Register now or log in to join your professional community.
Risk could be negative or positive. We need to evaluate risk impact and then compare its outcomes. After evaluation detremine risk rating and implement risk response strategis. A calculated risk taker can drive positive outcome. Business is Risk. Higher the risk, higher the profit.
Taking a risk means being prepared to lose something. There is no risk if there’s no possibility of loss. Because of that, I don’t feel that there’s room for “risky behavior” in the workplace. I’m not willing to lose my reputation/my position/my standing, and I am not ever going to put the success of the company/division at stake. There are parameters in which a person has to operate, and subjecting yourself (and others) to loss based on your having taken a risk is unacceptable. I do like to think creatively, I do like to think outside the box, and there are times that I might take a chance... but I would never subject myself, any other person or entity to risk…
Taking risks (calculated risks) could pay you back generously. Could make you the pioneer in the field, everybody would be after you. The most successful people are those who take the reponsibility to initiate taking risks.