Risk = Probability X Consequences. Really?
(image from http://www.impactlab.net) Probably the most frequently used definition of risk is this one: Risk = the Probability ofContinue Reading
Tag: risk management
Beyond Risk Management. What Are The Alternatives?
When facing large doses of uncertainty risk model-based methods of managing uncertainty don’t work. One thing is to manage anContinue Reading
Is Risk Management a Source of Risk
The deployment of risk management within a business can be a source of false assurance. Over recent years, businesses haveContinue Reading
