Following is from one of our readers…”subguy”
Found what appears to be an interesting article on risk-
You have to subscribe to read the whole thing; will see if it is worth it to me.
Big picture-”Increased complexity of a company’s systems — products, processes, technologies, organizational structures, legal contracts and so on — can create dangerous vulnerabilities.” Appears to dovetail nicely with the latest thoughts on “Black Swan” events, randomness, and planning methodologies.
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I know what I don’t know I don’t know….
Subguy,
Interesting article.
I think this quote may be appropriate:
The unknown s we know, there are known known’s. There are things we know we know. We also know there are known unknowns. That is to say we know there are some things we do not know. But there are also unknown unknowns, the ones we don’t know we don’t know.
—Feb. 12, 2002, Department of Defense news briefing
http://www.youtube.com/watch?v=GiPe1OiKQuk&feature=related