Yes, we say "something" is at RISK. And that something is OBJECTIVE !! And RISK is effect of uncertainty on objectives that matter.
@Risk-Doctor3 күн бұрын
Exactly right, thanks!
@Sir.K25 ай бұрын
Objective: have a high-quality (Audio, Visual ) video. Having an unqualified media team. Risk: losing Audio! Happened: twice!
@Risk-Doctor4 ай бұрын
Yes, I know! I'm so sorry about this. But there's a backup/contingency plan - use the subtitles or the transcript function!
@khalidalqudsi39746 жыл бұрын
Excellent explanation David! This series of videos is really very helpful and very much appreciated. Thank you to you and Sultan Qabous university risk management team for such great work!
@Risk-Doctor6 жыл бұрын
Thank you for this encouragement Khalid. We're glad you enjoyed this video, and there are lots of other good ones coming soon - one each day! We appreciate your positive feedback and we hope the videos are helpful to you as you tackle your own risks.
@khalidalqudsi39746 жыл бұрын
Indeed David they are very helpful and of great support as I am currently doing my master course in Strategic Risk Management! I am reviewing all other videos that you produced David and I am confident that they very useful like the ones that I have gone through already. All the best and May God bless you!
@Risk-Doctor6 жыл бұрын
Thanks Khalid. I wish you success and blessing as you complete your masters course. Please let me know if we can help in any other way (david@risk-doctor.com). There are also many papers and articles available for free download on the Risk Doctor website (www.risk-doctor.com).
@trhunter92094 жыл бұрын
Brilliant! This's a life-changing video Thank you so much!
@Risk-Doctor4 жыл бұрын
Wow, that's a very high compliment! Thank you!!
@drjesuselshaddai95373 жыл бұрын
The way you explain is extra ordinary
@Risk-Doctor2 жыл бұрын
Thanks for the encouraging feedback.
@adityarao72553 жыл бұрын
superb video....very informative. u explain so well sir
@Risk-Doctor3 жыл бұрын
Thanks very much, I'm glad you liked it.
@Bessala6 жыл бұрын
So financial risks are risks that affect the finance... For me, I was considering the qualifier to be for the root cause of the risk [not the effect]; like scope (change) risk, resource (outsourcing) risk, schedule risk... Guess there are many ways to categorize risks.
@Risk-Doctor6 жыл бұрын
Thanks Simão. You're right that risks can be categorised in many ways, including both cause and effect. In my experience, terms like "financial risk, environmental risk, safety risk etc." relate to the type of effect. But I'm sure other people probably do it differently.
@kareenagoel92512 жыл бұрын
Well Explained
@Risk-Doctor2 жыл бұрын
Thank you Kareena, I appreciate your encouragement.
@arianez53805 жыл бұрын
If risks are defined top down and managed bottom up, then are not corporate risks the sum of all the aggregate risks?
@Risk-Doctor5 жыл бұрын
Thanks for this question Ariane. In this video I say that risks are managed bottom up, but this dies not mean that all the lower-level risks can be added up to define the total risk eposure at the next level. Risks at any intermediate level in the organisation incldue some risks from lower down that are escalated, other similar lower-level risks that are aggregated, plus risks specifically from the intermediate level itself, and maybe also risks passed down from above. I hope this clarifies the situation for you.