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THE RISK MANAGEMENT RELATED SYNDROMES

RISK MANAGEMENT RELATED SYNDROMES Hazards have to be treated transparently, which of course does not exclude confidentiality, in order to avoid various well known organizational risk-related money wasting syndromes which we will summarize in three points: The “specialist syndrome”: this syndrome leads hazard specialists of a given hazard, for example IT, military, political, or financial experts to believe they understand how to evaluate risks. They do not: they can characterize the hazard they specialize in, but they do not know…

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