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by i386 1186 days ago
Risk without risk mitigation is just bad business.
1 comments

You don't understand risk or business if you think a good business mitigates all risks, or even its largest risks.

The biggest risk for a medical company is harming patients. Do they just throw up their hands and stop being a medical company?

The biggest risk for social media firm is the social media they serve through goes down. So what, they throw up their hands and stop being a social media firm?

The biggest risk is losing all money and going out of business. Harming patiences are a cost.
Absolutely not what I am saying, please read up.