You’re a risk manager who wants to be more effective. How can you use self-reflection to get there?

As a risk manager, you are invariably imposing limits on others’ ability to act. That is a huge responsibility, for which you need to understand your own motivations and expectations. If you don’t make the effort to see yourself, you will, at the very least, underperform.

there is no self-reflection without critical thinking. Are you a critical thinker? Is your baseline "yes, but..."? Are you inherently poised to accept established wisdom and given positions? Only by challenging ourselves constantly will we turn experiences into expertise.

Reflita sobre como você aborda a identifica??o, avalia??o e mitiga??o de riscos em seus projetos. Pergunte-se se seus processos de tomada de decis?o s?o eficazes e se há oportunidades para melhorar a precis?o, eficiência e eficácia. Com base em sua autorreflex?o, identifique áreas específicas em que você gostaria de melhorar como gestor de riscos. Estabele?a metas claras e mensuráveis para o desenvolvimento pessoal nessas áreas e crie um plano de a??o para alcan?á-las. Ao incorporar a autorreflex?o em sua prática profissional, você pode desenvolver uma compreens?o mais profunda de suas habilidades, tomar decis?es mais informadas e se tornar um gestor de riscos mais eficaz no geral.

Be it personal life or professional life; self reflection is a valuable act. It helps a person to self audit and identify areas that one needs to work upon ho harness one’s potential to the maximum. As a risk manager, one of the responsibility is to ensure a strong control mindset. To do so, one needs to identify areas within the current risk management framework which can be improved or which prevent from controls being effective. Not only in the risk management framework, even in the personal traits of the risk management personnel, there could be areas which can benefit from some improvement. Self reflection comes in handy there. Once areas for improvement are identified, steps can be taken to overcome the bottlenecks.

Be aware of your audience and be sensitive to how people are addressed in writing and in voice. Avoid using the word "you". "You" is often perceived as accusatory and puts an audience on the defensive. Before beginning a call or e-mail, take a few moments to reflect on how the message will be received by your audience. Write, reflect and then re-write an e-mail to convince and motivate. Don't settle for a first, second or third draft. The audience may not even know why they are turned off by an accusatory "you". All they will know is that future e-mails will not be welcome. Create a partner by reflecting on a positive communication strategy before picking up the phone to call or pushing the send button.

A alto reflex?o é muito importante no ambiente de gest?o de riscos e para os gestores de riscos, pois, muitas vezes há que se ter normas e regras que procurem dar robustez ao ambiente de controles e conformidade, mas por outro lado n?o burocratizar ao ponto de inviabilizar os negócios, processos e procedimentos.

Implementing self-reflection involves setting aside regular times for introspection, seeking feedback from others, and employing tools such as journals or structured reflection exercises. This commitment to self-awareness and personal growth enables risk managers to become more risk-intelligent in their journey towards navigate complex risk landscapes more effectively and contribute to building a resilient organizational culture. It also builds emotional resilience, inter personal skills and enhances stakeholder collaboration.

Self reflection is important in all areas of life. As a risk manager, regular self reflection may help you to be more effective. Some questions to ask are 1) Am I communicating well with the business and senior manager? 2) How can I become more proactive rather than being reactive as a risk manager? 3) Do I have the skills to do the job better? If no, how can I develop those skills? 4) Am I visible to senior management? If no, how can I market my achievements better 5) Am I at the right level of seniority and pay? If no how can I promote myself and increase my pay? Do I need to apply for a new job?

The definition of madness is to do the same, while expecting a different outcome. It is important for a risk manager to assess how their actions are helping to achieve the stated risk management goal. Ongoing monitoring is helping to identify opportunities for improvement and sources of inefficiency. Risk managers will use this knowledge to change the process to achieve a better outcome. It also helps to identify the areas that do work as intended, especially in volatile circumstances. These actions should be repeated consistently since they achieve the desired outcome.

Selbstreflexion ist für Risikomanager essenziell. Durch ehrliche Analyse vergangener Entscheidungen erkennen wir Muster und Schwachstellen. Dies erm?glicht uns, unsere Herangehensweise anzupassen und effektivere Entscheidungen zu treffen. Selbstreflexion f?rdert auch die pers?nliche Entwicklung, indem wir unsere F?higkeiten wie Kommunikation und Stressbew?ltigung verbessern. Zudem hilft sie, Feedback anzunehmen und zu nutzen, um unsere Leistung kontinuierlich zu verbessern. Insgesamt ist Selbstreflexion ein kontinuierlicher Prozess, der uns hilft, unser Potenzial zu maximieren und erfolgreich zu sein.

Self reflection is important for risk managers as it provides an opportunity to work on shortcomings and enhances productivity at work. Practicing self reflection makes you focused on your tasks, structure your daily activities, have more clarity towards the actionable and reinforce outcome.

