Draws on numerous examples of working managers in organizations such as Aetna, MCI, and NASA to explain and illustrate how to manage the risk-taking process from start to finish, while giving careful consideration to the pros and cons of each risk. Offers specific, practical tactics and provides easy-to-use instruments that will help managers set priorities and develop risk-taking strategies and skills.

Portraits of working managers in organizations such as Aetna, MCI, nad NASA illustrate how to manage the risk-taking process from start to finish.

GENE CALVERT is founder and president of Carpe Diem, a management consulting group based in Washington, D.C. He is a faculty member of the Institutes for Organization Management of the U.S. Chamber of Commerce and an associate professor of management at Johns Hopkins University.