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Risk management manages risk, obviously. But if we have a limited view of the nature of risk, we won't be managing all the risks. Most people fail to gain the full benefits of risk management, because they forget about upside risk, also known as opportunity.
In this presentation for the University of Westminster, David Hillson explains how to expand the risk process to include oportunities alongside threats in an integrated approach. As we minimise threats and maximise opportunities, we will optimise our ability to achieve our objectives.