Here's my approach: Quantify the risk. Put numbers to worst-case scenarios. Showcase the upside. Make the potential rewards crystal clear. Break it down. Slice the project into smaller, less daunting phases. Set clear abort criteria. Define when we'll pull the plug if things go south. Allocate resources for quick pivots. Show we can adapt fast. Lead from the front. Take on the riskiest parts yourself. Remember, innovation and risk go hand in hand. Our job isn't to avoid risk, but to manage it intelligently. If the team isn't a bit nervous, we're probably not pushing hard enough.

I would start by acknowledging their concerns and making sure they feel heard. Open communication is key, so I’d hold a meeting to discuss the risks and explain our risk management strategies. I’d also emphasize the potential benefits and outline contingency plans. Encouraging collaboration and input from the team would help build confidence in our approach and show that their expertise is valued.

Sometimes, the key to addressing risk isn't just transparency—it's reframing risk as opportunity. While acknowledging risks is important, don’t just list potential problems. Help your team see risk as the catalyst for growth. Elon Musk didn’t launch SpaceX because it was safe; he saw opportunity in the face of extreme risk. By reframing challenges as paths to innovation, you can motivate your team to see uncertainty as an asset, not a liability.

When my team feels uneasy about risks in a new project, here's how I will handle it: I’d start by listening to their worries and validating them. It’s important that the team knows their feelings are being heard and taken seriously. Next, I will break down the risks by providing clear information about the risks involved. I’d explain what we’ve already considered, what potential challenges we might face, and the steps we’ll take to mitigate them. Next, I’d shift the focus to the opportunities and potential benefits of the project. Finally, I will get the team involved in finding solutions. When they feel part of the risk management process, they’re more likely to buy into the project and feel confident moving forward.