Risk taxonomy: Difference between revisions

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{{a|risk|
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[[File:Taxonomy.jpg|450px|frameless|center]]
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}}A fine occupation for the idle [[Mediocre lawyer|lawyer]]: Describing, and grouping in relation to each other, the entire catalog of risks that face your undertaking, as if unrealised legal hazards can be ranked, boxed and sorted like the phyla of butterflies, tits or thrush.  
}}A fine occupation for the idle risk manager: describing, and grouping in relation to each other, the entire catalog of risks that face your undertaking, as if unrealised hazards can be ranked, boxed and sorted like the phyla of butterflies, tits or thrush.  


This exercise can occupy as little — a breakout session on an away-day — or as much — the permanent task of a dedicated division in the department — of your firm's intellectual capacity as you have going spare: organisations that run to the bureaucratic<ref>''You'' know who you are.</ref> may become so swooned by this notion that they can find little time to do anything else. For how can one assess a risk without knowing from which family of what genus in what species it hails?
This exercise can occupy as little — a breakout session on an away-day — or as much — the permanent task of a dedicated division in the department — of your firm's intellectual capacity as you have going spare: organisations that run to the bureaucratic<ref>''You'' know who you are.</ref> may become so swooned by this notion that they can find little time to do anything else. For how can one assess a risk without knowing from which family of what genus in what species it hails?