RISK = EXPOSURE + UNCERTAINTY.
Some scholars (skeptics, really) see risk
as a purely human reaction that is not a part of
reality. They think risk is nothing but a figment
of the imagination.
But Realists recognize that business, by its
very nature, is a risk-taking activity. For every
decision a leader or employee makes, there exists the
very real possibility of negative consequences for the
organization. Of course, the possibility of many
consequences can be eliminated entirely by preventative
action, and some consequences are much less likely than
others, but on the whole risk DOES exist.
Our best bet, then, is to manage
risk not deny it. The Risk Management
Series is designed to help leaders at all levels learn
to recognize and manage risk by identifying
Respondable Risks, maximizing the mitigation of
inevitable System Risks and communicating clear
priorities that both make crises less likely AND provide
a clear course of action should a particular risk be
realized.
Series Objective:
To help mid-level and senior managers to develop and
apply a clear decision-making process for dealing with Risk in
their organizational environment.
Course Modules Include (but
are not limited to):
?
What is a Risk?
?
Leading in an Environment of Risk
?
The Four Respondable Risks
?
The Knowledge Priorities
?
Risk Assessments
? Rooting out Respondable Risk
?
The Daily Operating Priorities
