Really Important Musings
And now some final thoughts, mini-musings that are really important.
Risk or Gamble
Was it National Public Radio or some article somewhere? I don’t remember where, but I do remember what: There’s a difference between a risk and a gamble; a really big difference.
A risk is something you can back out of.
A gamble … no way out.
The military talks about risks and gambles regularly.
But how can we apply risks and gambles to the operation of the nonprofit/NGO sector? What is the application in your organization? How might we apply risks or gambles to strategic planning and decision-making?
Taking Risks—and Failing
Gambles are bad. Risks are good if you can extricate yourself without too much damage. ...