How to Make Better Decisions in Face of Obvious Risks

businessman-facing-rhino-Michele-WuckerHave you noticed how many of the corporate scandals and crises in the headlines these days erupt after a series of obvious warning signals that companies should have heeded?

This kind of highly probable crisis is the “gray rhino” of Michele Wucker’s acclaimed new book, THE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We Ignore.

Why do some decision makers see a highly probable threat coming at them and let their organizations get trampled, while others act in time to not only get out of the way, but to thrive?

Michele asked this question after writing about the Argentine and Greek financial crises and two very different responses to chances to head off collapse in 2001 and 2012.

Her conclusions, which illuminate the blind spots and structural obstacles but also the opportunities associated with gray rhinos, are highly relevant to businesses, policy makers, and individuals.

Join Michele for an overview of the five-stage framework outlined in THE GRAY RHINO and practical tips on how to make good decisions, avoid missing the obvious, motivate key players, and strategize effective responses –in other words, how to gray rhino proof your business.

Here’s what some attendees of the live event said about this program on navigating risk:

  • “I have witnessed unnecessary ‘fire-fighting’ mindsets and behaviors in the corporate/business world that could have been avoided with better awareness on such a topic and the consequences for neglecting acting upon it.”
  • “In about an hour, you are exposed to new ideas with the options to dig deeper if you feel it would be of benefit.”
  • “Risk recognition is one of the most difficult challenges we all face.”
  • “I need to continue to be courageous in telling leaders what they may not want to hear – but NEED to hear.”
  • “This was the first Master Class I have attended, and I was very pleased with the content, the format and delivery.”
  • “The master classes are so relevant and applicable!”
An award-winning global thought leader, Michele Wucker founded Gray Rhino & Company to help decision makers to strategically counter risks that are neglected despite – and all too often because of – their significance.

Her third book, THE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We Ignore (St Martin’s Press, 2016), has been praised by business, policy, and thought leaders around the world. The book draws on Michele’s broad background in strategy, public policy, crisis management, behavioral economics, risk, and geo-economics.

Michele has been recognized as a Young Global Leader of the World Economic Forum and a Guggenheim Fellow.

She has been Vice President for Studies at The Chicago Council on Global Affairs; President of the World Policy Institute, where she led a dramatic turnaround; and Latin America Bureau Chief at International Financing Review. She taught at Columbia University’s School for International and Public Affairs, of which she is an alumna.

Michele has lectured on five continents and written for publications including strategy + business, Inc., The New York Times, The Washington Post, and The Wall Street Journal. She has been interviewed by National Public Radio, CNN, CNBC, MSNBC, Fox News, and others.

Her earlier books are LOCKOUT: Why America Keeps Getting Immigration Wrong When Our Prosperity Depends on Getting It Right and WHY THE COCKS FIGHT: Dominicans, Haitians, and the Struggle for Hispaniola.

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William Flamme

William Flamme

William Flamme is ExecuNet's Marketing Content Manager, where he is responsible for developing engaging career, job search, and leadership insight and delivering executive-level content across the various properties under the ExecuNet brand. Prior to joining ExecuNet in 2008, Will earned a master's degree in education and taught fifth grade and sixth grade. As a teacher, he deepened his appreciation for the written word and mastered skills necessary for managing writers who sometimes view deadlines as homework.

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