RISK MANAGEMENT- AN ALL NEW MEANING - 282
RISK MANAGEMENT- AN ALL NEW MEANING One of the oft repeated terms in Mangement Studies or Classes is RISK MANAGEMENT . The term is sure to send the shivers down a person when he comes across the term for the first time . For the common man what it entails is the listing out the possible scenarios while embarking on a job and have a Plan A B or C to successfully face them . Let us for a start imagine a man from Chennai on a Holy Visit to Kashi to cleanse himself with a bath in the Holy Ganges and to pay his obeisance to Kashi Vishwanath . What are the likely items that go to make this happen , Should be able to get the Train Reservations. Should have no health issues before or during the journey , should have enough finances for the trip , Weather Gods should be on the same page , suitable place of stay should be available , South Indian Food should be available , coping up with lack of Knowledge in Hindi should be managed etc etc , the list could go on and ...