How to Rethink Risk and Make Smarter Decisions (#52) скачать в хорошем качестве

How to Rethink Risk and Make Smarter Decisions (#52)

Are you taking smart risks or are you gambling when you should be hanging on to your precious chips? In this episode, Cindi Baldi and Geoffrey Tumlin dive into the psychology of risk and loss aversion and explore why we often make irrational decisions when faced with uncertainty. Whether it’s staying in an unfulfilling job, avoiding tough conversations, or making questionable business bets, our perception of risk shapes our careers and lives more than we realize. Cindi and Geoff break down the hidden forces that drive our appetite for risk (or lack thereof) and offer practical strategies to make smarter choices. They discuss why we cling to bad decisions, how loss aversion influences workplace dynamics, and the difference between reckless risks and strategic moves. Tune in to learn how to rethink risk, avoid costly mistakes, and make smart bets on yourself. Episode Highlights: Why we notice losses more than gains—and how that impacts our decision-making The hidden psychological traps that cause us take bad risks How to improve our risk assessments Why leaders and employees reflexively think change is risky and how to overcome the belief A simple framework to make more confident, calculated decisions ___________________ Listen & Subscribe To Our Audio Podcast: Spotify: https://bit.ly/4ez3pPO Apple Podcasts: https://bit.ly/4esvZ5l ___________________ Join Our Management Muse Community: LinkedIn:   / management-muse-podcast   Facebook:   / managementmusepodcast   Instagram:   / managementmuse   Tiktok:   / managementmuse   Website: https://managementmuse.com/ ___________________ YouTube Timestamps: 00:00 Introduction 03:10 Understanding Risk Aversion 07:25 Why We Notice Feel Losses More Than Gains 12:40 How Emotions Misshape Our Risk Assessments 18:05 How Experiences Impact Risk Perception 23:15 Strategies to Overcome Our Risk Aversion 28:30 Smart Risks in Business and Careers 34:10 The Psychology of Risky Choices 39:50 Practical Risk-Taking Tips #takingrisks #risktaking #managementskills