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  • Myth 5: Ganiban, Jerrold Derrel Dela Cruz, Blaise Andrew CE125/C1

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    Jerrold Ganiban
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    Successful organizations understand that change is inevitable and the greatest risk is avoiding change. Leaders must be aware of internal and external conditions to confidently react quickly to changes. Those who do not adapt to changing conditions will not survive. While change carries risks, inaction poses even greater risks of loss or lower returns. Thoughtful changes addressing real needs and providing long-term value are more likely to succeed than avoiding changes.

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    MYTH 5

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    Successful organizations understand that change is inevitable and the greatest risk is avoiding change. Leaders must be aware of internal and external conditions to confidently react quickly to changes. Those who do not adapt to changing conditions will not survive. While change carries risks, inaction poses even greater risks of loss or lower returns. Thoughtful changes addressing real needs and providing long-term value are more likely to succeed than avoiding changes.

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    15 views4 pages

    Myth 5: Ganiban, Jerrold Derrel Dela Cruz, Blaise Andrew CE125/C1

    Uploaded by

    Jerrold Ganiban
    Successful organizations understand that change is inevitable and the greatest risk is avoiding change. Leaders must be aware of internal and external conditions to confidently react quickly to changes. Those who do not adapt to changing conditions will not survive. While change carries risks, inaction poses even greater risks of loss or lower returns. Thoughtful changes addressing real needs and providing long-term value are more likely to succeed than avoiding changes.

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    © All Rights Reserved
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    MYTH 5

    Ganiban, Jerrold Derrel


    Dela Cruz, Blaise Andrew
    CE125/C1

    The riskiest thing you can do is take a risk.


    Although change may be risky, lack of change is riskier.
    Successful organizations realize that change is coming at them every
    day.
    Leaders within those organizations need to know what is happening
    internally and externally, and be ready to react quickly with
    confidence.
    Those who cannot or will not respond to changing conditions will not
    last.

    How can you win in a lottery if you will not bet?

    One definition of risk is the quantifiable likelihood of loss or lower


    than expected returns.
    Notice that a decision not to change has its own risks.
    Almost any action is better than none. It is even more likely to succeed
    if it is thought through, is based on real needs, and has clear
    organizational value in the long run.

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