Overcoming Fear of Failure and Taking Calculated Risks

A senior-level treatment of calculated risk taking, focused on what changes outcomes.

📍 Abu Dhabi🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points

Course Overview

A process for calculated risk taking that managers quietly work around has already failed. The organisation's reputation as an employer is built or lost through the practice within people management and development. Progress on this area of people management and development is usually lost in the gap between approval and execution. Participants test their assumptions about calculated risk taking against scenarios designed to break weak ones. The outcome is a practitioner who can hold a position on the practice within people management and development and revise it on evidence. It is written for people who have to make this part of people management and development work with the resources they already have. Participants leave with a method for calculated risk taking, not a set of opinions about it. Organisations that document the wider people management and development agenda properly resolve disputes about it far more quickly. It ends with a prioritised list of changes to this aspect of people management and development that the participant is prepared to defend internally.

Expected Learning Outcomes

01

Select indicators that show whether calculated risk taking is improving, and reject those that only look useful.

02

Set a realistic target state for calculated risk taking and a defensible route to it.

03

Establish what evidence would demonstrate that calculated risk taking is under control.

04

Integrate calculated risk taking with reward, development and performance processes.

05

Pilot changes to calculated risk taking before rolling them out organisation-wide.

06

Prepare managers for the emotional load calculated risk taking places on them.

07

Design a policy on calculated risk taking that is fair, lawful and actually usable by line managers.

Who Should Attend

01

Legal and compliance advisers reviewing calculated risk taking.

02

Recruitment and resourcing staff affected by calculated risk taking.

03

Business partners who must understand calculated risk taking well enough to challenge it.

04

Managers in small and medium organisations who own calculated risk taking alongside other duties.

05

Internal communications staff explaining calculated risk taking to the workforce.

06

Learning and development officers building capability in calculated risk taking.

Course Modules

01

Calculated risk taking: policy design and legal footing

2 sessions · 8 points

Session 1Writing a policy on calculated risk taking a line manager can actually use

  • Check that calculated risk taking still works when volumes rise unexpectedly.
  • Measure the effect of calculated risk taking on retention and performance, not activity.
  • State the purpose of calculated risk taking in one sentence a new manager would understand.
  • Decide what will be stopped to create capacity for calculated risk taking.

Session 2Reviewing calculated risk taking when nothing has gone wrong

  • Benchmark the organisation's calculated risk taking against comparable operations.
  • Design the communication for calculated risk taking around the questions people will actually ask.
  • Build the appeals route for calculated risk taking and publish it.
  • Set the review interval for calculated risk taking and who attends.
02

Calculated risk taking: the manager conversation that decides the outcome

2 sessions · 8 points

Session 1Costing calculated risk taking honestly, including the cost of inaction

  • Test the procedure for calculated risk taking against a realistic scenario.
  • Define who decides on calculated risk taking and who may only recommend.
  • Name a single owner for each element of calculated risk taking.
  • Assign responsibility for keeping documentation of calculated risk taking current.

Session 2Reading the current state of calculated risk taking honestly

  • Document the reasoning for every exception granted under calculated risk taking.
  • Ask employees what calculated risk taking feels like from their side.
  • Set the consistency check that catches uneven application of calculated risk taking.
  • Plan succession for roles most exposed to calculated risk taking.
03

Calculated risk taking: cost, benefit and workforce planning

2 sessions · 8 points

Session 1Appeals and grievances arising from calculated risk taking

  • Build the competence framework that supports calculated risk taking.
  • Identify the data the organisation already holds that bears on calculated risk taking.
  • Define the trigger that would require calculated risk taking to be redesigned.
  • Review calculated risk taking for unintended equity effects across groups.

Session 2Keeping records on calculated risk taking that are lawful and useful

  • Check that calculated risk taking complies with current labour regulation in every location.
  • Estimate the cost of calculated risk taking and the cost of leaving it unchanged.
  • Train line managers on calculated risk taking rather than handling every case centrally.
  • Verify six months later that changes to calculated risk taking have held.
04

Calculated risk taking: evidence, data and honest measurement

2 sessions · 8 points

Session 1Moving calculated risk taking from approval to execution

  • Collect evidence on the present handling of calculated risk taking before proposing changes.
  • Pilot changes to calculated risk taking in one area before wider rollout.
  • Set out the decisions in calculated risk taking that require sign-off and by whom.
  • Close out actions on calculated risk taking rather than leaving them open indefinitely.

Session 2Explaining calculated risk taking so people believe it

  • Establish who is informed, consulted and accountable in calculated risk taking.
  • Script the difficult conversation calculated risk taking requires and rehearse it.
  • Prepare the summary of calculated risk taking that senior management will read.
  • Confirm that contractual obligations around calculated risk taking are understood.

Choose the package that suits you

Silver Package

At least 3 people

USD1,250
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Gold Package

At least 3 people

USD1,850
  • 5-night stay in a 5-star hotel
  • Workshop or Program Participation
  • Airport Transfers
  • Customized Badge
  • Expert Mentorship (Private Sessions)
  • Supervision & Secretarial Services
  • Accredited Certificate of Participation
  • Complete Training Kit
  • Coffee Break
  • Closing Ceremony

Complete your registration

We will contact you within one business day to confirm.