Harvey Mackay said, "Sometimes it's risky not to take a risk - if you walk backward you never stub your toe"

To succeed in business you have to be prepared to take risks, but they should be calculated risks. I never cease to be amazed by the number of companies who barely pay lip-service to risk. Many will have a brainstorm session at the beginning of a project to establish the risks they face, however they fail to realise that this is just a snap-shot in time. Risk is ever present, and everyone in the organisation has a responsibility when dealing with risk.

Risk can be defined as an uncertain event or set of events that, should it occur, will have an effect on
the achievement of objectives. Risk management activities should be a scheduled regularly where the status of all risks is updated and new risks can be identified, assessed, categorised and responses prepared.

Anything less is really taking a chance!