Examlex
As a career development specialist with a large multinational corporation, Jose Diego speaks with young managers regularly about furthering their own leadership development. Patterned after what Jose Diego learned in his first management course, he gives them three pieces of advice for effective developmental experiences:1. First, instead of always taking the familiar path, try something that is a little uncomfortable and new for you.2. Second, think about what has been successful for you and what has not. Ask your peers, supervisors, colleagues, and customers for feedback to clarify what you need to improve or change.3. Finally, make sure you have a network of individuals who are willing to "talk you through" when things are tough.In his second piece of advice, Diego is referring to which of the following key components for effective developmental experiences?
Long Run
Refers to a period of time sufficient for all factors of production and costs to become adjustable, often used in economic analysis to predict future trends.
Risk-Taking
The act of undertaking actions or making decisions that involve the possibility of facing undesirable outcomes.
Entrepreneurship
The activity of setting up a business or businesses, taking on financial risks in the hope of profit, characterized by innovation, strategy, and risk-taking.
Work Teams
Groups of employees who collaborate closely to achieve shared goals or complete projects.
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