Risk Management, October 1st, 2002
I'm a bit disappointed with a recent article (Re: "Are Formal Risk Assessments of Any Use?" August 2002) in which the writer, Mark Jablonowski (who, by the way, usually hits the nail on the head), missed an opportunity to expand his fellow risk managers' approach by limiting his discussion to statistical and intuitive risk assessments.
Nowhere does he identify critical actions that can impact bottom line losses (and susceptibility to loss) through other forms of risk assessment. To ignore other forms of risk assessment and risk control systems geared to lowering loss frequency and severity ...
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