Man is completely responsible for the evil he does, because he is the one who wants it, and because it is easy to destroy, he can do a lot of evil with a little action. (But when doing something good and useful, its share is very small.)
For example; Creating a forest is the product of weeks of effort in the installation, ongoing maintenance throughout the seasons, and patient waiting. (In the meantime, many people, tools, equipment, suitable climatic conditions, sun and water are required) and a beautiful and vibrant one can be achieved on average in 20 years. The child can burn that forest with a match in 5 seconds of effort. It can burn to ashes in a week.
Risks, although rare, exist in every aspect of our lives and may confront us with unexpected consequences. That’s why it’s essential to think about and analyze risks and reduce or eliminate them as much as possible in everything we hold dear.
However, let’s not forget that reducing or eliminating risk usually means additional costs.
For example, imagine you decide to create a forest of 100 trees. Under normal circumstances, you calculate a certain amount of land and a certain cost. However, considering the fire risk, if you go this RISK REDUCTION route, you can decide to design your forest in groups of 10 trees, leaving enough space for the fire to not spread. This strategy results in twice the land use and twice the cost; However, in a possible fire, it means that only 10 trees will be damaged and the remaining 90 will be saved. This is a RISK REDUCTION strategy. If we risk 10 trees burning in a possible fire, then we ACCEPT THE RISK.
This example shows that risk management requires us to determine not only costs, but also what acceptable losses are. Similar principles apply in professional life: we have to identify risks in advance, take precautions against them, and sometimes accept some losses in order to protect the big picture.
This story is a reminder that risk management is not just a discipline, but an art form. Managing risks wisely, whether personal or professional, is essential for sustainable success and growth. Understanding the nature of risk and developing appropriate strategies allows us to both protect our constructive efforts and look to the future with confidence. In this journey, managing risk is the key to protecting and enhancing the values created.
#RiskManagement, #StrategicPlanning, #CrisisPrevention
