Risk can be defined as the variability in possible outcomes, usually in reference to the possibility of negative results. Basically, it is Black hat Thinking.
Is it allowed to opportunity as a Yellow Hat Thinking counterpart of Risk?
Risk is also defined as the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential losses themselves may also be called "risks". Almost any human endeavour carries some risk, but some are much more risky than others.
Could we mirror this definition?
Is it justifiable to define an opportunity as the potential that a chosen action or activity (including the choice of inaction) will lead to a gain (a desirable outcome). The notion implies that a choice having an influence on the outcome exists (or existed). Potential gains may also be called "opportunities". Almost any human endeavor carries some opportunity, but some are opportuneous than others.
This definition answers in my opinion much better the question about the nature of an opportunity. However, the Free Dictionary defines an opportunity as
It strikes me that in f.i. the Wikipedia an section exist about Risk, but not about Opportunity.
However, in long term it might be a much better and structural solution! n my opinion it is green hat thinking, because there is no reason given. It is a pure hypothesis. It could happen, but logically it is not likely. After all, rich brothers will not hang out in the local take away place.
But if the sisters reasoned that the take away place is frequently visited by Wall Street Boys, then it is in my opinion Yellow Hat Thinking. It is an argued possible benefit.
A possible danger ( a risk) is Black Hat thinking. The danger and why it is a danger is pointed out.
In my opinion, the same would apply for a potential benefit (an opportunity)
De Bono has written a book, dedicated to Opportunities. Unfortunately, I have it not at hand.
On this site I found the following:
de Bono defines an opportunity as "a course of action that is possible & obviously worth pursuing." He makes some very interesting observations in this book
"The reasons that many opportunities pass us by is a perceptual one - we do not recognise an opportunity for what it is. An opportunity exists only when we see it."
"Everyone is surrounded by opportunities. But they only exist once they have been seen. And they will only be seen if they are looked for.
"That's why I have always maintained that perceptual sensitivity to the world at large is a very important skill for all of us in today's rapidly-changing, technology-savvy world.
The book you mentioned is Opportunities - A handbook of Business Opportunity Search. It is from 1992, but still worth reading. For your purposes I would recommend it before any other book of de Bono.
Maybe it is interesting to read his study about successful entrepreneurs. I think de Bono derived from these interviews his insight " to take a thinking pause". That is interrupting automatic thought, in order to notice things nobody else have noticed. And make out of it.a successful business. Tactics
I would start with these two books.
The best general overview of de Bono's work is in my opinion Serious Creativity: using the power of Lateral Thinking. It is about thinking in general, but I think less suitable for your job.
Would you announce when you thesis is finished, and how I can obtain it?