Golf holds profound lessons for the corporate environment. Both realms demand meticulous strategy and a keen understanding of risk management. Drawing from personal experience, it’s evident at an elite level that most players possess comparable skill sets. However, the difference between good and great is the ability to effectively manage risk and minimize the range of error.
Great golf players excel not just because of their talent, but because they strategically navigate challenges, ensuring that their errors are less frequent and less costly. This nuanced understanding and application of risk management is what ultimately distinguishes them from their peers. Now let’s explore how the game of golf can illuminate strategic planning and risk-taking in business.
For tips about strategic positioning, knowing when to take risks, and risk management with Tiffany Roth, Manager in KPMG’s Advisory Practice and former TCU golfer, click on the latest in A. PUTNAM’s “Bridging the Gap” series.
