by admin | Aug 24, 2021 | Risk Management
I want to talk about dirty laundry. Why is it a secret? Dirty laundry is smelly, stained, and sometimes uncomfortable. And why is it uncomfortable to wear? Because something about it makes one feel ashamed. And that’s what I want to focus on here. When people think...
by Bethany Reed | Jul 3, 2021 | Risk Management
There are many examples in history that demonstrate key information never making it to the top executives, resulting in utter disaster. Perhaps most famous is the known issue with a part called the O-ring in space shuttle Challenger. Before the space vehicle’s launch...
by Bethany Reed | Jan 4, 2021 | Risk Management
Before we begin to describe what risk management is, we must first understand what risk is. Simply put, risk is an event that has a less than 1 probability of occurring, meaning that it is uncertain to occur. Although risk often connotes a potentially negative impact,...