21-12-2018, 10:36 PM
71
Re: Why are people so surprised?
Originally Posted by itsme
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The first question when carrying out a RISK ASSESSMENT is DO YOU HAVE TO DO IT? If the answer is YES then one has to assess the risk and put in place control measures to eliminate or reduce that risk.We not only do not have to do it, neither, with the lack of planning have we tried to eliminate or reduce the risks.
Perhaps further management courses will bring in that concept for you.
The answer is always yes
21-12-2018, 11:48 PM
72
Re: Why are people so surprised?
Originally Posted by Solasch
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Perhaps I am seeing things, but did brexiteers on this forum get more xenophobic in these past weeks?
22-12-2018, 01:56 AM
74
Re: Why are people so surprised?
Originally Posted by Moscow
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It is always yes!Every action has to be dynamically assessed every time it is undertaken , even if risk assessed previously.
risk is characterized by two quantities:
1. the magnitude (severity) of the possible adverse consequence(s),
2. and the likelihood (probability) of occurrence of each consequence.
If the risk is too big, you don't take it. When the chance that brexit goes wrong is smal, and the negative magnitude is very large. So then the risk is high, and you don't take it, unless you are irresponsible.
22-12-2018, 11:22 AM
76
Re: Why are people so surprised?
Originally Posted by Solasch
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Very well said.risk is characterized by two quantities:
1. the magnitude (severity) of the possible adverse consequence(s),
2. and the likelihood (probability) of occurrence of each consequence.
If the risk is too big, you don't take it. When the chance that brexit goes wrong is smal, and the negative magnitude is very large. So then the risk is high, and you don't take it, unless you are irresponsible.
Just the same as in the UK Brexit.
Many of those boardrooms, on the high street, are now gone!
Take no risks - stay stuck under the massive EU roadblock.
Take some well researched risks - prosper.
22-12-2018, 01:14 PM
77
Re: Why are people so surprised?
Originally Posted by Tedc
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There will always be somebody, in the boardroom, maybe, who says that the risk is too high.Just the same as in the UK Brexit.
Many of those boardrooms, on the high street, are now gone!
Take no risks - stay stuck under the massive EU roadblock.
Take some well researched risks - prosper.
All you lot talk about is pie in the sky.
22-12-2018, 04:38 PM
78
Re: Why are people so surprised?
Originally Posted by Purwell
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Nobody has researched any risks though have they?All you lot talk about is pie in the sky.
22-12-2018, 04:44 PM
79
Re: Why are people so surprised?
Originally Posted by Bread
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The answer is always yes
Unless there is a lack of thought process which seems to be the case with brexit.
22-12-2018, 09:09 PM
80
Re: Why are people so surprised?
Originally Posted by itsme
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It is not possible for the answer to be always yes. Unless there is a lack of thought process which seems to be the case with brexit.
The answer is ALWAYS yes.
You got it wrong and you are embarassed.
We feel for you..............We really do !
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