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From keeping up with competition, product development to customer relations, financial recovery and office politics, lack of explored potential may bring your career down unforeseeably sooner.
Here are some tips to consider as you make a leap of faith building your career or business
Identify solutions
You need to identify solutions for possible negative outcomes of your decisions. Do not let negatives go unresolved. After all, if your choices could not bring you the desired outcome, there is always a lesson to take home.
Plan on long term basis
Your plan should be solid enough to create stability and allowance to put down the next step.
Be flexible
Always be willing to adopt the surprises that will come along. That way, your ideas will not be clouded or carried away in the process.
Put some money aside
You need to set some money aside so that you will have a soft landing when the plan fails to deliver
Run a pilot
Take the plan through a test and keenly observe the reviews. Seek constructive feedback without fear of people poking too many holes in your idea. Take time to address concerns before fully launching your plan.
The take away
Establishing a risk management culture will go a long way in making sure that you make calculated risks with anticipated challenges and outcomes.
You have to make a plan, identify hazards and risks involved. During implementation, constantly monitor and evaluate progress and take reviews and feedback seriously.
And above all, stay in control of the situation.
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