Schedule regular periods for self-reflection, whether it's daily, weekly, or monthly. Treat it as a non-negotiable part of your routine. Write down your thoughts, experiences, & observations. Journaling can help organize your thoughts & facilitate deeper reflection. Ask reflective questions: Challenge yourself with questions such as "What were the key factors influencing my decision?" or "How did I react under pressure, & could I have handled it differently?" Seek feedback: Actively solicit feedback from colleagues, stakeholders, or mentors. Their perspectives can provide valuable insights & different viewpoints for reflection. Practice mindfulness: Engage in mindfulness exercises or meditation to enhance self-awareness & focus.

In self-reflecting, once also needs to take cognisance of the feedback received from colleagues, peers, review of events that resulted in a change in understanding or view point. Such events help to identify areas we can improve in.

The ways to practice self reflection as a risk manager are: - Compare with self, peers, industry experts - Try to implement make words into actions - Back looking at every milestone, success shouldn’t increase overconfidence and failure shouldn’t increase fear - Being obedient to the situation

Self-reflection can be challenging due to various factors such as time constraints, cognitive biases, & discomfort with introspection. Make self-reflection a priority & allocate dedicated time for it. Recognize that growth often comes from discomfort. Be willing to confront difficult thoughts or emotions during the self-reflection process. Acknowledge your biases & actively work to challenge them. Seek out diverse perspectives & consider alternative viewpoints. Foster a culture of reflection within your team or organization. Encourage open dialogue & constructive feedback. Share your self-reflection goals with a trusted colleague or mentor who can provide support & hold you accountable.

Self-reflection needs to be done carefully, especially when reviewing feedback that can be a source of demotivation. Such self-reflection needs to consider the review from the perspective of its contribution to the output and how the output can be bettered. It’s is an easier said than done problem unfortunately, but with focus this can bring personal improvement and improved skills.

Overcoming challenges of self reflection: - Stop overthinking of others, what they think if I express my opinion/ decision - concentration on the work being performed. Put 100% of your efforts and leave end results to God.

Sharing & applying self-reflection insights is essential for maximizing their impact. Here's how to do it effectively: Peer collaboration: Discuss your insights with colleagues or fellow risk managers. Exchange perspectives & learn from each other's experiences. Develop action plans: Translate your self-reflection insights into actionable steps for improvement. Set specific goals & timelines for implementation. Feedback loop: Continuously evaluate the effectiveness of your actions & adjust as needed based on feedback & new insights. Document lessons learned: Keep a record of your self-reflection insights & their outcomes. Documenting lessons learned facilitates continuous learning & improvement over time.

Es recomendable una vez avanzado en el estudio del riesgo, consultar con otros expertos y personas no profesionales en la materia, sin sesgar su opinión, con la intensión de obtener más información que pueda surgir interesante y poder incorporarla en la evaluación, mejorar los factores evaluados o mejorar el modelo establecido, leer noticias relacionadas si se encuentra en el top recogiendo opiniones y volver a realizar la autorreflexión, colocando límites desde el principio para no desbordar el tiempo y el estudio.

Risk may be coming from various factors (biz),economic, political.Identification.evaluation and prioritization with the help of minimisation.monitoring.finally controlling. KPSASTRY

Use self-reflection to enhance effectiveness as a risk manager by regularly evaluating past decisions and outcomes. Identify strengths and weaknesses in risk assessment, communication, and decision-making. Reflect on how personal biases may influence risk perception and management approaches. Set aside dedicated time for introspection and goal-setting to continuously improve skills and strategies. Seek feedback from peers and stakeholders to gain insights into areas for development. By embracing self-reflection as a tool for growth and learning, risk managers can enhance their effectiveness in mitigating risks and driving organizational resilience.

Self reflection of my experiences as a risk manager: Obviously we are given with set of guidelines to take a set of decisions whether to say Yes or No to proposal/deal. They will be cross fingers even if we say Yes from different angles, obviously if we say so No. Shouldn’t not be worried at the situation, decision once taken, be strict to it even under pressure. Don’t let the situation take the control over you, always behave according to the time ???

Approach self-reflection with a growth mindset, viewing challenges as opportunities for learning & development. While self-reflection is valuable, ensure it translates into tangible actions & outcomes. Strive for a balance between introspection & active decision-making. Engage with individuals from different backgrounds & disciplines to gain fresh insights & broaden your understanding of risk management. Incorporating self-reflection into your risk management practice can lead to more effective decision-making, improved relationships, & greater personal & professional growth. By making self-reflection a habit & leveraging its insights, risk managers can navigate uncertainties more adeptly & contribute positively to organizational success.

Have brain storm sessions with colleagues and peers. Knowledge is improved with sharing and you never know where a great idea may come from.

Self-reflection can be a powerful tool for a risk manager to enhance effectiveness! Here are some ways you can leverage self-reflection: 1. Regularly write down your thoughts, observations, and experiences related to risk management. Reflect on past decisions, outcomes, and the factors that influenced them. 2. Take time to review past risk incidents or situations where you had to make critical decisions. Identify what worked well, what could have been improved, and what lessons you learned. 3. Seek feedback 4. Stay updated on industry trends, best practices, and new risk management techniques.