“Understanding & Managing Risk Attitude" What is the relationship between Common Biases and Risk Management Decisions? Is there a systematic framework for understanding and managing risk and related attitudes? Here are 7 lessons from the book “Understanding & Managing Risk Attitude", by D. Hillson & R. Murray-Webster. 👉 1. 🤔 People have different risk attitudes. … Continue reading 7 Lessons From Hillson & M. Webster
Tag: complacency
7 Lessons From HBR on ‘Change’
John Kotter, a renowned change management thought leader, defines change as "a process by which an organisation moves from its current state to a desired future state". Here are 7 simplified lessons from the book "HBR 10 Must Reads on Change:" 👉 1. 🕵️♀️ : Diagnose the problem before implementing change. Analyse the issue and … Continue reading 7 Lessons From HBR on ‘Change’
10 Lessons From IATA on PM
The IATA Guidance to improve Pilot monitoring emphasises the importance of effective monitoring and offers strategies for enhancing our performance through training, SOPs, and risk management.