Taking a Massive Risk

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If you cut people now, you're a weaker company on the other side of this. Sally believed that breaking the social covenant might be even riskier for a business than keeping too many employees on the payroll. She knew that layoffs at the height of a pandemic went against her principles as a founder. So she leaned into those principles and they gave her the strength to accept a massive risk.

Taking risks can be the catalyst for immense scale or dire straits. Avoiding taking any risks at all leads to stagnancy and empowered competitors. The key is to know which risks are worth taking, and when and how to take them. This episode highlights the best conversations we’ve had recently about taking advantage of risk and how fortune favors the brave.

Featuring New Georgia Project’s Stacey Abrams, Care.com’s Sheila Lirio Marcelo, Bankable Productions & SMiZE Cream’s Tyra Banks, MetricStream’s Shellye Archambeau, Moderna’s Stéphane Bancel, Digital Undivided’s Kathryn Finney, Ellevest’s Sallie Krawcheck, and American Express’s Ken Chenault.

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