The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome.
Peter L. Bernstein – Risk Author

During COVID, we were all VUCANs(R). We all had to deal with Volatility, Uncertainty, Complexity, and Ambiguity. This implies each of us is inherently a risk manager. Why? Maybe, it’s hard wired into our DNA. Look at the ‘fight or flight’ syndrome our ancestors had to live and decide by. The very survivability of our species was defined by this simple risk-based conundrum. Continue reading →