Challenge And Taking Risk Essay

2182 words - 9 pages

"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. People is the No.1 factor who can make life changed and more colorful. Challenge and searching for opportunities also mean taking risk and we need strong leaders to lead us on the right way of achieving thing which we were and are dreaming of or innovation we want to make. Leaders can be you, me or any ordinary people who dare to dream and have abilities to lead others to get extraordinary things done. A good leader doesn't mean that you have to be smart or genius but the courage to try new thing and experience challenges with the vision over the horizon of today. Challenge-taking, where the emanation of challenges is, what they bring to leaders and how leaders deal with them are discussing in this paper.Challenge of change:No one from the time of 1920's ever thought that household appliances nowadays can help women a lot from housework. Women are released from doing house stuff and concentrate on social activities more than women 80 years ago. It was a dream of the 80's women and this dream became reality as a consequence of innovation and creating new things. If people didn't pursue the dream they were carrying, the whole stuff that we have today would not be achieved. The same way in business, none of successful leaders were waiting for luck or fate to smile upon them. They had to struggle with difficulties and accept them as a fact and sometimes they were seeking for challenge. Challenge emanates from the dream of making life better and people want to make innovation for easing the way of living and in business also. These leaders show their willingness to take risks for the sake of changing the business environment, for instance, the challenge could be the shifts in their industries, the new demands of the marketplace, an innovative new products or setting-up a new business. To them, challenge has been perceived as motivation and performance level improving. They are always searching for the new opportunities, experimentations and changes. Even they know all these things also involve risk and failure, they still proceed anyway. And challenge could appear as a difficulty which business encounters in a period of time. For instance, the change in organizational culture of Chrysler (1994) made impressive results: overhead was cut by $4.2 billion in under 4 years, the stock prices has quadrupled, and the company reserved its slide into bankruptcy and became profitable. While in the early 1990s, Chrysler had terrible customer service and press relations, with a history of innovation but a present of...

Find Another Essay On Challenge and taking risk

Peer Influence on the Risk-Taking and the Effect on the Brain

1571 words - 6 pages in risk taking on three age groups; early adolescents, late adolescents and middle aged adults. The participants would participate in a computerized driving “chicken game” in which it would challenge the drivers to get as far around a track as possible while avoiding crashing into a randomized wall that may appear (Gardner & Steinberg, 2005). The computer would randomly choose if there were to be a single player game or a three-player game with

Risk Taking. Essay showing destinction between risk and self command

895 words - 4 pages In our lives, it is important to exercise self-command. However,we should not be so concerned with the future that we stifle the present.The question becomes what balance should we strike between self-commandand risks? What kinds of risks are acceptable or unacceptable? In thisessay, we will use two examples of risks to show the distinction betweenthe two and arrive at a conclusion as to the balance one should havebetween risk and self command


575 words - 2 pages physical boundaries. Skiing includes all of the right elements to produce a perfect sport; it provides challenge at multiple levels, involves differing levels of risk and provides variety in activities. Challenge plays an essential role in defining a sport; it provides the individual with the feeling of achievement in success. Skiing poses challenge even in its simplest foundations. Skiing on a poor quality hill, with icy snow and poor upkeep

Bill Gates personal development

1111 words - 4 pages here. Innovation and risk taking is what Bill Gates and his leadership in the business world is all about.Reviewing the literature on leadership reveals several styles, with one achieving the greatest success. This is the "charismatic leader." These leaders tend to have energy and determination that is imparted to their coworkers, a vision that is palpable when shared, an ability to both challenge and encourage others to seek excellence, and a

Drug Abuse of Hallucinogens

1667 words - 7 pages Challenge). When PCP became a street drug in the 1960s, it was known as causing bad reactions and not worth the risk (Teen Challenge). If the user of Psilocybin ingest a large dose, they may have panic attacks; long term effects are: flashbacks, impaired memory, tolerance, and psychiatric illness (Teen Challenge). Flashbacks are “of certain aspects of the drug experience without actually taking the drug,” (Pamf) and are unpredictable; likely to

Risk Management

2248 words - 9 pages . The authors find that companies with changing earnings and show bad share price performance are expected to begin an ERM program. In addition, they show that ERM is employed for motives further than fundamental risk management, including compensate CEO risk taking encouragement and looking for enhanced working performance. While ERM could be as one side of the control or corporate governor in the firms which they represent strategic systems

