Sunday, 23 September 2012

Your Risk Intelligence

To SME Owners

We all know there are risks in our businesses, so how do you approach risk.
Common since tells us that there are different levels of risk, these come about with every decision you make, sometimes we do not think of the risk level.It should be built into your DNA, if you want to understand, what is at risk, who is at risk, how to manage the risk.

The trick is your view on risk and how you mentally handle risk, from this you create certain stress levels.

So when you take risks ask yourself this,

- will this improve the value of the business,
- will this improve performance and results,
-will this provide better service to your clients,
-will the staff grow and learn quicker and better,
(to name a few areas)

Plus, what are the downside, there are always downsides, so be realistic, yes we all want to be positive, know one whats to think of the downsides!
The winners take "Intelligent" risks, tie this up with your Emotional IQ.

Till next time may the Force be with you,I am your silent partner helping you work on your business.

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