Tuesday, November 6, 2012

When is it time to stop calculating risk and reward, and just do what you know is right?

A really good question to ask yourself, but one that I really do not have an answer to.  Well, at least not yet that is...

It is always a good thing to cover your tracks and to calculate the risks and rewards of any decision you are about to make.  Part of being a good manager or an effective leader is to make calculated risks so that you do not end up worse off than you initially started.

We are always taught that every action has an equal and opposite re-action.  Therefore, if we just 'do what we know is right' without calculating the risks and rewards of that decision, the outcome may be one that is unfavourable or damaging.

Sometimes, however, it is good to just let go a little and to just do what you know is right.  Although the decision may not be calculated, one thing we should never ignore is our gut feeling.  Whenever your gut feeling is telling you to do something, you should just go with it - it is usually right!


The reason for this is that our gut feeling is not something that we can control, but rather something that is imbedded within us and can tell us whether something is good or bad.

My advice would be to always try and make calculated decisions and weigh up the risks versus rewards.  But when your gut feeling kicks in, don't ignore it, just do what you
know deep down is right and you will be A-Okay!

No comments:

Post a Comment