Tag: Contingency Planning
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This-or-Better
This-or-Better is a goal-setting principle that emphasizes achieving a desired outcome while being open to the possibility of attaining a superior result. The phrase frames a mindset where the desired outcome is seen as a baseline, and the individual is encouraged to remain adaptable for improvements beyond initial expectations.
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Risk Management
Risk management is a systematic process for identifying and addressing potential risks and opportunities in various contexts, including organizations and projects. It combines quantitative and qualitative analysis to minimize negative impacts and maximize positive outcomes, adapting to evolving global trends and technological developments.