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Ten Ways to Encourage Risk Taking
Ten Ways to Encourage Risk Taking
December 17, 2002
* "Make decisions where action happens.
* Reward success based on risks.
* Allocate money to entrepreneurs.
* Low formality.
* Remove badges of offices.
* Remove rules.
* Respect learning.
* Have fun.
* Many cross-departmental projects.
* Trust your people (Clegg & Birch, 2000, p. 122)."
Reference: Clegg, B. & Birch, P. (2000). Imagination engineering. London: Prentice Hall.
How do you encourage risk taking?
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Created: 2008-12-13, Updated: 2009-01-06