Intelligent Risks Essay - 511 Words

Taking intelligent risks in life is very important because if the risk that you take is deemed intelligent, then you can only be benefiting. The risk you take has possible outcomes and they must be determined before you decide to take the risk or not. To determine the outcomes, you must make every outcome a possibility because in a risk, anything can happen. When taking an intelligent risk, you must also realize that it doesn’t have to be a drastic risk. Taking intelligent risks in life can be deemed intelligent if the positive outcomes overweigh the negative ones and should be taken. Taking intelligent risks are good for several reasons and they must be analyzed. When taking a risk, there are many things to consider. You should†¦show more content†¦A risk deemed foolish is when the possible outcomes are substantially not in your favor or interest. An intelligent risk is when you know and understand the severity of the risk and when the outcomes will be good and no h arm will be done. Risks in life are very important however, you must realize the importance of intelligent risks. Taking intelligent risks have very good consequences compared to taking a risk. There are many consequences for avoiding risks. If you are always avoiding risks, there are some values that you will not obtain such as you may overcome a fear of them. Also, when the time comes that you must take a risk, you could be unprepared because you haven’t had any experience. Taking intelligent risks outweigh the negative consequences of never taking a risk in several ways. This is true because an intelligent risk is backed by several reasons why you should take that risk. When you never take a risk, you are inexperienced and it will become difficult to cope with having to take a risk for the first time. Taking intelligent risks in life is very important to living better. When you take an intelligent risk, you can only enhance your style of living. If you have to take an int elligent risk, such as having surgery, it can save your life and help you enhance your life. You should never avoid risks and you should never always take risks, you have to know what risks are necessary. Risks in life will neverShow MoreRelatedSupply Chain Resilience: a Risk Intelligent Approach to Managing Global Supply Chains3458 Words   |  14 PagesSupply Chain Resilience: A Risk Intelligent approach to managing global supply chains Contents Contents 1 3 5 6 7 9 Preface A more complete view of supply chain risk? The four pillars of a resilient supply chain Resilience in action Building a resilient supply chain Ready. Set. Go. 9 Endnotes 10 Contacts 11 Nine fundamental principles of a Risk Intelligence program Preface This publication is the 25th whitepaper in Deloitte’s series on Risk Intelligence. 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