Download now Free registration required
Mention "risk" and many hastily associate it with a negative conclusion. But its meaning, as pointed out by retired Navy Admiral Thomas E. Zelibor, is neutral. "It's typically defined as the combination of the probability of an event occurring and its consequences. "Risk decisions are a function of your character, ethics and moral foundation," he said. The admiral encouraged decision-making based on the elements under one's control. To attempt to make decisions based on details beyond one's control puts leaders in danger of basing decisions on perceptions rather than facts.
- Format: HTML
- Size: 0 KB