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There are 4 modules in this course
Risk Management and Innovation develops your ability to conduct empathy-driven and data-driven analysis in the domain of risk management. This course introduces empathy as a professional competency. It explains the psychological processes that inhibit empathy-building and the processes that determine how organizational stakeholders respond to risk. The course guides you through techniques to gather risk information by understanding a stakeholder’s thoughts, feelings, and goals. These techniques include interviewing, brainstorming, and empathy mapping. The course concludes by using this risk information to enrich data analysis. You will learn basic data visualization concepts in Tableau and use these concepts to explore and explain data. Throughout these analyses, the course challenges you to identify risks by focusing on unmet stakeholder needs.
This course develops your ability to conduct empathy-driven and data-driven analysis in the domain of risk management. Throughout these analyses, the course challenges you to identify risks by focusing on unmet stakeholder needs. In Module 1, you will be exploring the concept of risk and how it can affect decisions. In addition, you will explore some of the psychological biases that affect how people evaluate risk, as well as how emotions influence responses to risk. Finally, the module introduces different categories that organizations use to identify, categorize, and manage risks.
Online Education at Gies College of Business•10 minutes
Updating Your Profile•10 minutes
Module 1 Overview•10 minutes
Module 1 Readings•10 minutes
3 assignments•Total 120 minutes
Orientation Quiz•30 minutes
Psychology of Risk Practice Quiz•30 minutes
Psychology of Risk Quiz•60 minutes
1 discussion prompt•Total 10 minutes
Getting to Know Your Classmates•10 minutes
1 plugin•Total 15 minutes
Demographic Survey•15 minutes
Module 2: Empathy & Risk
3 hours to complete
Module details
Module 2 explores the link between risk and empathy. This module discusses the psychology of making decisions for others, and how lack of insight into others can lead you to make different decisions for others than you do for yourself. We will focus on variables such as risk, information volume, and errors of commission and omission.
What's included
3 videos2 readings3 assignments
Show info about module content
3 videos•Total 18 minutes
Deciding for Ourselves vs. Others – Part 1 •5 minutes
Deciding for Ourselves vs. Others – Part 2•6 minutes
Empathy and Risk •7 minutes
2 readings•Total 20 minutes
Module 2 Overview•10 minutes
Module 2 Readings•10 minutes
3 assignments•Total 120 minutes
Deciding for Ourselves vs. Others Practice Quiz•30 minutes
Empathy and Risk Practice Quiz•30 minutes
Empathy and Risk Quiz•60 minutes
Module 3: Empathy, Data, & Risk
4 hours to complete
Module details
You will begin applying the ideas of empathy, risk, and self-other decision making to data analysis. You will explore simple ways to gain insight into others’ beliefs and preferences, and ways in which you can present risk information to others in a manner they can understand. The module concludes with contrasts between empathy-driven and data-driven analysis, and some basic tools to link empathy-building to data analysis and some basic principles of data visualization.
What's included
5 videos2 readings3 assignments1 peer review
Show info about module content
5 videos•Total 28 minutes
Empathy and Risk Communication •8 minutes
Communicating Risk – Probability vs. Frequency •8 minutes
Empathy-driven Risk Analysis - Part 1•3 minutes
Empathy-driven Risk Analysis - Part 2•3 minutes
Empathy, Risk, & Data - Chicago Arrests Viz (Screen Capture) •7 minutes
2 readings•Total 20 minutes
Module 3 Overview•10 minutes
Module 3 Readings•10 minutes
3 assignments•Total 120 minutes
Empathy and Risk Communication Practice Quiz•30 minutes
Communicating Risk Practice Quiz•30 minutes
Empathy, Data, and Risk Quiz•60 minutes
1 peer review•Total 60 minutes
Visualizing Discrimination in Drug Law Enforcement•60 minutes
Module 4: Bringing Empathy to the Data
2 hours to complete
Module details
You will learn how to combine principles of empathy, risk, and data with a focus on approaching problems using analytics and empathy. The module discusses these issues in real-world contexts, with examples drawn from business and from issues of systemic bias.
What's included
4 videos4 readings2 assignments
Show info about module content
4 videos•Total 18 minutes
Bringing Empathy to the Data – Part 1 •6 minutes
Bringing Empathy to the Data – Part 2•4 minutes
Empathy, Risk, and Data in the Real World •5 minutes
Gies Online Programs•4 minutes
4 readings•Total 40 minutes
Module 4 Overview•10 minutes
Module 4 Readings•10 minutes
Congratulations on Completing the Course!•10 minutes
Get Your Course Certificate•10 minutes
2 assignments•Total 90 minutes
Bringing Empathy to the Data Practice Quiz•30 minutes
Bringing Empathy to the Data Quiz•60 minutes
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Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
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Build toward a degree
This course is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹
¹Successful application and enrollment are required. Eligibility requirements apply. Each institution determines the number of credits recognized by completing this content that may count towards degree requirements, considering any existing credits you may have. Click on a specific course for more information.
The University of Illinois at Urbana-Champaign is a world leader in research, teaching and public engagement, distinguished by the breadth of its programs, broad academic excellence, and internationally renowned faculty and alumni. Illinois serves the world by creating knowledge, preparing students for lives of impact, and finding solutions to critical societal needs.
When will I have access to the lectures and assignments?
Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). If you choose to explore the course without purchasing, you may not be able to access certain assignments.
What is the refund policy?
You will be eligible for a full refund until 2 weeks after your payment date. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the 2-week refund period. View our full refund policy.
Is financial aid available?
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What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.