Coping strategy: Difference between revisions

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(Created page with "{{a|gsv|}}A means of dealing with a risk, situation or unwanted outcome. These fall into a few categories: *'''Risk management''': Practical things you can do each day to mini...")
 
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*'''Exoneration''': means by which you, personally, avoid being blamed for things that did happen and were catastrophic. Disclaimers, disclosures, weasel wording.
*'''Exoneration''': means by which you, personally, avoid being blamed for things that did happen and were catastrophic. Disclaimers, disclosures, weasel wording.


The cost of these is inversely proportional to their usefulness.
The running cost of exercising coping strategies is inversely proportional to their usefulness. Hiring expert managers to monitor and avoid risk is a full-time, up-front cost. Limits and enforcement tend to be costly to implement. Exoneration costs nothing day-to-day until after the fact, at which point it is both useless and ineffective. If the loss threshold is high enough, you ''will'' get fired.

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