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 on . How one goes about facing all these issues in the Management Parlance is
RISK MANAGEMENT
In the not so far back days , there was only Post Mortem of an event after its completion successfully or otherwise . One such Post Mortem makes a rather interesting and intriguing reading .
HAIR , BAAL , ROMAM , MAYIRU , JOTTU has been REASON for the turning point in both our Epics Mahabharata and Ramayana .
On Duryodhans bidding Duchchadan drags Draupadi by the HAIR to be the center piece of everything wrong that takes place in the Royal Court where Draupadi takes an oath to tie her dishevelled hair only after the defeat of the Kauravaas in the Mahabharat War .
HAIR in Ramayan has a different take . This is after Sita and Rama s wedding . King Dasharatha notices a lot of Grey Hair around his temples while looking at a mirror which is when he decides that he is getting on age and should hand over the reign of the Kingdom to Lord Rama . Kaikeyi , Sita abduction and the great war where Raavan is defeated and Sita retrieved follow .
So folks , please do not take the hair in your Food or on the Collar Fold of your shirt lightly, beware of something-------- round the corner .
RISK MANAGEMENT IS THE KEY
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