ABSTRACT

Were you to start with a rating system in which the average person rates around 50% then it would be more balanced; and if you wanted to emphasize risk taking then you might start at the initial rating of 20% or less, thus encouraging people to try to increase their ratings by taking chances since there would be so little to lose if they failed and so much to gain if they succeeded. For risk taking in an organization you must encourage a reasonable degree of risk taking at the early stages, together with promotion, so finally some risk takers can emerge at the top.