risk | Tag | Conversational Leadership

Wikipedia Entry: risk

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. One international standard definition of risk is the "effect of uncertainty on objectives".

The understanding of risk, the methods of assessment and management, the descriptions of risk and even the definitions of risk differ in different practice areas (business, economics, environment, finance, information technology, health, insurance, safety, security etc). This article provides links to more detailed articles on these areas. The international standard for risk management, ISO 31000, provides principles and general guidelines on managing risks faced by organizations.

Credit: Wikipedia - risk

A tag is a type of metadata keyword or label that makes finding information in this blook on a specific subject easier. All posts in this blook tagged with the word risk are listed below. You will find a list of all tags in the tag cloud and a shorter list of tags with their descriptions in the glossary

Silicon Valley Versus Route 128 Innovation Story: How Silicon Valley's open culture outpaced Route 128's closed network

Silicon Valley and Route 128 once stood as hubs of technological innovation. Yet, their contrasting ecosystems led to different outcomes, with Route 128 lagging behind. By examining these differences, we can understand how open networks and risk-taking cultures drive sustainable innovation and growth in technology-driven regions. Continue reading Silicon Valley Versus Route 128 Innovation Story: How Silicon Valley’s open culture outpaced Route 128’s closed network

Adaptive Funding for Innovation Diversifying investments to drive innovation

Organizations often rely heavily on a single contractor to deliver critical outcomes. While traditional, this approach concentrates risk and limits innovation. Distributed funding offers a more innovative alternative: it spreads resources across multiple contractors or projects to encourage experimentation, reduce failure impact, and scale successes based on proven results. Continue reading Adaptive Funding for Innovation Diversifying investments to drive innovation