

Risk Ramble, January 2025
22 snips Jan 20, 2025
Dive into the complexities of risk, especially in outdoor adventures, where balancing potential dangers and rewards is key. Discover the value of embracing mistakes as learning opportunities rather than focusing on perfection. Unpack the differences between risk and uncertainty, using clever analogies to illustrate decision-making. Explore the concept of risk savvy versus risk averse, emphasizing intuition in assessments. Lastly, learn about innovative techniques to help enhance intuitive decision-making while fostering a culture of accountability.
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Risk Ramble Origin
- The host's interest in risk was sparked by feedback on inconsistent use of terms in their book.
- This led them to explore risk literature and frameworks.
Risk Framework
- Risk involves hazard, exposure, and vulnerability, especially in outdoor activities.
- Vulnerability considers the severity and likelihood of harm.
Probability vs. Consequence
- Use a probability vs. consequence matrix to assess risk.
- High-probability, low-consequence situations are valuable learning opportunities.