Taking The Risk, Making Your Move

Source: American Management Association

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Have you ever been stopped in your tracks by risk? Faced with balancing the odds of success, the investment you've made in relationships, the value of the win, how do you make your choice? Often it is the actions that others don't see that truly define winners from losers. It's also about risk - one's willingness to take it and the role of the leader in establishing an environment in which risk is truly accepted. It is valuable for senior managers to step back and evaluate the risk-taking culture of their organization. Do your employees need to ask permission to reach beyond the norm? Such intervention dilutes the passion, the edge, the drive.
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Date:May 2008