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Risk-taking

6' Reading Time

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Written by Morphoses
Updated over a week ago

If you're unfamiliar with the CASEL framework, we highly recommend reading this article first, as it will greatly enhance your understanding of soft skills.

Check it out here.


Introduction to Risk-taking:

  • Risk-taking refers to the willingness to step outside of one's comfort zone and pursue opportunities despite potential uncertainties or setbacks. Children learn to take risks through exploration, experimentation, pushing boundaries, and pursuing opportunities even in the face of adversity, while adults face decisions involving career changes, investments, and personal relationships. Developing risk-taking skills fosters courage, resilience, and adaptability, enabling individuals to seize opportunities, overcome obstacles, and achieve their aspirations. In an ever-evolving world, risk-taking is essential for driving innovation, fostering creativity, and embracing change.

Core Area of Competence:

The soft skill of Risk-taking is found in the following core areas of competence, and more specifically under a core behavior of each area:

  • Responsible Decision Making: Apply and evaluate decision-making skills to engage in a variety of situations.

Core Behaviors that require Risk-taking:

The soft skill is manifested differently in each age group:

  • 6-8 Years:

    • Responsible Decision Making:

      • Exploratory Decision-Making: Learners make choices that involve trying new things or exploring different options.

        • Example: A child decides to try a new activity at school, such as joining a club or participating in a sports team, to explore their interests and expand their horizons.

  • 9-11 Years:

    • Responsible Decision Making:

      • Trying New Activities: Learners participate in new activities that challenge them physically or mentally.

        • Example: A child decides to try out for a school play or musical, despite feeling nervous about auditioning, to pursue their passion for performing arts and develop their talents.

  • 12-14 Years:

    • Responsible Decision Making:

      • Trying out Leadership Roles: Learners take on leadership roles or responsibilities in school or community settings, which promote confidence and initiative.

        • Example: A teenager decides to run for student council or volunteer for a leadership position in a youth organization, embracing the challenge of leadership and contributing positively to their community.

  • 15-17 Years:

    • Responsible Decision Making:

      • Fearless Pursuit of Dreams: Learners are not afraid to dream big and pursue those dreams even if it seems impossible to make them come true.

        • Example: A high school student explores entrepreneurial ventures or innovative projects, taking calculated risks and embracing the challenges and opportunities of entrepreneurship to pursue their passions and goals.

Promoting the Soft Skill:

  • For Parents and Care Givers:

    • Discover the ideal curriculum for your children on our platform, tailored to meet your unique learning needs and preferences.

    • Model Positive Risk-Taking Behavior: Lead by example and demonstrate positive risk-taking behavior in your own life. Share stories of times when you took risks, overcame challenges, and learned valuable lessons from your experiences. Encourage open communication and dialogue with children about the importance of taking calculated risks in pursuit of their goals and dreams.

    • Outdoor Exploration Adventures: Organize outdoor excursions such as nature hikes, camping trips, or visits to local parks where children can explore and discover new environments. Encourage them to take risks like navigating trails, while providing supervision and guidance to ensure their safety.

    • Encourage Participation in Extracurricular Activities: Enroll children in extracurricular activities such as sports teams, art classes, or music lessons that challenge them to step outside their comfort zone and try new things. Support them in taking risks by attending practices, cheering them on during performances, and celebrating their achievements, regardless of the outcome.

  • For Tutors:

    • Assign Creative Projects: Assign projects that require learners to think creatively and take risks with their ideas. Encourage them to brainstorm innovative solutions, experiment with different approaches, and think outside the box.

    • Provide Real-World Examples: Incorporate real-world examples and case studies into lessons to demonstrate the importance of risk-taking in various contexts. Discuss how individuals and organizations have benefited from taking calculated risks.

    • Set Challenges with Rewards: Set challenges or goals for students that require them to take risks and stretch their abilities. Offer rewards or incentives for students who step outside their comfort zone and achieve success.

Feedback and Reflection:

  • Encourage learners to reflect on their experiences of decision-making and risk-taking, prompting them to consider the outcomes, consequences, and lessons learned from their actions. Ask open-ended questions that prompt self-reflection, such as: "What was the decision you made? What factors did you consider before taking that risk? How did it turn out? What did you learn from this experience?"

  • Provide feedback that acknowledges and celebrates responsible decision-making, courage, and resilience, reinforcing positive behaviors and attitudes towards risk-taking. Recognize instances where learners demonstrated thoughtful consideration of risks and made informed decisions, regardless of the outcome. Highlight the value of their courage and resilience in facing challenges.

  • Emphasize the importance of learning from mistakes and failures as integral parts of the risk-taking process. Encourage learners to reflect on what went wrong, what they could have done differently, and how they can apply these insights to future endeavors. Offer constructive feedback that focuses on the learning opportunities inherent in setbacks, rather than solely on the negative outcomes. Encourage a growth mindset that views challenges as opportunities for growth and development.

Additional Resources:

Conclusion:

  • Embracing risk-taking is essential for fostering courage, creativity, and innovation in individuals of all ages. By promoting risk-taking skills and attitudes, parents, caregivers, and educators empower individuals to explore new opportunities, overcome challenges, and achieve their aspirations, driving personal growth and societal progress.

References:

  • Frye, K. E., Boss, D. L., Anthony, C. J., Du, H., & Xing, W. (2022). Content analysis of the Casel framework using K–12 state SEL Standards. School Psychology Review, 1–15. doi:10.1080/2372966x.2022.2030193

  • Nafees , M., Mahmood , B., Farooq , M., Batool , Z., & Chaudhary, A. (2022). Impact of Risk-Taking attitude and Leadership Skills on Entrepreneurial Intentions of the Students of Business Administration in Punjab, Pakistan. Journal of Peace, Development and Communication, 06(02), 52–62. https://doi.org/10.36968/JPDC-V06-I03-04

  • Tay, B., Özkan, D., & Tay, B. A. (2009). The effect of academic risk taking levels on the problem solving ability of gifted students. Procedia-Social and Behavioral Sciences, 1(1), 1099-1104.

  • Davis, S., & Eppler-Wolff, N. (2009). Raising children who soar: A guide to healthy risk-taking in an uncertain world. Teachers College Press.

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