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{{a|risk| | {{a|risk|<youtube>https://youtu.be/zL6R0dKoqAQ</youtube>}} | ||
:''it was one of the twin pillars of global economics: the greed side. The other side is fear. '' | :''it was one of the twin pillars of global economics: the greed side. The other side is fear. '' | ||
::—Neil Innes, 2019 | ::—Neil Innes, 2019 | ||
{{risk|Risk}}s that create {{risk|fear}} in {{risk|individual}}s: | |||
*{{risk|Individual}} screwing up. | |||
*[[Known unknown]]s: remote but foreseeable contingencies coming about: the [[chicken licken]] scenario. | |||
legitimate {{risk|risk}}s that do ''not'' create {{risk|fear}} in {{risk|individual}}s:<br> | |||
*'''[[Unknown unknown]]s''': [[black swan]]s do not create fear. It is hard to blame an {{risk|individual}} for not anticipating something that, [[Q.E.D.]], could not be anticipated. | |||
*'''[[Emergent]] risks''': (this is in some respects a special case of an [[unknown unknown]]): risks that only arise at a level of abstraction beyond that for which the {{risk|individual}} is directly responsible or accountable. <br> | |||
*'''[[The fear of redundancy]]''': This one, we think, might be the biggest fear of all. | |||
{{sa}} | {{sa}} | ||
*[[Seven wastes of negotiation]] | *[[Seven wastes of negotiation]] | ||
Latest revision as of 14:13, 23 July 2021
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Risk Anatomy™
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- it was one of the twin pillars of global economics: the greed side. The other side is fear.
- —Neil Innes, 2019
Risks that create fear in individuals:
- Individual screwing up.
- Known unknowns: remote but foreseeable contingencies coming about: the chicken licken scenario.
legitimate risks that do not create fear in individuals:
- Unknown unknowns: black swans do not create fear. It is hard to blame an individual for not anticipating something that, Q.E.D., could not be anticipated.
- Emergent risks: (this is in some respects a special case of an unknown unknown): risks that only arise at a level of abstraction beyond that for which the individual is directly responsible or accountable.
- The fear of redundancy: This one, we think, might be the biggest fear of all.