Risk Management and Performance
Consider the following questions:
To what extent does your organisation, or an organisation you know, have an approach to risk that provides strategic value and improves performance?
What actions do you think the organisation could take to improve its approach?
According to Anthony (2010), complexity, sudden shifts in the source of competition and international competitors are the �new norms� of perpetual change and uncertainty which confront leaders. He suggests that providing leaders with �smaller ambiguous challenges�, rather than large assignments, will help them to acquire the competencies needed to deal with the uncertainties that they will increasingly face as they progress in their careers.
How do you think leaders can best acquire the competencies they need to reduce and manage ambiguity?