In business, as in life, the safest thing to do is often nothing. If you don’t take a chance, you can usually avoid the dangers that could befall those who do venture outside the norm and propose new businesses, new products or otherwise embrace risk in the pursuit of reward. What cannot be overlooked in the equation, though, is that risk can differ based upon how vested you are in the cost of undertaking it.
The highest honor given annually to a business faculty member active in the Christian Business Faculty Association (CBFA) is the Richard C. Chewning Award. The 2012 award recipient Dr. Kent Saunders, professor of finance and economics at the Falls School of Business at Anderson University, was presented the award at the closing banquet of the CBFA conference at Trinity Western University in Vancouver on June 28.
The most time-consuming voice message of all has to be the video store reporting that our house has “an item overdue.” In this cryptic communication left on the answering machine, they never verbalize what that item is, how long it has been overdue, or which person checked it out.