A risk management philosophy rewards planningA risk taking philosophy rewards, or punishes, ACTION
Nick, I'm not sure I would agree with you. I think if you have an philosophy that promotes risk taking than you value action and results. A risk aversion philosophy, however, values and rewards inaction.
A Risk taking philosophy basically says I will cya if things go wrong. I tell that to all my librarians.
IMHO, a risk management philosophy isn't management. It is an excuse.
Commitment and determination fuel Hauer’s service to libraries. She maintains, “All things are possible---you just have to figure out a way to get there and that may take flexibility and creativity.” She also knows the importance of taking certain risks in meeting goals when she states, “Being creative in implementing a vision for the future means taking certain risks. Taking risks means one may fail. Having the courage to risk failure is what effects change.”
Yes, yes! I see this (I think we all do, way too much) when it comes to the risk mgt part...the risk taking part...that's what I want to see more of! Daring...dreaming...doing...ACTION!T
@JeffTrue risk-taking should involve little, if any, CYA.
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