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Taking Smart Risks: Act Fast Learn Fast (part 7 of 9)
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An excerpt from Doug Sundheim's Taking Smart Risks seminar
In his groundbreaking book, TAKING SMART RISKS: How Sharp Leaders Win When Stakes Are High (McGraw Hill; January 4, 2013), Fortune 500 leadership expert, Doug Sundheim challenges and redefines what it means to take a risk.
Smart risk-taking involves passion, planning, active learning, communication, and the ability to embrace and reward the inevitable small failures along the way. The application of Sundheim's smart risk paradigm can transform businesses and personal lives. Counter-intuitively, we can gain more control by taking smart risks.
Taking Smart Risks reveals the secrets to discovering, planning for, and acting upon the kind of risks that will move your company forward and ahead of the competition. Learn how to:
* Find Something Worth Fighting For--What do you care enough about to risk time, energy, and money to try to make happen? Determining this is half the battle.
* See the Future Now--Clarify your big idea in terms of real objectives, plans, and intended results.
* Act Fast, Learn Fast--Make your move quickly, but be sure you don't squander valuable resources in the process.
* Communicate Powerfully--Assume communication will break down at points, plan accordingly--and don't shy away from the tough conversations.
* Create a Smart Risk Culture-- Build teams that share the same mindsets and values about expected smart risk behavior.