Περιγραφή θέματος
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TITLE - Coping with Uncertainty and Risk
KEYWORDS (META TAG) - Uncertainty in running business
- Ambiguity in running business
- Risk in running business
- Risk managing strategy
- Characteristic of the good decision
LANGUAGE - English
OBJECTIVES / GOALS / LEARNING OUTCOMES - By the end of this lesson, they will gain the ability to recognize the types of risks in their business activity
- By the end of this lesson, they will gain the ability to distinguish between risk, uncertainty, and ambiguity in economic activity
- By the end of this lesson, they will gain knowledge about the skills to deal with risk and uncertainty in business
- Learn about risk management strategies in their business
- Learning the principles of decision-making (and trust) as a method of reducing the risk of business activity
CONTENTS IN BRIEF In this Module the following topics are covered: - Introduction to the concept of creativity and brainstorming
- Presentation and analysis of certain individual brainstorming techniques
- A short guide of how to put ideas into practice
- A presentation of the Pyramid of Value Creation
GLOSSARY ENTRIES - Brainstorming: a tool for coming up with many ideas and creative solutions to complex problems.
- A moderated discussion that guides participants to the main conclusions resulting from the content of the training.
BIBLIOGRAPHY AND FURTHER REFERENCES - Paulina Major, Zaufanie jako strategia radzenia sobie z niepewnością i ryzykiem w przedsiębiorstwach realizujących projekty. Zeszyty Naukowe Politechniki Śląskiej, Seria: Organizacja i Zarządzanie z. 113, Zabrze 2017.
- WDA Bryant, Kumar Ankit, Puneet Mahajan, Maneesh Dangi, Bryan D’Aguiar, and Uday Damodaran (Coordinator), Uncertainty, Ambiguity, and Financial Decision-Making, Link, 2014
- Ovidijus Jurevicius, SWOT Analysis - Do It Properly! Link
- Wikipedia (2013). SWOT analysis. Available at: Link
- Samuelson W. F., Marks S. G. (1998). Ekonomia menedżerska, Wydawnictwo PWE, Warszawa.
- Rabihah Md.Sum Risk Management Decision Making, Sydney, 2019 Link
- Enrico Zio and Nicola Pedroni, Risk-informed decision-making processes Link
- Doing Business Comparing Business Regulation in 190 Economies 2020, Link
- Czajkowska K. (2017). Risk identification methods in enterprise risk management, Journal of Modern Management Process. No. 2 (1)
- Lori Deschene 7 Ways to Deal with Uncertainty So You Can Be Happier and Less Anxious Link
RELATED MATERIAL AND REFERENCE LINK (I.E. YOUTUBE VIDEOS) - Corporate Finance Institute, Business Risk vs. Financial Risk | Definition, Business Risk vs. Financial Risk, and Tools
- University of Technology Sydney, Business: Decision Making Under Uncertainty,
- Risk and Uncertainty Explained | Business Revision,
RELATED PPT - Communication and active listening
- Working with others
- Motivation and Persistance