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RISK

RISK
by

Kaye Nordstrom

on 9 February 2014

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Transcript of RISK

RISK
Definition
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?
Play?
Perception
Peak Experience
Failure
Excitement!
Stadium swing- Durban
Types of Risk

1. Absolute
2. Perceived
3. Residual
Absolute Risk
Risk involved with no safety mechanisms in place
Perceived Risk
How Risk is perceived by people may be different!
Residual Risk
Left over Risk
with safety mechanisms in place
When have you experienced
1. Absolute Risk ?

2. Perceived Risk ?

3. Residual Risk ?
Best/Worst Risks?
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!
YES
Risk Management ?
When and why do we need it?
Full transcript