A Quote by Anna Bligh

Take risks in order to innovate — © Anna Bligh
Take risks in order to innovate
In order for people to be happy, sometimes they have to take risks. It's true these risks can put them in danger of being hurt.
There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.
If designers are willing to take risks, I think buyers should take risks, as well with press taking risks.
Be willing to take some risks in the areas of work and money. If we do only what we think we should do in order to make money and be secure, we won't listen to the intuitive voice that tells us to try something new, to be more creative, or to move on to the next step on our path. When we listen to our intuition and take some risks, we are not alone. The universe will support us and reward us for taking risks on its behalf!
The thing I preach constantly is do your research; build your knowledge base. Don't just go into business on a whim or a prayer - and don't think 'I'm an entrepreneur so I have to take risks'. Entrepreneurs don't take risks. They take calculated risks; only the good ones.
The trick is to take risks and be paid for taking those risks, but to take a diversified basket of risks in a portfolio.
The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.
In order to do something really good, you have to take risks - that's what I do.
In order to do anything worthwhile, one must take calculated risks.
When large companies take on risk, then they impose risks on the rest of the system. And these are systemic risks and these systemic risks we never used to think were really that important, but as soon as we recognize how the financial sector - the risks the financial sector takes on can impact the entire global economy, we realize that those risks needed to be controlled for the social good.
You need the confidence to fail in order to take risks in your work
In order to win, each player has to be willing to put the team ahead of themselves. They have to set their own interests aside so the team can succeed, and they have to take incredible risks in order to score a win.
At Harman, we had to reinvent ourselves so that we can compete on a global playing field. We did it by instituting a culture where teams can take calculated risks. But to inspire such a shift in mindset requires meaningful rewards across the ranks and freedom to experiment and innovate. I like to think of it as our courage culture.
From my perspective, as an entrepreneur, one is wired to take risks. You, of course, need to be smart and take calculated risks, and then do all you can to make it worth the risk.
Where you innovate, how you innovate, and what you innovate are design problems.
If you take no risks, you will suffer no defeats. But if you take no risks, you win no victories.
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