Calculated Risk Taking - Deepstash
Calculated Risk Taking

Calculated Risk Taking

Tech Giant Amazon, lists Bias for Action as one of its 14 leadership principles. Their mantra is to put words into action as quick as possible while taking calculated risks. The way Amazon describes it as follows “Speed matters in business. Many decisions and actions are reversible and do not need extensive study. We value calculated risk taking.” 

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deeroh25

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In life we come across many problems where our pace of decision making determines whether or not we would succeed. The reason we are unable to take the first step is because we feel hesitant.

The idea is part of this collection:

How To Give And Receive Constructive Criticism

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Understanding the importance of constructive criticism

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Calculated Risks

Playing safe is easy, as we live in a fear-based world. This attitude prevents us from growing, taking any risk and to really live our lives. Taking strategic, calculated risks ups your odds to reach next-level money.

  • Plan ahead and strategize, weighing your options and eval...

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