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Challenge and taking risk

Date Submitted: 12/17/2004 08:05:25
Length: 8 pages (2205 words)
Views: 173132

"Failure is the mother of success" is an old saying in Eastern countries which means that people are encouraged to try and fall down for the first time of doing something extraordinary or even a normal thing. Mistakes you make today might be invaluable lessons for your success tomorrow. The world would stay the same unless people motivated themselves for new hopes and opportunities. The world could not change by itself without movement of people. …

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…make changes? No one denies that risk taking is bad but if a company is in the situation of stable and getting profitable, can any change help company making more profit while it is in fully use of capital and productivity? What would happen if the change could be a wrong move? Theory and practical experience still have a gap between. Challenge is really encouraged but leaders should be careful when applying it in reality.

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