“Life is about risk. It’s important to take risks. Just don’t be reckless.” – Richard Holbrooke, HBO Documentary, The Diplomat
I grabbed this gem as my last four years in banking could easily be summarized by saying, “We didn’t take a lot of risks. In fact, they beat the risk out of us.” How do you run an innovative and agile organization without risk? Not easily.
Some organizations get this. Many do not. It’s an important to be risk adverse, but not risk intolerant. Just don’t be reckless.