Balancing diverse perspectives allows me to make calculated, confident decisions in uncertain business environments. I rely on these guiding principles: From India experiences : I embrace Jugaad, the spirit of innovation amidst constraints, finding creative solutions in uncertain scenarios. From Austria experiences : I take inspiration from the focus on sustainability, weighing long-term benefits over short-term gains.

When presented with a high-reward, high-risk opportunity, start by conducting a thorough risk assessment. Identify financial, operational, and market risks. Analyze the potential rewards, such as profitability or market growth, and ensure they align with the company’s long-term goals. Consult with stakeholders to gather diverse perspectives, and evaluate your team’s capacity to handle the risks. If the rewards outweigh the risks and you have a strong mitigation plan, consider taking the leap. However, remain flexible to adjust strategies as needed.

To decide on a high-reward, high-risk business opportunity, start by assessing the potential rewards against the risks involved. Gather input from trusted advisors and analyze market conditions and competition. Consider your current capabilities and how the opportunity aligns with your long-term goals. If the benefits outweigh the risks, develop a plan with contingency strategies to mitigate downsides. Trust your instincts while ensuring you have a solid foundation of information to support your decision.

The first step is to assess how well you understand the market. In order to take a high risk, it is essential to know the ecosystem, the market, the competitors, the customers - and to know if you have the necessary structure (human, financial, technological resources, etc.) to take these risks. If necessary, consult experts to strengthen your conviction. It is important to set clear expectations with stakeholders and to define a stop-loss before starting the project, i.e. a limit to losses if the project risks become reality and affect the project's outcome. It is essential to identify key risks and mitigation options, and to use an effective project management methodology to continuously measure progress, gains and losses.

Evaluate the potential rewards against the risks by gathering data and assessing long-term impact. Consider alignment with your business goals and whether your team has the capacity to manage the risks. Seek input from trusted advisors, but trust your instincts too. Sometimes, taking the leap is necessary for growth—but only if the reward justifies the risk and you have a solid plan to mitigate potential downsides.