HOW TO TAKE RISKS WHEN UNCERTAINTY IS EVERYWHERE
What we’re suggesting is that you reflect on and communicate how you feel about risk. Creating your own personal and organizational approach to risk will help you become aware of the biases and assumptions that lurk beneath the surface. George Day and Paul Shoemaker describe this as “vigilance.” They maintain that a vigilant leader has a heightened state of awareness of threats and opportunities even with limited information. In a study of 119 global companies, they identified vigilance of the leadership as the most important driver of “organizational peripheral vision” or the ability to see around corners and into the future to anticipate what could happen. The scope of your vision and scanning ...
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