Risk In Rapid Change
In a fast-evolving world, the greatest risk is not taking any risks. Profitability is important for a company, but the primary focus should remain on adapting to change and continuous learning - Peter Thiel
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These insights from Mark on building successful companies make for a great coffee companion.
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Risk register
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Establish a catalogue of risks or a"risk register"
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Putting speed and innovation ahead of tried-and-tested business practices often makes leaders cautious. However, in a fast-changing world, the only strategy that is guaranteed to fail is not taking risks.
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“The biggest risk is not taking any risk. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.”
MARK ZUCKERBERG, CEO OF FACEBOOK
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