Low High Low High Score: 1 2 3 4 5 1 2 3 4 5 Score: Score: Information Degree to which situation Level of gaps that Degree to which change Out of 15 ___ Situation is complex and fast exist in diagnostic decision making is changing measures decentralized Low High Low High Low High 1 2 3 4 5 1 2 3 4 5 1 2 3 4 5 Score: Score: Score: Total Score = Using scoring criteria consistent with that developed by Simon: If your score is between 9 and 20, you are in the safety zone. Between 21 and 34, you are in the cautionary zone. Between 35 to 45, you are in a danger zone. 1. Does the organization have an appropriate level of risk taking given the nature of the business it is in? Does it play it too safe, about right, or does it take excessive risks? 2. Does the approach help you in thinking risk and what factors may be contributing to the overall risk levels? 3. Do the findings help you to think about what can be done to make the levels of risk more manageable? Toolkit Exercise 10.6 Applying the DICE Model
Low High 1 2 3 4 5 Score: Low High 1 2 3 4 5 Score: Score: Information Situation Degree to which situation is complex and fast changing Low High 1 2 3 4 5 Score: Level of gaps that exist in diagnostic measures Low High 1 2 3 4 5 Score: Degree to which change decision making is decentralized Low High 1 2 3 4 5 Score: Out of 15 ___ Total Score = Using scoring criteria consistent with that developed by Simon: If your score is between 9 and 20, you are in the safety zone. Between 21 and 34, you are in the cautionary zone. Between 35 to 45, you are in a danger zone. 1. Does the organization have an appropriate level of risk taking given the nature of the business it is in? Does it play it too safe, about right, or does it take excessive risks? 2. Does the approach help you in thinking risk and what factors may be contributing to the overall risk levels? 3. Do the findings help you to think about what can be done to make the levels of risk more manageable? Toolkit Exercise 10.6 Applying the DICE Model