Abraham Maslow argued that human beings cannot pursue love and belonging if they are starving, and cannot chase self-actualization if they don’t feel safe. He argued that needs are hierarchical, and skipping layers doesn’t make you more evolved — it makes you unstable. Does the same logic apply to risk managers? Most organizations hire risk… Continue reading Maslow’s Pyramid: Risk Management Edition
Tag: risk management skills
Stop avoiding the risk quantification elephant in the room
In a profession dedicated to identifying and managing uncertainty, there exists a puzzling contradiction: many managers actively avoid quantifying the very risks they’re tasked with. You probably know risk managers like that, we all do. While quantitative risk analysis forms the foundation of effective decision-making under uncertainty (see any textbook on decision science), it remains… Continue reading Stop avoiding the risk quantification elephant in the room
