Innovation and Risk Entrepreneurship

Most corporations have a significant misconception regarding the subject of risk management. Typically, it is seen as a necessary (or mandated) but boring chore that must be performed. And it is often viewed as yet another method of bureaucratic over-management that serves only to keep the organization from achieving its objectives. The reality, however, is much different.

In his keynote presentation, Cutter Consortium Fellow and risk management expert Bob Charette explains the philosophy of risk entrepreneurship - risk management as played by the pros. Risk Entrepreneurship is not for the faint of heart. In its purest form, risk entrepreneurship is little more than controlled organizational aggression.
 
even for the brave-of-heart, the reality of risk that comes with that leap -- when the last paycheck is left behind and life is reduced to a single do-or-die mission -- hits like ice water
 
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