Knowing When to Take Strategic Risks


Overview/Description
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description

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.



Expected Duration (hours)
0.4

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
  • Course Number:
    bs_arm01_a01_enus

    Expertise Level
    Everyone