Few things are certain in life: death, taxes and someone in the risk community asking about inherent and residual risks. In fact the question is so frequent that I even… Continue reading The better alternative to “inherent” and “residual” risk concepts
Tag: comprehensive risk management
Forget about risk management. Measure the likelihood of success instead. #ChangingRisk
My friend, Norman Marks, has been talking about rebranding risk management for years. Norman calls for risk professionals to focus on enabling success rather than avoiding failure. I think this… Continue reading Forget about risk management. Measure the likelihood of success instead. #ChangingRisk
Finally! An alternative to risk matrices
Ok, the title is obviously a joke, because the alternatives (multiple) have been available to anyone willing to learn for over 50 years. But since you clicked, this article will… Continue reading Finally! An alternative to risk matrices
