Monday, March 26, 2018

Boldness and Risk

The "Pre-Invasion of Russia" Napoleon

A superficial assessment of bold decision makers could lead one to conclude that their boldness carries a certain magic and that, once they decide, marvelous things just seem to follow in their wake.

The bold decision makers who are successful over the long term, however, are far from reckless. They do their homework and are very interested in actions that can reduce the amount of risk. In that respect, the less successful leaders are far "bolder" because they plunge ahead without completing the necessary groundwork.

Successful leaders who are bold would call the "plungers" irresponsible and reckless. They know there is a time to act and a time to set the stage for successful action.

They also know that patience is not cowardice or indecision.

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