The Risk Type Compass personality assessment focuses on raising awareness in the way individuals perceive, manage and make decisions about risk.
Developed by the Psychological Consultancy Limited the Risk Type Compass helps individuals, and teams gain a deeper insight into their risk disposition and behaviour. Two key factors in risk-taking are an individual’s risk type and risk attitude.
While risk management has previously focused on procedures, regulation and legislation, Risk Type Compass uniquely assesses the risk-taking nature of individuals. By identifying critical individual differences in risk appetite, organisations can maximise potential and balance the contributions of risk-takers and more risk-averse individuals.
Based on extensive global psychological research, the Risk Type compass places individuals into one of eight distinctive Risk Types, providing insights that have important implications for individuals, teams and the organisation. For example: How much risk are they willing to take, how much uncertainty will they cope with and how are they likely to respond when things go wrong.
Wary – self-disciplined and cautious
Prudent – self-controlled and detailed
Deliberate – systematic and compliant
Composed – cool headed and optimistic
Adventurous– impulsive and fearless
Carefree– spontaneous and unconventional
Excitable – uninhibited and excitable
Intense – pessimistic and self-critical