That’s How I Roll
Last week I attended a Risk Management webinar. Management of risk should be a primary consideration in reaching one’s goals, be they business or personal, when the outcome is uncertain.
Not everyone is familiar with nor cares about managing risks. In many instances, by virtue of experience, education and training, they feel comfortable with their planned outcomes, because they are aware of all of the risks involved. Depending on your outcomes, this level of expertise can be gained in a short time, or is the accumulation of a lifetime. In a number of instances having a structured risk management framework serves no purpose. The potential “gain” is too small, or the loss will not be that big. It’s not a matter of life or death.
What happens at the enterprise level is the potential for change. Change is a constant, but the rate of change can vary. In business, an organization can quickly grow. Without constant active management, the risks can grow faster than the organization. Even with active management, risks are always present. A key employee or customer can leave unexpectedly, resulting in a gap that can’t be easily filled. A new technology can result in a boom—or a bust.
One good reminder I gained from the risk management webinar is this: Don’t gamble.
Gambling in transportation is deadly. Gambling can take the from of the driver who does not use G.O.A.L. (Get-Out-And-Look), damaging property or lives. Gambling can take the form of not properly vetting a driver or not waiting for the results of a drug screen, or taking any number of shortcuts. Taking shortcuts, skipping procedures, or taking unnecessary risks will come back to haunt you. When you roll the bones, sooner or later you will turn up a set of snake eyes . . .
Gamblers never win.
There’s no place in transportation or business for gambling.
Thank you for reading this.