Ep.8 Do risk matrices help us make better decisions?
The Safety of Work
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The Limitations of Risk Matrices in Decision-Making
This chapter explores the role and effectiveness of risk matrices in organizational decision-making and their tendency to oversimplify complex risks. It critiques the subjective nature of risk assessment methods and highlights the inherent limitations of these tools, often prioritizing administrative needs over actual risk evaluation. Through discussions and illustrative examples, the speakers emphasize the importance of scrutinizing risk assessment methods to ensure they align with true risks rather than pre-existing management decisions.
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