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David Hillson

The idea that risk includes opportunity has gained increasing acceptance in recent years, despite opposition from those who base their thinking on the dictionary. Clearly there are uncertainties that can help us achieve our objectives (we can call these opportunities), and these should be addressed proactively (exploited, captured, enhanced, shared etc), in the same way that uncertainties that could hurt us (threats) must be avoided, minimised, transferred etc. However few people seem to realise that the traditional risk process is perfectly suited to addressing both threats and opportunities alongside each other - double the benefit. I've been promoting this idea for many years, with some success - recommended!

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