In any organization, there is never a question as to whether we should take risks. In order to grow and develop or in order to maintain our present position we must make decisions and take action to make some change that makes something happen. We cannot avoid risks. Avoiding risks is like not making a decision to handle some situation, the lack of a decision is a decision we have no control over. The same is true with risk taking. There are small risks, there are great risks and there are life or death risks.

As managers of managers who have responsibility for the health and stability of an organization and the people employed in it we have to know how to take reasonable risks. How the executive handles the risk affects one’s career professional and personal growth.