As a leader, you should push your team to innovate more with less. When team members ask you for more money, push them to find a solution without using more capital. You’ll find that when people have no choice, they come up with amazing solutions.
Take small risks, instead of putting their company all on the line. It’s never a good long-term strategy to take huge risks that could end your company. Instead, as a leader you should look to take tiny risks to validate an idea before diving all in. That way, by the time you need to fire a cannon ball, you’ve mitigated as much risk as possible.” […]
Read full article via Why Great Leaders Are More Risk Averse Than You Think | Inc.com.
We invite you to work with us. Learn more.
Jim is president of InnoThink Group a competitive strategy and leadership management consulting firm. He has an absolute passion for people development and are constantly refining and adapting his programs in order to ensure that they have the maximum impact on those we serve. – See more at: http://innothinkgroup.com/our-leadership.html