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Tuesday, 14 January 2014 17:39

Risk and the limitations of knowledge

Awareness of risk can lead to unforeseen risk behaviors based on knowledge that is sufficiently convincing to lead to false positives.

By Geary W. Sikich

“The more you know, the more you know you don't know.” Attributed to Aristotle.

Knowledge is an opening door to understanding; however, the risk of knowledge is understanding how much you do not know.

Unfortunately when it comes to organizational risks we have a very limited understanding of where risk is or where risk is going to materialize.

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