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Why don't people plan for potential disasters? It's not a high enough priority for them. People might occasionally think about low likelihood, high impact even
by userium 7y ago
Why don't people plan for potential disasters?
It's not a high enough priority for them. People might occasionally think about low likelihood, high impact events. But they rarely make a detailed plan for how to reduce the risk.
"Risk management" is not just for projects and organizations. If you're a parent you probably do risk assessments (https://teamsuccess.io/risk https://teamsuccess.io/risk) every day, without realizing it. And ultimately, just like managers, you too as a parent, are ultimately responsible for managing risks. :)
- jefftk 7y ago(author) "It's not a high enough priority for them" doesn't get us very far. Why isn't it a high priority? The post has several guesses ("They don't think disasters are likely", "It's weird") and I'd be curious what you think?
- userium 7y agoIn companies, the biggest problem is their "risk culture". Some of these aspects apply also to individuals and families. In short, a company "Risk culture" is the sum of the company's "shared values, beliefs, knowledge, attitudes and understanding about risk, shared by a group of people with a common intended purpose..." (as described by the Institute of Risk Management).