Read article: Radical Risk Management – Horst Simon
Why This Matters: Most people think that risk management is all about tools – tools to solve risk management problems and make risk decisions. It should be remembered that people solve problems and make decisions.
Another important element is culture. There is an important quote that says that culture will always trump strategy. Culture is all about context and people. This could also be said that people will trump strategy.
Project Question: What do you think of this article and relate your comments to your project.
This article is about radical risk management and the importance of culture and people. Critical read.
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