Successful organizations "know when to hold'em and know when to fold'em" - when to take calculated risks. The risk from all directions - strategic, economic, market, suppliers, customers, workforce, political, regulatory, technological, social and environmental - bombards organizations. Not all risks are equal; how do you determine which risks to take, ones to ignore, and which to mitigate? Review tips and techniques for identifying risks (and opportunities), evaluating their severity and mitigating strategies.