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Transcript of RISK
The consequence of losing
or gaining something
of value to you.
Risk? is it worth it?
What do you think?
How much risk is Ok?
Stadium swing- Durban
Types of Risk
Risk involved with no safety mechanisms in place
How Risk is perceived by people may be different!
Left over Risk
with safety mechanisms in place
When have you experienced
1. Absolute Risk ?
2. Perceived Risk ?
3. Residual Risk ?
In your life so far- discuss with
the person next to you- the best and
worst risks you have taken.
Rewards often worth the RISK!
Risk Management ?
When and why do we need it?