The policy of being too cautious

Paper details PART 1: The policy of being too cautious is the greatest risk of all. Jawaharlal Nehru (1889 - 1964) There are risks and costs to a program of action. But they are far less than the long-range risks and costs of comfortable inaction. John F. Kennedy (1917 - 1963) Never put yourself in a position that will put yourself at risk if you make the wrong decision. We spent cash on everything. It's fashionable to make 'bet the company' decisions, but don't do it. Joel Spolsky, Sink or Swim, SXSW 2006 Progress always involves risk; you can't steal second base and keep your foot on first base. Frederick Wilcox These are four views of risk. Do you agree with any of these ideas about risk? Which one(s)? How would you define your feelings about risk? Are you willing to take greater or lesser risks depending upon what role you are playing at the time? THE RESPONSE SHOULD BE AT LEAST 250 WORDS. PART 2: "If the people who make the decisions are the people who will also bear the consequences of those decisions, perhaps better decisions will result." John Abrams, The Company We Keep: Reinventing Small Business for People, Community and Place We have all suffered the effects of poor decision-making by a boss. Often the bad decision was made in haste or without regard to the impact, it would have on those who had to live with the decision. What is one of the worst decisions you have had to deal with in the work environment? What was the short-term impact? What was the long-term impact?