Observation and risk-taking as features of management.

Mikes smithen

Verified member
Observation and risk-taking are both important aspects of management. Observation involves paying attention to the details of a situation, gathering information, and using that information to make informed decisions. This is important for managers because it allows them to identify potential problems or opportunities and make decisions that will benefit the organization.

Risk-taking is also an important aspect of management, as managers are often required to make decisions that involve some level of uncertainty. This can include making investments, launching new products, or expanding into new markets. Risk-taking is important because it allows managers to take advantage of new opportunities and grow the organization. However, it's also important for managers to weigh the potential risks and rewards before making a decision, and to have a plan in place to mitigate any negative consequences.

In summary, managers need to be able to observe their surroundings and gather information, as well as take calculated risks in order to grow their organization.
 
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