Posts Tagged risk management

What’s an Acceptable Level of Risk?

By Allen White Risk Taking the Guesswork out of groups allen white

Trying anything new involves a certain amount of risk. Some people jump into things haphazardly and take foolish risks. Others hold back and risk little or nothing. Sometimes no risk is riskier than the other options.

The bottom line is change causes a sense of loss. You’re saying goodbye to the way things used to be and welcoming something new, sometimes unproven. It’s risky business for sure.

If we risk too much on the wrong things, we ended up bankrupting the leadership credit we had in the bank. But, if we don’t risk any change, we are just burying our leadership “talents” in the ground, which really doesn’t help anyone.

The fear of every pastor is that change will alienate the base. If the stakeholders become upset, they might leave, or worse yet, they might stay but just stop giving. If the change alienates the base, reduces giving, and ultimately costs the pastor his job, then why  would anyone want to take a risk?

It’s possible to take risks that aren’t so risky. There’s a big difference between a strategic risk and reckless abandon. The approach makes a big difference.

How much risk are you comfortable with?

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