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FAST CLASS: The Power of Habits

Lesson 16 of 29

Risk Tolerance & The Workplace

 

FAST CLASS: The Power of Habits

Lesson 16 of 29

Risk Tolerance & The Workplace

 

Lesson Info

Risk Tolerance & The Workplace

So let's think a little bit about about risk tolerance for a second. Okay, um, now, the notion of risk is actually kind of interesting one, and our world is full of psychological risks. There are two kinds of risks. If you if you look at the people who study risk economists and decision theorists, there are two kinds of risks, one of which is uncertainty and the other of which is ambiguity. So we talked about several other dimensions now to really expand on our understanding of personality. So we'd started with those big Five dimensions. We added to that need for cognition and need for closure. How much do you really need to think about stuff? How much how likely are you to exist in that thinking mode rather than that doing mode? We talked a little bit about narcissism. How much do you really draw your self esteem and the energy that goes into that from the people around you? We'd like to be sort of in the middle of that and not at the extreme. And finally we talked a little bit a litt...

le bit about risk, tolerance. To what degree can you operate effectively in an environment in which the outcome isn't that well understood. And, you know, again we'd like to be in a situation in which we aren't paralysed by risks, but in which we have probably aren't throwing ourselves headlong into trains. Either we'd like to be sort of in the middle there and that. And so if we find that were paralyzed by risk, are there things that we can do to minimize some of that ambiguity and to give ourselves a little bit more confidence to engage in situations where the outcome is uncertain? And if we tend to throw ourselves headlong into risk, maybe it would be useful to tether ourselves to someone else who's a little bit calmer to keep us from going off the edge.

Class Description

FAST CLASS:

Try a Fast Class – now available to all Creator Pass subscribers! Fast Classes are shortened “highlight” versions of our most popular classes that let you consume 10+ hours in about 60 minutes. We’ve edited the most popular moments, actionable techniques, and profound insights into bite-sized chunks – so you can easily find and focus on what matters most to you. (And of course, you can always go back to the full class for a deep dive into your favorite parts.)

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ABOUT ART'S CLASS:

Setting a goal is one thing, but actually doing the work to achieve that goal is a totally different endeavor. If you want to hit your targets and make lasting changes in your life, join author and psychologist Art Markman, Ph.D., to learn what it takes to build and maintain healthy habits that will last a lifetime.

This course won’t serve up superficial self-help tips; instead, you’ll dive into the latest cognitive science behind behavior change. You’ll learn how to build new, positive habits and break the cycle of existing negative ones. You’ll explore what it takes to sustain healthy habits over time and increase your chances of maintaining new habits by empowering your friends and family to make positive changes, too.

Don’t waste another day simply wishing you could make a change that really sticks — equip yourself with the techniques you need to transform your life in measurable, powerful, and positive ways.


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