May 31: Risk

May 31
Risk

419.
Managers think of themselves as captains of a ship on a stormy sea. Risk for them is danger, but they are fighting it, very controlled.
~Daniel Kahneman (born March 5, 1934) is an Israeli-American psychologist and winner of the 2002 Nobel Memorial Prize in Economic Sciences. He is notable for his work on the psychology of judgment and decision-making, behavioral economics and hedonic psychology.

420.
My friends thought I was crazy, that I should wait until I was dead. But I was determined. It is easy to promise but action is different.
~Sakip Sabanci (1933–2004), Turkish tycoon and philanthropist.
421.
Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while.
~Jack Welch (born 1935), American chemical engineer, business executive, and author. He was Chairman and CEO of General Electric between 1981 and 2001. During his tenure at GE, the company’s value rose 4000%. In 2006 Welch’s net worth was estimated at $720 million.

Money Matters.05b