2 ms·

I can see how these people can confirm risks. But how to they falsify risks? And more importantly: How are they managing it? Is the the size of the supply heap

• jcims 5y ago
  It's tricky going from an engineering mindset to risk management. I still struggle with it and have been in the industry for a long time. You can't falsify risks and many of your inputs are going to be guesses based on an amalgam of experience, historical information, trends and available risk/threat models. Today there's all of these metrics available that give it the feel of an exact science, but its not. It's educated guesswork, but there's enough evidence showing it works that its worth substantially increasing the costs and friction of doing business to align with its outputs. Usually. In this case something arguably failed in the process. It's noteworthy but it's not an existential threat to Toyota. They will learn from it, someone's probably going to 'seek opportunities outside the firm' and they'll get back to making great products.