Risk-taking in business refers to identifying the potential hazards that come in the way and choosing an out-of-the-box solution to deal with critical situations. It is the act of making decisions where there are potential chances of failure and ambiguity that might decrease/increase the probability of success. When one takes risks, it helps them push beyond boundaries and achieve a healthy goal.
This behaviors at the workplace enable them to be innovative, identify and assess the probability of failures or success of a decision, and help them be more resilient and confident in their work. Developing a practice of assessing the risk and calculating the upside consequences of change is important before diving into any conclusion. There might be negative consequences of risk-taking like having an impact on health and relationships.
In this training program, participants will be able to identify risk-taking behaviors, analyze the possible benefits and challenges in critical situations, and learn to deal with them by adopting different tools and strategies learned in the session.