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Take calculated risks from "summary" of 60-Minute CEO by Dick Cross
Taking calculated risks is a vital component of successful leadership. It involves carefully evaluating potential opportunities and potential pitfalls before making a decision. Effective leaders understand that growth and innovation often require stepping outside of one's comfort zone and embracing uncertainty. By taking calculated risks, leaders can position their organizations for long-term success and competitive advantage. However, the key word here is "calculated." This means that leaders should not take risks blindly or impulsively. Instead, they should conduct thorough research, weigh the potential outcomes, and consider all relevant factors before making a decision. This strategic approach helps minimize the pote...
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