Business Strategy And Operations
Strategic Risk-taking
Knowing When to Take Strategic Risks

Knowing When to Take Strategic Risks

Course Number:
Lesson Objectives

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.


Prerequisites: none

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