Management Kills Profit

Premise A: The primary purpose of business management is to reduce uncertainty about the future - making outcomes more predicable by reducing risk.

Premise B: Profits in business come from taking risks.

I can't help but wonder if this means that management, in the long run, kills profit.

Help me understand how A is in alignment with B?

Ed Kless

Ed Kless joined Sage in July of 2003 and is currently the senior director of partner development and strategy.

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http://edkless.com
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Rethinking Peter Block’s Questions