Management & Technology
The Baldrige Excellence Framework contains several references to pursuing intelligent risks (Bailey, 2016). Nevertheless, many organizations do not systematically identify, assess, and pursue intelligent risks. The Intelligent Risk Equation: When Opportunities Outweigh Threats by Daryl V. Watkins and Valerie P. Denney examines the concept of positive risk as opportunity through a case study of a hypothetical university. The article maps the examples presented in the case study to key Baldrige terms to illustrate the systems nature of intelligent risk management.
Chronicle of Leadership and Management
Scholarly Commons Citation
Watkins, D., & Denney, V. (2020). The Intelligent Risk Equation: When Opportunities Outweigh Threats. Chronicle of Leadership and Management, 1(1). Retrieved from https://commons.erau.edu/publication/1857