Excessive risk-taking can have far-reaching impacts on an organization:
1. Financial Loss: Poorly calculated risks can result in substantial financial losses. 2. Reputation Damage: Failed ventures can tarnish an organization's reputation. 3. Employee Morale: Frequent high-stakes decisions can create a stressful work environment, affecting morale and productivity. 4. Strategic Misalignment: Overemphasis on risky ventures can divert resources from core business areas.