Friday, November 30, 2007

Risk is just another variable

It is impossible to avoid risk - this simple, obvious, truth is sometimes forgotten.

Risk is considered to be something inherently evil and which must be eliminated or avoided. Instead, the only way to deal with risk is to confront it, quantify it, and make contingencies for it.

Risk is just another variable that needs to be managed.

1 comment:

  1. Faraz Khalid11:48 AM

    being in the field of "risk management"... i couldn't agree more :)... well said!!!