The Power of "Risktakes"
blog, Innovation, Leadership, Risk management | Comments Off
Your animated interaction in response to my post The Miracle of Making Mistakes delved deep into the subject, broadened the interpretation of a mistake, and even coined a delightful new term: Risktakes. Thank you Notmd, Dawna, Brett, and all the others, who provided terrific insights over the past four weeks.
A mistake is as an error in action or calculation caused by poor reasoning, carelessness, or insufficient knowledge. Risk is the exposure to the chance of injury or loss, the chance that the actual return might be different than the one expected. Thus, a risktake is ...