Article
Are you embracing risk and leading confidently?
How to use risk to power performance
It’s not your imagination. Today’s business environment is faster-paced, and much less predictable, than those of decades past. To thrive in this era of uncertainty, business leaders must not only accept the reality of substantive, ongoing change, but also diligently work to enhance the agility of their organization.
Identifying, understanding, and mitigating risk is one way to position your business for success. But while external factors warrant significant attention, it’s also essential to address internal risks—particularly personal biases that can hinder organizational success.
How can you address this issue? The Deloitte paper 10 questions to embrace risk and lead with confidence is designed to help business leaders recognize the risks posed by personal biases, address them, and use them to power performance. It’s intended to help equip you to:
- Better anticipate how you can manage changes in the marketplace
- Identify risks resulting from your own personal biases
- Determine if you have the right information and the key stakeholders at the table to make high-stakes decisions
- Acquire risk-strategy skills that allow you to lead effectively
We invite you to download this position paper today. If you have any questions, contact us by filling out the form below.
Advance preparation can unlock opportunity
While unanticipated crises, industry disruption, or brand threats can spell danger to many companies, those prepared to respond proactively can actually benefit from risk—using it to spark improved performance and uncover opportunity for positive change.
Avoid the pitfalls of cognitive bias by tapping into diverse perspectives
To build resilience into their strategy, business leaders need a trusted advisor willing to play devil’s advocate. These contrarians should look for blind spots, offer alternative perspectives, and work to counteract organizational myopia.
