What do you do if your resilience is tested in a Risk Management career?

When faced with a test of resilience in a risk management career, it's essential to remain calm and focused. Start by assessing the situation objectively, identifying the root cause of the challenge, and formulating a plan to address it effectively. Drawing on past experiences and knowledge can help in devising solutions. Additionally, seeking support from colleagues or mentors can provide valuable perspective and assistance in navigating the challenge. Remember to maintain a positive mindset and adaptability, as resilience is often about bouncing back from setbacks and learning from them to grow stronger in the future.

Edmund Hillary once rightly said "It is not the mountain we conquer, but ourselves," the harder the conflict, the more glorious the triumph. Show your metal. Reflect on experiences to strengthen risk management practices and build resilience for future challenges. Clinging to a broken plan won't help. Be flexible and adapt your risk management strategies as needed. Don't try to be a hero, share the burden; reach out to colleagues, mentors, or even external consultants for guidance and support. Once the dust settles, take time to reflect on the experience. Analyze what went well and what could be improved. Remember that setbacks are inevitable and can be overcome with time and perspective.

Difficult situations provide an opportunity for growth, as long as there is a period of reflection to understand and analyse the lessons. Just like Ray Dalio says "pain + reflection = progress"

This can be extremely challenging situation. The resolution starts with 1.First accepting the situation and gauging the impact. One needs to get ready to adapt to the environment of evolving risk. 2.Risk Communication will play an important role in managing misinformation and setting the right expectations and handling different emotions like fear/panic. 3.Seek support from mentors, colleges who are trustworthy they can bring novel solutions. 4.Pay attention to your self by maintaining right balance of positive thinking, sleep, exercise. 5.Develop support system use your network adjust your models, make adjustments in line with the situation and your assessment by taking a complete view of the situation

1. Keep calm and maintain composure. 2. Assess the situation and available resources. 3. Problem-solve and develop strategies to mitigate risks. 4. Seek support and guidance from colleagues or mentors. 5. Learn from setbacks to improve future efforts. 6. Stay flexible and adapt to changing circumstances. 7. Prioritize self-care to maintain resilience.

Outre les moments difficile que tout gestionnaire de risque rencontre, rester à l’écoute en consommant régulièrement du contenu (article, livre, podcast, vidéo, radio, etc.) est une nécessité pour garder une longueur d’avance ou se créer une base de données qui sera utile plus tard. L’échange direct ou indirect avec ses paires en fait partie.

Initiate Mentorship Relationships: Connect with experienced professionals who can guide you through challenges and decision-making processes. Participate in Workshops and Seminars: Gain new insights and strategies while building supportive relationships within the risk management community. Join Online Forums and Groups: Engage in discussions and exchanges with peers globally to widen your support network and knowledge base. Encourage Team Debriefs: Regularly discuss what’s working and what’s not with your team to foster a supportive and collaborative work environment.

Você tem pares, gestores de confian?a especialistas em gest?o de riscos? N?o exite em pedir uma segunda opini?o. Um olhar de fora, sem emo??o envolvida, pode trazer mais clareza para sua tomada de decis?o.

Here are some strategies to prioritize well-being: -Establish Boundaries: Maintain clear separation between work and personal life. -Regular Exercise: Incorporate physical activity into your routine for improved mood and stress reduction. -Healthy Eating Habits: Maintain a balanced diet to sustain energy levels and overall health. -Adequate Rest: Prioritize quality sleep to enhance cognitive function. -Mindfulness and Stress Reduction: Practice techniques like meditation. -Seek Support: Build a strong support network. -Regular Breaks and Time Off: Take breaks and use vacation days to prevent burnout. -Professional Development: Invest in ongoing learning and skill-building opportunities for job satisfaction and growth.

Schedule Regular Breaks: Integrate short breaks into your day to refresh your mind and prevent burnout. Set Boundaries: Clearly define your work hours to ensure time for rest and personal activities. Engage in Physical Activities: Incorporate exercise into your routine to reduce stress and enhance mental clarity. Practice Gratitude: End each day by reflecting on what you’re thankful for to cultivate a positive mindset and reduce stress.

Mantenha rotinas saudáveis, principalmente com a prática de exercícios. Além de despressurizar, muitas reflex?es acontecessem neste momento que é "só seu".

