This book builds on the authors' previous title "Understanding and Managing Risk Attitude" but this time looks exclusively at the challenges of understanding and managing those attitudes adopted by groups of people when faced with making decisions that they perceive as risky and important.The text makes the link between risk management and decision-making explicit, building on existing work from the economic and risk psychology schools but taking a pragmatic, practitioner-focused approach that is relevant to all decision-making groups in any situation.The insights in "Managing Group Risk Attitude" are derived from the authors' own applied research. Details of the research methods and findings are included in the book in support of a practical model and steps to manage risk attitude using applied emotional literacy.Ruth Murray-Webster and David Hillson have written a practical book for all decision-makers, supported by actual research by practitioners and underpinned by the seminal research of leading academics.
List of Figures
List of Tables
Pt. I Understanding and Managing Risk Attitude: The State of Current Knowledge
Ch 1 Understanding risk attitude 3
Ch 2 What is a good decision? 15
Ch 3 Managing risk attitude 31
Pt. II Group Risk Attitude in Action: From Theory to Practice
Ch 4 Drivers of group risk attitude 43
Ch 5 Exploring influences on group risk attitude 55
Ch 6 Implications for managing group risk attitude 79
Pt. III Effective Group Decision-Making Through Managed Risk Attitude
Ch 7 Practical steps for managing group risk attitude 95
Ch 8 The journey continues: Charting the way ahead 111
App. A Applying the Four A's: Case study debrief 125
App. B Managing group risk attitude research questionnaire 135
App. C Phase 1 research decision data 145
App. D The web-based survey 153
App. E Emotional intelligence/literacy diagnostic tools 155