Risk taking can be encouraged in an organization by:
A)seeking out projects that stand little chance of success.
B)avoiding the inclination to punish failure.
C)promotion of workers that are ill-equipped to lead projects.
D)demoting project managers that are too conservative.

Question

Quizplus · Accepted Answer

Avoiding the inclination to punish failure is the best choice to encourage risk taking in an organization. Punishing failure can create a risk-averse culture where employees are unlikely to take risks or innovate. Without risk-taking, an organization may fall behind competitors who innovate and try new things. However, it should be noted that seeking out projects that stand little chance of success or promoting ill-equipped workers to lead projects can lead to unnecessary risk and may not be beneficial for the organization in the long run. Demoting project managers that are too conservative may also create a punitive work environment and discourage risk-taking behavior.

Risk Taking Can Be Encouraged in an Organization By