Home -> Law Blog Directory -> Corporate & Securities Law Blogs -> Bizz Bang Buzz Blawg

Corporate & Securities Law

: Bizz Bang Buzz Blawg

Risk Management in a Nutshell

By Anthony Cerminaro

"'Risk Management' is the art and science of thinking about what could go wrong, and what should be done to mitigate those risks in a cost-effective manner.

"In order to identify risks and figure out how best to mitigate them, we first need a framework for classifying risks.

"All risks have two dimensions to them: likelihood of occurrence, and severity of the potential consequences. These two dimensions form four quadrants, which in turn suggest how we might attempt to mitigate those risks:

Read more in this VC Experts article.

Full post as published by Bizz Bang Buzz Blawg on June 24, 2009 (boomark / email).