Ep 52 - How to Rethink Risk and Make Smarter Decisions

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

 

Watch this episode on You Tube: https://youtu.be/mRdTOfpVCmQ

 

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