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In the textbook reading for this module, the authors go into detail about the need for leaders to take risks in order for organizational change to occur. However, what is emphasized is the idea of a calculated risk, which is different from the everyday notion of risk. In your own words, share an example of an instance where you or a leader you followed took a calculated risk. Bring in leadership theory as it relates to your example.

Explain why you or your leader decided to take the risk.

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Operation Management, Management Studies

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