Risk Tips 011: On Risk Identification

“What matters is that right now is right now.”

Ryan Holiday, The Obstacle Is the Way (2014), at 47.

Risk management is the practice of being radically honest about the threats and opportunities you face. If you want to improve your organization, you have to first face the reality of its current situation. It doesn’t matter what you wish was happening, might happen, should have happened, or could have happened. Now matters. In that way, risk management draws on the philosophy of stoicism, which Ryan Holliday explains very well in The Obstacle Is the Way.

Risk Tips is a periodic posting on the Risk Alternatives blog. Here, we share some of our favorite thinkers’ favorite thoughts (and a few of our own). Please buy the books we quote: we want you to build your library of risk management and process improvement gems. To find out more about risk management, start here.

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