[offshore_accordion][offshore_accordion_panel title=”Competency Definition” open=”yes”]This is the ability of taking thoughtful and calculative risks to achieve optimal returns such that maximum advantage of challenges and circumstances can be derived out of the uncertain and fluid business environment.[/offshore_accordion_panel][offshore_accordion_panel title=”Behavioural Indicators”]
Enjoys taking decisions where complete information is not available |
Does not get disappointed by failures |
Always learns from his mistakes |
Encourages a culture such that everyone takes ownership and takes calculated risks |
Does firefighting to cover up for risks taken and which does not pay off. |
Talks about this successes and failures to coach his juniors |
Collects appropriate and ample data from possible sources for analyzing opportunity and risk involved |
Continuously seeks newer opportunities and challenges in the business environment |
Initiates and supports implementation of new initiatives |
[/offshore_accordion_panel][offshore_accordion_panel title=”Scoring”]
Level 5 |
Consistently creates and implements thoughtful initiatives which enhance business products, services and processes. Takes personal risks by advocating strongly for implementation of change initiatives that will have a strong positive organizational impact. Before proposing or initiating new projects or plans, conducts research to support the ideas and verify their chances for success. Effectively weighs advantages and disadvantages before taking risks in an effort to maximize business outcomes. Initiates action to turn unexpected challenges into positive opportunities for the organization. |
Level 3 |
Supports implementation of initiatives that improve business products, services and processes which are undertaken by others. Recognizes employees for identifying opportunities to build the business by forging new alliances, or achieve other positive changes. Supports calculated risks taken by others to improve and better business results. |
Level 1 |
Resists implementation of initiatives and misses opportunities to enhance products, services and processes. Discourages or fails to acknowledge employee attempts to identify opportunities to achieve positive changes; seldom supports prudent risk taking. Seldom takes risks in an effort to maximize business outcomes. Rarely recognizes opportunities that could benefit the organization. |
[/offshore_accordion_panel][/offshore_accordion]