DERISKING

​When failure is inevitable, politicians, policy-makers, executives, and leaders of organizations try to belittle their efforts so as not to appear a failure. That what they have done is a soft launch, an experiment, pilot, a test-case, so on and so forth.

This happens in so many situations where the first few efforts are being calibrated based on  a possibility of failure, not of success. De-risking becomes the favorite word these days.

But in the broader sense, de-risking is the other side of courageous work.

If you hedge against failure, you will instinctively become protective of what you have, therefore you will play not to lose. 

But if you play to win, derisking increases its value to you and what you're trying to accomplish. It creates more success conditions because you're aware of the possible traps and pitfalls but yet, moving forward with greater resolve. 

Derisking shouldn't be used if trying is not even an option.

If you want to derisk, why not just hide under the covers and wait for a better day, which is in my book, you may have to wait for a long time. 

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