Risk
Origin: It. risico o rischio, ár. clás. rizq
Risk can be defined as ”the probability that an action or event will adversely affect an organization's ability to achieve its objectives". It is characterized by issues marked by a high degree of uncertainty; even basic information, which would help adequately assess the frequency and severity of a given risk, is often lacking. Such risks can occur as a result of economic shifts, technological changes, unexpected consequences, sector specifics, social changes, etc.
Spanish: Riesgo
Sources and references
- Jackson. Michael “Foresight Glossary”cited 180 times
Term connections
+20 more connections not shown here. (see the lists below)
Mentioned by
- Adapted Holistic Futures Wheel
- Advanced Planning
- Business portfolio models
- Challenging Future
- Complexity manager
- Cost-benefit analysis
- Decision analysis
- Decision tree
- Ecosystem management
- Environmental impact
- Expected utility/value
- Genetic engineering
- Hedging
- Judgment heuristics
- La prospective
- Morphological analysis
- Network analysis
- Prediction markets
- Proactive
- Proactivity
- Probability (likelihood)
- Risk analysis
- Risk management
- Risk society
- Scenario, context analysis
- Sustainable development principle
- Technology assessment
- Uncertainty
- Wild cards
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