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characteristics, risk and reward for enterprise - Coggle Diagram
characteristics, risk and reward for enterprise
rewards for risk taking
financial
Financial rewards are a proven employee motivator. With some financial rewards, like one's salary or commission, the employee sees an immediate correlation between helping the company meets its goals and the positive impact it has on his or her paycheck.
resilience
Builds resilience. Taking risks can also help you learn how to handle adverse outcomes and setbacks, making you more resilient in the face of adversity.
confidence
With each new challenge and risk, you'll become convinced of your own ability to handle evolving circumstances.
New skills
Taking risks helps you grow, and in the process, you naturally develop better leadership skills.
credibility risks
Credibility risk refers to the risk that an entrepreneur faces when putting out a new product or service in the market.
pride and accomplishment
Business rewards may include: profit; satisfaction and a sense of achievement from building something new; being able to build a successful business;
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