This site, like many others, uses small files called cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website (Cookie Policy). However, if you would like to, you can change your cookie settings at any time.

- WELCOME
- StrategicRISK is an international award-winning publication and information source for corporate risk and insurance managers. We focus on promoting the benefits of risk management and supporting risk managers and the risk community to drive risk maturity.
- CONTRIBUTE
- Are you a risk professional and feel passionately about a risk management issue or industry challenge? Do you want to share your views? Then get in contact and join us as we promote excellence in risk management.
- Click here to contact us
- ACCESS
- You can get full access to our latest content and archive right now by registering online. As a registered user you’ll receive online access to our full archive, exclusive content, weekly news alerts and, if you are a corporate risk manager, complementary invitations to our conferences and events held around the world.
- Click here to register

Why current risk definitions just don’t work

2019-03-15T07:00:00

‘Intangible’, ‘the effect of uncertainty on objectives’, ‘likelihood’, ‘probability’, ‘consequence’, and ‘impact’ – do these perennially-used terms add clarity to risk management practices or do they just dilute and confuse what we do? asks Tony Thornton, ERM and business continuity expert

For continued access to free content, you need to register.

(If you’re already registered, please sign in here.)

Register to continue reading

We’re glad you’re finding our content useful. For continued access to free content on the site please take a few moments to register, or sign in if you have already registered.

Breaking industry news as it happens
Expert analysis and comment from industry leaders
Unlimited access to all stories, including premium content
Sign up for newsletters
Create a profile and post comments on stories

Published by Newsquest Specialist Media Limited, registered in England & Wales with number 02231405 at Loudwater Mill, Station Road, High Wycombe HP10 9TY - a Gannett company