Tag Archives: risk

Risk Exposure

I have travelled through Kabul recently and watch the driving which is a push your way in to a gap that your vehicle virtually fits, no second thought to the risk of damaging the vehicle itself. Then you watch the people who wander across the road in front of vehicles and do not seem phased by the closeness of the vehicles that pass. Sometimes this is families with children and been sitting in the road to beg, maybe this is a means to an end and a choice taken away and therefore their tolerance is increased. Is it the fact that they have lived through turmoil and that they do not perceive the risk in the same way as someone who is not exposed to these risks. Continue reading

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Risk Perception & Tolerance

Have you watched the home video clip shows? The likes of You’ve Been Framed? You can see no doubt clear as day people do silly things, take risks that you and I maybe would not; you of course maybe sat smiling thinking that you would or have. This led me to look into the topic of risk perception and tolerance to try and find what makes people tick Continue reading

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Upside risk?

Yesterday I saw a news report about BBC commissioning strategy that made me think again about it. The piece suggested the BBC should “take more risks”. The context was that playing safe in the commissioning of programs might not be the best thing to do, and some of the more groundbreaking programs of recent times have initially been programs the BBC was not 100% sure about for one reason or another. Is THIS “upside risk” I asked myself, and if it is, what are the practical implications when it comes to managing “upside risks”? Continue reading

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Definition of Risk

Why does ISO 9001:2015 define risk as the effect of uncertainty? Here are my reasons for saying it is just plain wrong Continue reading

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What is “risk”?

Too many people have no idea what “risk” actually means – let alone how risks can be mitigated or controlled. So let’s try and get to grips in this post with the fundamental principles Too risky … Risk is a … Continue reading

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