Why You Have to Take Risk to Mitigate Risk - S7 E24
Takeaways
- Avoiding risk can be riskier than taking it.
- Blue ocean strategies focus on risk mitigation.
- Red oceans are characterized by fierce competition.
- Incremental change can lead to blue ocean opportunities.
- Organizational culture affects the transition to blue oceans.
📖 Buy "Blue Ocean Strategy" by W. Chan Kim | Renee Mauborgne
Suggested Content
Chapter Markers:
00:00 - Understanding Risk in Leadership
03:08 - Red Ocean vs. Blue Ocean Strategies
06:01 - The Importance of Incremental Change
09:13 - Navigating Uncertainty and Future Risks
Activity