Tag Archives: Risk Mitigation

‘Trying’ may be ‘Doing’: so take care.

An athlete, in developing their skills will repeatedly ‘try’ various manoeuvres or activities until such time as either they master them, in which case they are ‘done’, or acknowledge that they are beyond their capacity to succeed. A diver will … Continue reading

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Enterprise Architecture – Managing Risk

Engaging in business activity always has  associated with it some element of risk. Embedded in each risk is a probability that some threat, damage, injury, liability, loss or other negative business effect, caused by external or internal factors, may occur. … Continue reading

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Managing Risk

Managing risk is absolutely essential if you wish to optimise the benefit of a business initiative. That there will be risks is unavoidable. Identified risks can be managed through either avoidance or mitigation. With risk avoidance, activities are undertaken in … Continue reading

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Risk management and asking “What if?

It is not reasonable to expect that we can absolutely know everything about those things that can affect anything we undertake to do, there are always elements of risk that we need to consider. A farmer plants a crop at a particular … Continue reading

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