One area that does not receive much emphasis in risk management is the human factor. In risk assessments, risk events, likelihoods and consequences, vulnerabilities are the usual focus. People are viewed as ‘weak links’ in risk prevention, but what about risk mitigation? Your risk planning depends on people to respond when an event occurs. How good is their risk decision-making under stress? There is the weak link. Continue reading
#17 – RISK DECISIONS AND HUMAN NATURE – ED PERKINS
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