If the initial assessment of risk is not based on meaningful measures, the risk mitigation methods—even if they could have worked—are bound to address the wrong problems. If risk assessment is a failure, then the best case is that the risk management effort is simply a waste of time and money because decisions are ultimately unimproved. In the worst case, the erroneous conclusions lead the organization down a more dangerous path that it would probably not have otherwise taken.
“Impossible is just a big word thrown around my small men who find it easier to live in the world they’ve been given than to explore the power they have to change it. Impossible is not a fact. It’s an opinion. Impossible is not a declaration. It’s a dare. Impossible is potential. Impossible is temporary. Impossible is nothing.”
From the unstoppable, Muhamad Ali
“If you want to build a ship, don’t drum up the people to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea.”
Antoine De Saint-Exupery
Author of The Little Prince