Prework: 1 hour
Intensive: 3.5 hours
In volatile, uncertain, complex and ambiguous (VUCA) operating environments, the need to both mitigate and take risks is critical to success.
As organisations lock-down and seek to minimise risk, they may be inadvertently missing out on opportunities. Future organisational capabilities include a deep understanding of human psychology that balances risk-aversion and risk-taking.
The individual and organisational capacity to both master the skill of mitigating risk while jumping on opportunity will be a critical differentiator in the months and years ahead.
This module focuses on the importance of the non-conscious in judgement and decision making, and its importance in the capitalisation of risk. An introduction to the social psychology of risk and how judgement and decision making are affected by social arrangements is also examined.
Key module content includes:
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