Username: Save?
Password:
Home Forum Links Search Login Register*
    News: Keep The TechnoWorldInc.com Community Clean: Read Guidelines Here.
Recent Updates
[April 24, 2024, 11:48:22 AM]

[April 24, 2024, 11:48:22 AM]

[April 24, 2024, 11:48:22 AM]

[April 24, 2024, 11:48:22 AM]

[April 03, 2024, 06:11:00 PM]

[April 03, 2024, 06:11:00 PM]

[April 03, 2024, 06:11:00 PM]

[April 03, 2024, 06:11:00 PM]

[March 06, 2024, 02:45:27 PM]

[March 06, 2024, 02:45:27 PM]

[March 06, 2024, 02:45:27 PM]

[March 06, 2024, 02:45:27 PM]

[February 14, 2024, 02:00:39 PM]
Subscriptions
Get Latest Tech Updates For Free!
Resources
   Travelikers
   Funistan
   PrettyGalz
   Techlap
   FreeThemes
   Videsta
   Glamistan
   BachatMela
   GlamGalz
   Techzug
   Vidsage
   Funzug
   WorldHostInc
   Funfani
   FilmyMama
   Uploaded.Tech
   MegaPixelShop
   Netens
   Funotic
   FreeJobsInc
   FilesPark
Participate in the fastest growing Technical Encyclopedia! This website is 100% Free. Please register or login using the login box above if you have already registered. You will need to be logged in to reply, make new topics and to access all the areas. Registration is free! Click Here To Register.
+ Techno World Inc - The Best Technical Encyclopedia Online! » Forum » THE TECHNO CLUB [ TECHNOWORLDINC.COM ] » Techno Articles » Management
  Risk Taking, Risk Avoidance & Risk Management
Pages: [1]   Go Down
  Print  
Author Topic: Risk Taking, Risk Avoidance & Risk Management  (Read 553 times)
Daniel Franklin
TWI Hero
**********


Karma: 3
Offline Offline

Posts: 16647


View Profile Email
Risk Taking, Risk Avoidance & Risk Management
« Posted: November 08, 2007, 01:51:32 PM »


Only a few years ago my approach to business was very much along the lines of risk avoidance. I didn't want to take risk, not at all.
In the last few years I have spent more time than ever with risk takers. Talking and meeting with these people has been, and continues to be, extremely stimulating.

Through conversations I realised that, despite my previous perceptions, there was an ounce of entrepreneurship within me. In fact, not an ounce but a seed and like all seeds it needed nurturing to grow. I have been focussing on this ever since and channelling my energy and time toward this.
One key skill that I realised I have is that of risk management. Through avoiding risk for so long I have a great eye for identifying risks in the first place. What is different now is that I want to take risks.
Risk is stimulating and challenging. It breeds uncertainty which takes us back to challenges again. I see more and more that;
[a] taking risk is an absolute necessity in today's world. There are far too many people out there competing with you. They are not just in your geographic location, they are global.
taking risk can certainly reap rewards in much the same way that gambling can. Few people though want to gamble.
[c] the role of the Risk Manager will be key to all organisations from start-up to global. It's not the traditional risk manager role though. This is about the literal translation - managing risk. To be explicit, it means that you need to take risks and mitigate them where possible and monitor them closely where not.


For me there are few better environments to work in other than this. Let's take risks, let's move fast, let's get up quickly when we fall and not slip on the same banana skin for a second time.

We will all need to take risks in the future as we become more and more globalised. We'll work with people we haven't met before, in countries we've not been to. What I like immensely about this forthcoming change is how traditional project management and programme management - which I have been involved in for years - is going to change dramatically.
Management style will need to be far more innovative and creative as a direct result of your options for resourcing a project and delivering it become limitless. True project managers will need to have the fundamental skill of team building (search and selection if you prefer) and collaboration. Online communities will prevail, communities of practice, project level communities, client level communities etc etc.

I'm looking forward to working with Entrepreneurs and managing teams in this new environment greatly, not all will feel the same way.

Who am I? Why choose to work with me?

My background and experience is mainly project management within diverse environments such as large corporate financial institutions, medium-sized technology consultancies and smaller start-ups. Having held positions including Operations Director (COO) and Head of Process Management, I recently decided that the time is right to take a calculated risk and leave corporate life for good…the entrepreneurial side of my character is prevailing.

My focus is on becoming an “Un-natural Entrepreneur”. I want to work with people and companies that have vision. I can offer key values and skills to help bring your ideas to fruition. If you are a “starter”, then I am your “finisher”. My approach to a challenge is to clarify, understand, problem-solve, develop and deliver.

To take an idea or concept through from its inception to its execution requires a consultative approach - a partnership. I am a rational and pragmatic thinker and can work within an existing management structure, or create a new management team through my extensive network

Article Source: http://EzineArticles.com/?expert=Stuart_Oliver

Logged

Pages: [1]   Go Up
  Print  
 
Jump to:  

Copyright © 2006-2023 TechnoWorldInc.com. All Rights Reserved. Privacy Policy | Disclaimer
Page created in 0.083 seconds with 24 queries.