Nem sempre fazer as mesmas coisas, trar?o os mesmos resultados em gest?o de riscos. A medida que os controles evoluem, novos riscos surgem. Adaptabilidade e rapidez é necessário para garantir perenidade na gest?o de riscos.

Stay Informed on Industry Trends: Keep abreast of changes and trends in your field to adjust your strategies accordingly. Conduct Regular Risk Assessments: Periodically re-evaluate risks to ensure your strategies remain relevant and effective. Embrace Technological Advances: Utilize new tools and technologies to enhance your risk management processes. Solicit Team Feedback: Regularly ask your team for input on strategies to uncover areas for improvement and innovation.

Being put to the test in risk management and having your resilience tested, in my opinion, often translates into the nature of risk management work itself. Considering that part of the risk work is to assist the organization in decision making and also contribute to the resilience of operations, this can result in good or bad decisions. I think that the result of practical experience in risks will certainly enable some learning and new strategies for the professional. I suggest managing the risk of being put at risk in advance. Knowledge, feedback, strategies and tactics ready for more complex scenarios in which it can be put to the test. Don't just stick with plan A. Have plan B, C, as a kind of contingency.

Flexibility & adaptability are critical components of resilience in a risk management career. Adapting strategies involves: Being willing to pivot & adjust course in response to changing circumstances, priorities, or objectives. Experimenting with new approaches, tools, or methodologies to overcome obstacles & achieve goals. Anticipating potential challenges & developing contingency plans to mitigate risks & minimize disruptions. Embracing a growth mindset that views setbacks as temporary setbacks rather than insurmountable obstacles, fostering resilience & perseverance.

Celebrate Small Successes: Recognize and appreciate the minor victories along the way to keep morale high. Learn from Every Outcome: Whether success or failure, extract lessons to apply in future scenarios. Set Realistic Expectations: Understand that perfection is unattainable and aim for progress instead. Detach from the Outcome: Focus on your effort and strategies, knowing that some factors are beyond your control.

Wait then Move: Everyone has a tolerance level, if you think your are putting your best effort still it's not being recognized, simply move on.

Il ne faut jamais réagir sur le coup de l’émotion, qu’elle soit négative ou positive. Pour conserver le recul nécessaire le bien être cité plus haut est primordial (routine sportive, de méditation - et autre). Comme l’adage le dit “si tu veux la paix, prépare la guerre”. Se créer un cadre flexible est la clé pour garder la vision d’ensemble.

Foco e disciplina de execu??o será sempre necessário, independentemente do nível de press?o. Haverá alguma probabilidade de fazer ajustes no caminho e se acontecer, precisa ser rápido. Lembre-se de pensar nos colaboradores que você poderá contar para delegar certas atividades. Pensar que deve-se fazer tudo sozinho nem sempre é a decis?o mais sabia.

Reflection is a powerful tool for building resilience in a risk management career, allowing individuals to learn from experiences & continuously improve. Strategies for reflection & growth include: Carving out time for regular reflection & self-assessment, evaluating successes, failures, & lessons learned. Setting aside ego & embracing humility, acknowledging mistakes & using them as opportunities for growth. Incorporating feedback from colleagues, mentors, & stakeholders into personal development plans, identifying areas for improvement & refinement. Committing to ongoing professional development through training, education, & skill-building initiatives, investing in oneself & one's future success.

In risk management, your work resilience may be tested by encountering unexpected challenges, high-pressure situations, or setbacks. To navigate these moments effectively, it's crucial to maintain a positive mindset, adapt quickly to changes, seek support from colleagues or mentors, and focus on problem-solving rather than dwelling on setbacks. Additionally, continuously updating your skills and knowledge can help you stay resilient in the face of evolving risks and uncertainties.

Try doing less hospitality from the existing broker....go to tender so there are more brokers looking to be your best friend :)

In addition to the strategies outlined above, there are several other factors to consider when building resilience in a risk management career: Cultivating a strong support system outside of work, including friends, family, & community connections. Practicing self-compassion & forgiveness, recognizing that everyone makes mistakes & faces challenges. Staying connected to personal values, passions, & interests outside of work to maintain a sense of balance & fulfillment. Taking breaks & vacations to recharge & rejuvenate, preventing burnout & maintaining resilience over the long term.