Sir Gawain and the Green Knight - AP English - Essay

908 words - 4 pages ” (347). Gawain’s honesty and loyalty was tested by the Green Knight after taking on a challenge in which he took on to abide the social code. In my opinion, I think Gawain has fared his challenge fairly well. While many people would have ignored the Green Knight’s request to return one year later, Gawain still felt obligated to fulfill his part of the challenge even though he knew the risk of getting his head decapitated with the axe. Shedd adds

Quality Projects Ltd Risk Management Plan

883 words - 4 pages , Dan and Mark Robert. The essentials of risk management. New York: McGraw-Hill Professional, 2006. Print. Frenkel, Michael, Hommel, Ulrich , Dufey, Gunter, and Rudolf Markus. Risk management: challenge and opportunity. Oklahoma: Springer, 2005. Print. Moeller, Robert. Brink’s modern internal auditing: a common body of knowledge. New York: John Wiley and Sons, 2009. Print.

meanings of resilience

1258 words - 6 pages risk field is well known. The complex challenge of safely managing large scale technological systems led, in the post-WWII years, to the development and application of the probabilistic techniques central to contemporary risk management. Originally developed for well-bounded mechanical systems, notably aircraft, spacecraft and nuclear power stations, more recently these numerical techniques have been extended to, for example, the ecological domain.4

Telemakhos maturation

894 words - 4 pages gains direction and guidance from Athena, fostering independence and confidence needed to take risks and face the challenge of transforming into an adult. Risk taking is an essential part of the process to adulthood as it encourages confidence and builds self-identity to take risks to prove one's manhood. Although Homer uses Telemakhos's journey as the idealized path for learning self-confidence and becoming a man, his birth and childhood were suboptimal as he had no fatherly direction. Telemakhos's circumstances are hardly ideal but embody a Greek boy overcoming the challenges of youth and succeeding in becoming a man.

Risk Mangement

1187 words - 5 pages managers with an extreme challenge, and the stakes of not reducing these risks are becoming increasingly higher. A risk manager must be able to asses and evaluate a plethora of risks on any given day and in any given circumstance; the risk managers in high-risk healthcare areas are no exception. In fact, these individuals are presented with a challenge of much higher caliper than those under ordinary health care circumstances. A few of these areas

Similar Essays

Risk Taking, Alcohol And Drug Use

1506 words - 6 pages “Risk Taking, Alcohol and Drug Use” As if adolescence isn't already a difficult time in many peoples life, the movement into adulthood is also a difficult and confusing time. The onset of stress amongst people can sometimes drive them into experimenting with ways that help reduce the stress; drug use, high alcohol consumption and risk taking being a prime example. In Janet Belsky’s “Experiencing the Lifespan,” after doing some research, she

Engaging In Injurious And Risk Taking Behaviour During Adolescence

1341 words - 6 pages . Meaning, they do not best know how to deal with these changes which makes them vulnerable to engage in risky behaviour. Risk can be defined as "the appraised likelihood of a negative outcome for behaviour" (Zuckerman, 1994, p. 124). Risk taking behaviours are "volitional, purposive, goal-oriented and carry potential for harm" (Lightfoot, 1997, p. 22). The likelihood and incidence of engaging in injurious and risk taking behaviour (such as

Risk Taking And The Effect It Has On Gambling

1718 words - 7 pages of facts that are necessary in writing a convincing argument. The last article, Why we Take Risks by Richard Conniff doesn't deal with the conventional monetary gambling that we have looked at previously. Conniff's article is more focused on the nature of risk-taking with regard to basic animalistic and human nature. He contends that an ordinary human being has a certain need to challenge themselves and to show their abilities to others

"Risk Taking Behaviour In Extreme Sports Skydiving, Bungee Jumping, Claiming A Mountain And Fighting “Mma”

1404 words - 6 pages , cliff jumping, or other dramatic exploits ( Risk taking is a behaviour taken by individuals or groups for excitements as well as to achieve specific goals and try a new experience. Risk taking behaviour can causes good and bad things for risk- takers. the good things in a risk taking behaviour is when people do it and get to the desire objective. bad things are going to be the effects that can be happened to the adventurous . who does a