Jul 12, 2021
In this episode, Lyndsey talks with Michele Wucker, famous author and policy analyst. Michele’s newly published book, You Are What You Risk: The New Art and Science of Navigating an Uncertain World is a must-read book to understand the connections between individuals’ risk profile and global risk management.
Introduction and Overview
• Focuses on risk (3:09)
• Brings many facets together so non-specialists can access information and knowledge (3:45)
Inspiration and Motivation for New Book
• How the feedback of The Gray Rhino book tour inspired the idea of this new book (5:59)
• How can the new book help readers understand their risk personalities (8:44)
Risk Fingerprint Concept and its Application to Individuals and Organizations
• How do various factors affect the company’s risk profiles (11:37)
• How do leaders’ personal risk fingerprint affect companies’ risks profile (12:47)
• How countries’ risk cultures influence risk management decisions (14:07)
Risk Appetite and Risk Attitude
• Chinese characters of Crisis - “Wei” “Ji” (18:40)
• How someone perceives the risk influences risk tolerance and risk appetite (20:25)
• How training and education can change risk appetite and risk attitude (23:10)
Global Risk Management and Environmental, Social and Governance (ESG) Movement
• Challenges for global ESG movement (28:37)
• How Olympic style competition could propel ESG movement (29:29)
Is the New Generation Really “Risk Averse”?
• Why “Risk Averse” is not the proper description for new generations (33:30)
Takeaway Points of New Book (37:51)
Advice to Business Book Authors (41:20)