How to Change a Culture to Encourage Risk Taking

Description

The old saying, greater the risk, greater the rewards has probably rung true for many of us in different stages and areas of life. However, still most people tend to avoid risks when possible, because they think that inaction is often safer than action. The belief is that taking a risk is “exposing oneself to the possibility of loss or injury in the hopes of achieving a gain or reward.” But the legendary boxer Muhammed Ali stated “He who is not courageous enough to take risks will accomplish nothing in life.” In this course, you will learn to mitigate risks and start taking calculated risks.

Aim

• Recognize the need for smart risk-taking and its 5 components
• Determine the strategies of smart risk-taking
•List the types of risk-taking cultures

Participant requirements

NA

Participant

New and mid level Managers

Training modules