#13 – MUST KNOW RISK FACTS FOR QUALITY AND ALL PROFESSIONALS – GREG HUTCHINS

Greg Hutchins pixIn Against the Gods: The Remarkable Story of Risk, the author says the mastery of risk is the foundation of modern life and is what divides modern from ancient times.  By consciously or unconsciously calculating probabilities, quality professionals make intelligent decisions about business processes.[i]  First let’s look at a few definitions of risk. Continue reading