Tag: Risk Management
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Failure of Imagination
Failure of imagination describes the inability to foresee major risks or opportunities due to cognitive blind spots and conventional thinking, as highlighted by the 9/11 Commission. It applies to events like Pearl Harbor and the 2008 crisis, spanning security, business, and social contexts. Mitigation involves scenario planning, diverse perspectives, and historical learning.
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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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Wishful Thinking
Through wishful thinking, individuals prioritize desires over empirical truth in forming beliefs and making decisions. This phenomenon impacts both personal and broader societal decisions, underscoring the importance of critical, evidence-based thinking in navigating life’s complexities.
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Ukemi
Originating in Japanese martial arts, Ukemi focuses on safely navigating falls and attacks, highlighting the cultivation of both physical safety and psychological resilience. The practice extends beyond martial contexts, offering valuable strategies for injury prevention and psychological well-being.
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Make Hay While the Sun Shines
Originating in agriculture, the proverb “Make hay while the sun shines” metaphorically advocates for seizing opportune moments. It highlights the essence of timing and adaptability in life’s diverse contexts, from professional to personal realms.
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Agentic Leadership
Agentic leadership, characterized by assertive, goal-oriented approaches, is marked by capable strategic thinking and direct communication. Rooted in the concept of individual agency, it is integral to various sectors and significantly influences organizational dynamics with its skillful problem-solving capabilities.
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Social Engineering
In its modern form, social engineering leverages psychological manipulation in cybersecurity, targeting human vulnerabilities to extract sensitive information. Its application raises legal and ethical issues, and combating it requires both technological solutions and informed awareness.
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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.
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Opportunism
Opportunism, fundamentally characterized by the pursuit of immediate benefits, manifests in politics, business, and personal relations, emphasizing short-term gains over long-term stability and ethics. Its evolution, rooted in adaptability and moral flexibility, offers a complex perspective on decision-making across various contexts.