Pontish Yeramyan is the CEO and founder of Gap International, a global management consulting company, whose purpose is transforming organizations, transforming the world. In partnership with senior organizational leaders, she is redefining the 21st-century organization, bringing purpose, passion for growth, relentless innovation, customer oneness, and breakthrough performance environments to these entities.
If you want anything other than status quo, the freedom to risk is essential. Executives who lead outside the status quo create new market engagement, valuable innovation, stronger customer relationships and above-industry growth. Conversely, risk aversion can impact the bottom line in striking ways. A Duke University Fuqua School of Business study found that companies spend more to compensate a risk-averse CEO through incentive plans.