In making a decision what would be the amount of risk a manager is willing to take?

I mean to ask how good a manager should be in judging and taking a decision and what would be the factors that affects the risk...as a corporate manager sometimes i fall in dilemma in making a decision

Answers:
This is going to sound crude, but I don't mean to be. At my last place of employment I was acting COO. I didn't make it that far by feeling insecure about making a decision. If you are unsure you think about it and sleep on it overnight and then decide. I have even gone so far as to do research before making a decision to make sure there will be no legal consequences. I have always made sure that any decision I made did not directly effect any particular person to avoid employee conflicts and employee morale issues. As a corporate manager you shouldn't be double guessing yourself in this manner. You may be looking at a termination some where down the line when your superiors realize you lack this very essential skill requirement. And for the record I was not fired. I had to leave due to illness and they have been gracious enough to allow me to work from home in a different capacity, but still management.

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