Understanding Risk Management

No matter who you are… you are taking risks on a daily basis.

When you get out of bed, there’s a chance you could trip on one of your dog’s toys.

When you start your car and pull out of your driveway, you are taking a risk.

When you assemble a team at work to complete a project, you are taking a risk… so, unless you don’t leave the comfort of your own bed all day (then you could be at risk for bed sores, just sayin’) — you are inevitably a risk-taker.

Of course, being a risk-taker doesn’t automatically qualify you as an expert in understanding risk management.

That’s why we are here. In this video, we’re taking a look at how you can use the risk matrix to reduce risks and provide useful tips for understanding risk-averse and risk-seeking tendencies.

We finish up by sharing a great walk-through example of a house building project. Let us know what you think and how we can help your team!