calculated risk

noun

calculated risk

noun
1

A risk that may be taken, in the absence of complete information, after careful consideration of the likelihood and impact of failure in comparison to the rewards of success.

  • To be a successful innovator a company will need to convince its employees to take some calculated risks.2005, Arnoud De Meyer, Sam Gargy, Inspire to Innovate: Management and Innovation in Asia, Springer, page 17:

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