3 ways your attitude to risk might be holding back your strategy

  • In uncertain times, organisations often focus on their immediate challenges and let the long-term horizon fade further into the distance.
  • Bold strategic moves involve a decision to do things differently or a decision to do different things.
  • Ensure there is clarity about your shared, organisational risk appetite early on in your strategy conversations, so that your decision-making around risk can be built from this foundation.

How often do we start discussions about big issues hoping to find the answer, the solution, the absolute guarantee? Sometimes, when I’m working with an organisation, the overarching objective appears to be to find certainty — to find one decision they can make, or one action they can take, that will assure their future. How nice would that be?

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