Part one of term paper
The discovery of America by Christopher Columbus shows how organization leaders take risks. Columbus was confronted by complex situations and people challenged him to prove his theories. In 1492, C. started a journey that began as a crazy thought but became an historical change to the world. This journey and the antecedents can be extrapolat ...

Part two of term paper
... his goal. Organizations are faced with taking risks in stages to succeed just as Columbus took the risk to explore new lands. However this risk was taken on the basis of his knowledge of astronomy, geometry and cosmography. These basis or conditions are quite similar to the ones an organization has, such as the knowledge of its own products, competitors, barriers and the whole environment. To take risks one must be confident of the facts that take place in certain situations; therefore, the power to ...