The policy of being too cautious

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?

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