreading ideas, knowledge, and insights in short-form conversations typically lasting around 30 minutes.The show focuses on technology, business, entertainment, entrepreneurship, and design.Learn more at: https://www.starweaver.com/