Knowing When to Take Strategic Risks

Knowing When to Take Strategic Risks

• identify the types of business risk
• recognize examples of strategies for dealing with risk aversion
• identify the reasons risk-taking is necessary
• identify the steps of developing a risk plan
• recognize best practices to foster strategic risk-taking in an organization

Risk-taking can revolutionize business. Knowing when and how to take strategic risks precedes success. In this course, you'll learn to define strategic risk-taking, what holds individuals back, and how to make calculated leaps of faith.