Innovative Leaders and Risk Management

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Questions and Answers

What is one behavior that demonstrates engagement and loyalty to company goals?

  • Evaluating current knowledge and skills (correct)
  • Forcing opinions onto others
  • Over-analyzing potential obstacles
  • Avoiding conflicts and differences of opinion

What behavior helps innovative leaders take advantage of new opportunities?

  • Over-analyzing potential obstacles
  • Anticipating potential obstacles before taking action (correct)
  • Avoiding conflicts and differences of opinion
  • Confronting risks and preparing to deal with reactions

What is a key factor in being assertive as a leader?

  • Avoiding conflicts and differences of opinion
  • Forcing opinions onto others
  • Confronting risks and preparing to deal with reactions
  • Sharing views without forcing them (correct)

What behavior demonstrates leadership qualities in innovative leaders?

<p>Recognizing and appreciating leadership qualities in others (C)</p> Signup and view all the answers

What type of learning environment should CEOs create to encourage the free flow of new knowledge and perspectives?

<p>A community that stimulates new thinking by examining mistakes as opportunities to learn (D)</p> Signup and view all the answers

What do innovative leaders do when potentially negative consequences are expected?

<p>Initiate reasonable action (D)</p> Signup and view all the answers

What should CEOs do to develop better risk management behaviors?

<p>Benchmark best practices and identify opportunities (A)</p> Signup and view all the answers

What is the recommended shift in approach for risk management?

<p>Shift towards getting started without knowing all the answers and adjusting as needed (B)</p> Signup and view all the answers

How did innovative leaders score in terms of demonstrating curiosity?

<p>They exhibited underlying curiosity and desire to know more (C)</p> Signup and view all the answers

What is the recommended way to avoid overthinking decisions?

<p>Stop and look at the downside risk of every decision (A)</p> Signup and view all the answers

What is one of the characteristics of innovative leaders in terms of risk management?

<p>Initiating reasonable action when potential negative consequences are expected (A)</p> Signup and view all the answers

What is a recommended behavior to develop better risk management behaviors?

<p>Document and plan for risks as part of developing strategic alternatives (D)</p> Signup and view all the answers

What is a characteristic behavior of innovative leaders in terms of demonstrating curiosity?

<p>Exhibiting underlying curiosity and desire to know more (B)</p> Signup and view all the answers

How do innovative leaders handle risks when they present themselves?

<p>They develop plans to minimize the risk and identify where it is needed most (B)</p> Signup and view all the answers

What should CEOs do to encourage the free flow of new knowledge and perspectives?

<p>Create a learning environment that fosters curiosity and new perspectives (C)</p> Signup and view all the answers

What demonstrates engagement and loyalty to company goals?

<p>Stimulating new thinking by examining mistakes (B)</p> Signup and view all the answers

What behavior helps innovative leaders take advantage of new opportunities?

<p>Avoiding over-analysis of potential obstacles (B)</p> Signup and view all the answers

What should CEOs do to develop better risk management behaviors?

<p>Identify and confront risks (A)</p> Signup and view all the answers

What is a key factor in being assertive as a leader?

<p>Sharing views without forcing them (C)</p> Signup and view all the answers

What type of learning environment should CEOs create to encourage the free flow of new knowledge and perspectives?

<p>Creating a community to encourage the free flow of knowledge (B)</p> Signup and view all the answers

What do innovative leaders do when potentially negative consequences are expected?

<p>Avoid over-analysis of potential obstacles (A)</p> Signup and view all the answers

What is one behavior that demonstrates leadership qualities in innovative leaders?

<p>Looking for win-win solutions and showing respect for others (C)</p> Signup and view all the answers

What is the recommended shift in approach for risk management?

<p>Seizing opportunities by avoiding over-analysis of potential obstacles (C)</p> Signup and view all the answers

How did innovative leaders score in terms of demonstrating curiosity?

<p>Pushing for personal performance and working independently (D)</p> Signup and view all the answers

What behavior demonstrates engagement and loyalty to company goals?

<p>Stimulating new thinking by examining mistakes (D)</p> Signup and view all the answers

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