No-one enjoys being in pain if anything people run away from painful situations, painful relationships, unfulfilling jobs and destructive habits. Tony Robbins puts it nicely when he says that at any given time one is either running away from pain or running towards pleasure. According to Tony a positive mindset will not overcome a bad plan, “Running east looking for a sunset, I don’t care how positive you are, I don’t care how hard you work at it, it’s not going to work, it’s the wrong strategy,” says Robbins. The man who runs in the wrong direction seeking to achieve something is doomed for failure, he runs the risk of embarrassing himself and never achieving that which he wants to achieve. My plea to such a man is simple, STOP, THINK and MAKE THE DECISION THAT IMPROVES YOUR CHANCES OF SUCCESS, simply stop and do some risk assessment, adopt a more robust strategy and GIVE YOUR INITIATIVES A BETTER CHANCE OF SUCCESS. Risk management is an absolute necessity for successful decision making.
Wouldn’t it be a better world if we discover a way to structure the journey to success and achievement such that we MINIMISE THE POTENTIAL IMPACT THAT CHALLENGES MAY PRESENT. Or even avoid pitfalls and still use your well-developed skills and minds to achieve great things?
A risk management strategy would help you to accelerate and stabilise your path to success. This applies to businesses as well as individuals. Suffice to say that an individual’s life may have limited exposure to such complex financial instruments as derivatives that would need hedging and other sophisticated financial strategies. Undoubtedly an individual’s life would also need a blueprint that can help smoothen their path to success in the same way that a business would be better placed for sustainable profitability if it implements a strategic risk management approach. The same way that companies understand the importance of a formalised risk management strategy, human beings can also incorporate risk management principles not only to preserve their successes but also to make the path of the seeker of success a little bit smoother and less painful.
Successful institutions employ very carefully crafted risk management strategies that enable them to avoid or minimise losses while maximising profits. We believe it is possible to learn from successful stories in life and business so as to put together strategies that an individual with a hunger for success can adopt, learning from these giants of success and risk management. We also encourage businesses to use risk management as a key ingredient to their business strategy and provide them with support to craft a tailor-made risk management strategy for their businesses.