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life cycle risk mgt principles and techniques_Zou with Chinese for HUST

Speculative risk–a potential event with a potential upside and downside

投机风险-可能造成损失,但也可能创造收益的潜在事件

RISK IS A VERY PERSONAL THING

风险是一件非常个人化的事情

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Richard Branson: “risk is good , as long as it is controlled risk”

Why RM? --Recent research findings

17 Management (ERM)

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control and crisis management

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Companies did not review risks on a regular confidence in managing high risks OR added too large

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of companies have business continuity

t d th of senior managers have received risk 的高级管理者接受过风险管理培训of organisations have ever tested them.28

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