This video will describe the 20% rule: 80 percent of the time a leader should be focusing on the day-to-day operations, and 20% time on game-changing risk.
- It's hard to take risks because we fear the unknown.…Our minds run wild with questions like,…what will happen once I risk something?…If I take the risk and it doesn't…work out, what do I sacrifice?…How do I recover?…What happens if I don't take the risk?…Can I live with the regret, a missed opportunity,…the chance to define my relevance?…We feel vulnerable because we know…that we can either win big or lose it all.…
And sometimes that risk can direct…who we become, as a person.…It's just human nature.…We, as humans, are social animals.…We care about what other people think.…Even if we wish that weren't the case.…And every time we make a decision, we invite judgement.…Our possessions, our wealth, our friends…and family, our career, any of these…can take a hit if we're wrong.…But when we do take risks right, we might…just find something great on the other end.…
Not everyone is built with the temperment…to be a game-changing agent, and that's okay.…Every organization can't be entirely full of risk-takers.…Every organization needs those people…
Once you as a leader have figured out how and when to take risks, you can then build a culture that not only focuses on producing great work, but also on creating and executing a steady flow of ideas to improve every aspect of the organization. Watch this course to enhance the relevance and marketability of your business and your career.
- What is risk?
- What role does risk play in leadership?
- Assessing your risk-taking style
- Understanding your organization's risk tolerance
- Defining risk-takers
- Cultivating smart risk-taking behavior
- Modeling risk-taking leadership