In reality, I'm pretty calculating when it comes to risk. Everyone runs a quick risk/reward assessment when deciding whether or not to move forward. The difference between a good risk and a bad risk isn't a risk/reward calculation; it's a risk/reward calculation about the right things.
Here is my grid (as far as I can understand it right now).
- What am I really trying to accomplish? (Purposeless risk is cavalier foolishness)
- Are there moral issues involved? (If staying "above reproach" is the risk, no reward is worth it)
- Is there a safer way that will achieve the same result? (Risk just for kicks is not in my play book. I played slot machines once and they took all my money. Lesson learned.)
- Who will bear the consequences? (I am much more likely to favor risk-taking where the risk is only to me or my reputation as opposed to a risk that could affect, say, my entire church's reputation)
- Can I/we execute this? (A poorly executed risk is a good way to look stupid and waste a great opportunity)
- Does this fit "us?" (Organ transplants are always risky, but if the organ is not a "match" they are always deadly. If a risk doesn't "match" the DNA of the organization or person shouldering the risk, it will kill you or the organization)
I may be missing a thing or two. Anything you could add?
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