A short time ago I mentioned that I had been in Toronto with MHS being certified as a trainer for the new (to North America) Risk Type Compass assessment tool. You can find more information on the certification workshops here.
The Risk Type Compass (RTC) tool assesses the different ways in which individuals perceive risk. Based primarily on personality research, the Risk Type Compass uses aspects of an individual’s temperament to place them into one of eight risk propensity categories known as Risk Types. An individual’s Risk Type will give an indication of how an individual perceives risk, how much uncertainty they can cope with, and how they will react when unexpected events or outcomes occur.
The applications are wide reaching, from individual, leadership and team development, to understanding how executive boards manage organizational risk, and to the financial and auditing industries where risk is part of their every day. Investors have also found that using this assessment with their clients helps them to better recommend investment portfolios that meet their client’s appetite for financial risk. You can see samples of the Risk Type Compass reports HERE.
With such a strong link between emotional intelligence and decision-making I see the RTC tool as a critical piece of learning for leaders that want to understand and explore their risk orientation and decision-making tendencies in more detail. Coaches, consultants, and HR pro’s becoming certified in the RTC assessment will have a new and valuable tool to work with their clients.
If you would like to learn more about the RTC tool, the certification process, or how this exciting new assessment can become part of your service offering, drop me a line.