Tsunamis, oil spills, political turmoil, corporate frauds, terrorism, workplace accidents and health concerns such as pandemic flu, and contaminations are some threats that could affect your organisation and employees leading to disastrous impact on an organisation’s business profitability and even sustainability. Continue Reading…
Archives For Risk
“The Impact of RANDOMNESS in Success and Failure is severely UNDERRATED”
When the probability of a Catastrophic Risk to materialize is small.. Actually I mean very very small.. The event is theoretically possible but the probability of it happening is so small that it may not have happened before (at least in human recorded memory). In such a case, the tendency of most people and of the organizations employing them, will be simply to ignore these low probability / very high impact Risks.