I was just reading an article from HBR by Bill Taylor which refered to a paper published 25 years ago by Peter Dickson and Joseph Giglierano. They argued that Executives and Entrepreneurs face two very different sort of risks.
Executives fear to make wrong moves that will lead them to failure, which they call "sinking the boat", while Entrepreneurs are afraid of missing to opportunity to make a decision that would have led to success. They call this the risk of "missing the boat."
The author of the article contempts that of course people are more afraid of "sinking a boat" rather than "missing a boat", which is the reason why companies are very conservative during crisis.
But on the other hand when there is a crisis, there is also an opportunity
Read the original blog post here
