3 ms·
I don't know if you are running your own business, but it's just so hard to take into account all kinds of possible risks. It's just impossible to work like tha
by koonsolo 7y ago
I don't know if you are running your own business, but it's just so hard to take into account all kinds of possible risks. It's just impossible to work like that. Most of the time you gamble which resources to put where. Else you end up in analysis paralysis.
- pbhjpbhj 7y agoWe're talking about very large businesses. Risk analysts should have been anticipating a pandemic given the several near-misses (Ebola, SARS, MERS, H1N1, ...) that we've had recently. If you're a large business that risk is going to be significant enough to consider. When I took family holiday insurance in early January, I had to check that pandemics were covered, and they were specifically mentioned. So I'd expect them to be a general part of risk analysis. A pandemic that's covered by insurance is a massive risk for an insurance company, so it's always going to be a paragraph in business insurance, I'd expect. Which should raise the question, "as this can't be insured against, for us, what's our contingency".