Virtual/Instructor-led training

Understanding Your Risk Tolerance:

A Skills Training on Assessing Personal Risk Tolerance

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Introduction

Personal risk tolerance is an important consideration when making decisions, as it can impact how individuals approach and manage risk. In this skills training, participants will learn how to assess their own risk tolerance and consider how it may impact decision-making. By the end of this session, participants will have gained a deeper understanding of their own risk tolerance and be equipped with the tools and strategies needed to make informed decisions that are aligned with their personal values and goals.

Details‚Äč
  • To understand the concept of personal risk tolerance and its impact on decision-making
  • To learn how to assess one’s own risk tolerance
  • To consider the role of personal risk tolerance in decision-making
  • To gain practical experience applying techniques for assessing personal risk tolerance through exercises and case studies
  • Presentation of key concepts and theories
  • Group discussion and brainstorming
  • Practical exercises and case studies

included in 90-min, Half Day & Full Day sessions

  • Participants will complete a self-assessment to determine their level of risk tolerance and identify strategies for managing risk.
  • Participants will work in small groups to apply the Risk-Return Trade-off to a real-world scenario.
  • Participants will use the Decision Tree to consider different scenarios and their potential outcomes when making a decision.

(included in Half-Day and Full Day sessions)

  • The Risk Tolerance Spectrum: This model is used to assess an individual’s level of risk tolerance and to develop strategies for managing risk in a way that is aligned with their personal values and goals.
  • The Risk-Return Trade-off: This framework is used to consider the potential risks and rewards of a decision, and to assess whether the potential rewards are sufficient to justify the risks.
  • The Decision Tree: This framework provides a systematic approach to considering different scenarios and their potential outcomes when making decisions.
  • The Risk Tolerance Spectrum can be used to assess an individual’s level of risk tolerance and to develop strategies for managing risk in a way that is aligned with their personal values and goals.
  • The Risk-Return Trade-off can be used to consider the potential risks and rewards of a decision, and to assess whether the potential rewards are sufficient to justify the risks.
  • The Decision Tree can be used to consider different scenarios and their potential outcomes when making decisions.