RISK ATTITUDE

When given a new goal, do you take pleasure in figuring it out on your own or do prefer the safety of asking others for guidance?   You can get there either way, but consider this: Being too risk averse can result in missed opportunities and lack of growth.

Certainly, taking risks increases the chance of error, and errors can have consequences.  However, making mistakes is a great teacher, perhaps the best teacher! 

Learning From Mistakes

Errors are opportunities for learning. When we make an error, something extraordinary happens in our brain. It gathers information about the experience and from this learning it expands. It eventually returns to its original dimensions retaining the neural circuits created by the learning. 

Making mistakes makes our brain more mature and our synapses more efficient!

Fast Failure

If you want to try something new and risk failing, make sure it happens quickly so that you or your team can quickly move on to a different solution.  

To develop a healthy risk attitude, ask yourself:

  • How do I interpret and tell the story of the mistakes I’ve made? 
  • Do I interpret errors as learning opportunities and talk about them with confidence, or do I interpret them as embarrassing mistakes that I don’t want to talk about?
  • Am I working in an environment that is open to experimentation?
  • How does management handle errors and failures?