Risk Can’t Be Avoided, But Risk Can Be Reduced

There’s no getting around it, everything involves some risk. It’s easy to be paralyzed into indecision and non-action when faced with risk. Smart leaders don’t avoid risk, they reduce it. Here’s how.

I don’t think of myself as much of a risk-taker, but I have taken a lot of risks.

For five years my family and I lived in post-911 Indonesia, the largest Muslim country in the world. The whole time, the United States has a non-essential travel warning in place. There were terrorist threats and bomb...