Why we don’t all see risk the same way… it’s a personality thing.

Risk is essential for any business.

Taking chances, trying new things, experimenting, innovating, working with new people – the list of activities that involve some level of uncertainty at work is endless. But we do it, because growth can only come from evolution.

There is always a lot of discussion in the area of risk, primarily focused on getting the balance right between unlocking new value and acting in a cautious way with strong governance around legal, people, compliance and ethics.

But did you know that YOUR PERSONALITY PLAYS A HUGE ROLE in understanding how you view risk – and how you’re likely to behave or respond during times of change, uncertainty and opportunity?

It makes sense right? Most of the innovation or change activities are created by people – and as well know, everyone is different, with their own personality, bias, habits and experience. This impacts on how they approach risk.

Today, we want to share with you the TALY Risk Personality Model and what this means for individuals and leaders at work.

Where do you think you sit?

The TALY Personality Profiling brings together…

• scientifically-backed personality profiling.

• tailored to the needs of your business, culture and the role.

• delivered through customised, locally-built AI tools.

Get in touch to find out more about how you can use TALY profiling to give you the insights you need to build great teams - from recruitment onwards! Or Book a Demo today to see how easy it is to start using TALY in your business.

What do we mean when we talk about risk?

When we talk about risk at TALY, we’re talking about it in a work context – not how likely you are to climb Mt Everest or jump from a plane.

At work, we’ve all come across different mindsets when it comes to taking chances. When presented with a new opportunity, some people are just happy to jump in and see what happens, while some hold back and act more cautiously.

Some bring an experimentation mindset, the classic suck it and see. Others hold back and will be the last to take action.

A lot of this is to do with your personality – the fundamentals of who you are, your genetics and childhood experiences, that shape the way to you connect with the world.

At play here are also you biases , and a range of other group dynamics that impact on behaviour – but that’s for another day