Ep. 202: Bryce Hoffman - On Red Team Thinking

In this episode of the All Things Risk podcast, we have the pleasure of speaking with Bryce Hoffman, the founding partner and president of Red Team Thinking. Bryce is our first guest since launching the Decision-Making Studio (and we will be producing episodes more frequently) and I cannot think of a more appropriate guest. Bryce Hoffman is best-selling author and an expert in the field of 'red teaming,' a practice that challenges strategies and enhances decision-making through the incorporation of contrarian perspectives. He brings a unique perspective to his work, having been the first civilian graduate of the US Army's Red Team University. We begin our conversation by discussing leadership (and why Bryce views Elon Musk and Jack Welch as poor examples of leadership). Bryce then explains what red teaming is – it involves stress testing strategies, uncovering blind spots, and examining assumptions to improve decision-making. It's a method used by both military and corporate organizations to identify vulnerabilities and produce robust plans. As we delve deeper, Bryce shares how red teaming can be particularly valuable in leadership roles. By embracing diverse perspectives and fostering a culture of open dialogue, leaders can prevent groupthink and make better-informed decisions. He stresses the importance of challenging assumptions and valuing dissenting opinions, ultimately creating stronger organizations and resilient teams. Throughout our discussion, Bryce provides lots of practical examples and actionable advice for implementing red team thinking in different contexts. We touch on the power of scenario planning, the benefits of actively seeking out devil's advocates, and the necessity of constantly reassessing strategies. We wrap up our conversation by exploring the future of decision-making and the role that red teaming will play in an increasingly complex and uncertain world. Bryce's insights leave us with a renewed appreciation for the value of critical thinking and the power of embracing opposing perspectives. Show notes: Red Team Thinking Book: Red Teaming: Transform Your Business By Thinking Like the Enemy Bryce on LinkedIn Bryce's Book American Icon: Alan Mulally and the Fight to Save Ford Motor Company Peter Senge's The Fifth Discipline Shakespeare in the Bush by Laura Bohannan Daniel Kahneman Gary Klein The Logic of Failure by Dietrich Dörner Blink by Malcolm Gladwell Premortem Four Ways of Seeing Operation Blacklist Annie Duke Phil Tetlock Think-Write-Share _ _ _ _ _ _ _ Like what you heard? Subscribe to All Things Risk wherever great podcasts are found: https://thedecisionmaking.studio/podcast  Learn more about The Decision-Making Studio Drop us a note: [email protected]