Cultivating a Healthy Appetite for Risk
How to create a risk-friendly culture.
Publisher: Harvard Management Update, février 2008
Date of publication: 2008
Summary
Fundamental innovation and strategic renewal cannot happen without taking some risks. Encouraging risk-taking is thus essential to avoid organizational paralysis. This article underlines the central role of managers in this respect, specifically to instill a context in which individuals feel free to express their ideas, but also to help their subordinates learn from failures that may occur.
Synopsis
This article is one of the sources used in Manageris’ synopses: