Risk & Reward

Risk & Reward

12.12.2018 CJU_admin Latest News

CJU are sharing this worthwhile article from our industry partner Steven Macarounas – Managing Editor, The Private Practice.

Identifying, quantifying and managing risk has become a big and important theme in The Private Practice mantra.

The climb up the mountain of success is fraught with danger, and if we don’t want our dreams and goals to be dashed on the rocks below, we should make sure we have done our homework, chosen the right route and have safety nets in place.

And yet…….

Is playing it safe all it’s cracked up to be?

Do we really get the most out of life by sticking to the ‘tried and true’? Is doing things the way they’ve always been done, going to yield anything exciting, revolutionary, disruptive, transformational?

Risk taking, need not be foolhardy or devoid of research and planning.

Risk taking can start with challenging the status quo – simply accepting that there could be should be, must be, a better way of doings things that better meets the needs of our patients, clients, colleagues, family and ourselves.

Follow this notion with action – structured experimentation with guidance and a framework for measurement, revision and re-setting.

But, at the heart of this kind of thinking remains ‘risk’ – the risk of failure, but also the risk of success.

Whilst slow and steady does win the race – where’s the fun in that? AND, what’s beyond the finish line?


“Most men either compromise or drop their greatest talents and start running after, what they perceive to be, a more reasonable success, and somewhere in between they end up with a discontented settlement. Safety is indeed stability, but it is not progression”.

Criss JamiKillosophy