Stopping the Chain of Events, The Essence of Risk Management
In aviation, pilots have an theory regarding risk managment. The majority of accidents occur because of a chain of events. During this chain, pilots have many opportunities to stop the chain and avoid the accident. The same is true with just about any business. Most accidents occur because of a chain of events. Risk management teaches us to recognize the chain and to stop it in its tracks. Unfortunatley, human beings miss the signs and things occur. If you want to reduce your risk profile, recognize and cut the chain. Until next time be careful out there and know your risks. K