Well-considered risk taking is critical, not just for the success of individual companies but also to enable a properly functioning economy. Companies that are too cautious for too long sometimes discover that they’ve made a significant mistake. To avoid swinging between excessive caution and over-exuberance, set a disciplined target for your desired investment outcomes.
Posts Tagged ‘Risk taking’
What Is Your Risk Appetite?
Wednesday, December 2nd, 2009Innovation and Idea Management: From Ideation to Collaboration to Execution
Monday, November 16th, 2009Innovation thrives on a diet of news ideas. Alt: Â Innovation: What a great idea !
It needs new views, fresh thinking, a different perspective from across the organization.
We’ve noted that Innovation = Creative x Risk Taking. Setting aside risk for the moment, creativity is a central element to the innovation process. But it must continually be nourished with new ideas from a variety of sources.
