Hazards and the risk they pose to the success of any endeavor are a fact of life. Decisions that lead to outcomes that were undesired or unexpected by the parties affected by them frequently occur, often with catastrophic results. While no endeavor is risk-free, the failure to proactively identify and assess risks, adequately communicate them to all relevant parties in an explicit systems-based way and then use this knowledge to engineer solutions that result in an outcome that reduces risk to an acceptable level is commonplace.
No endeavor/decision is without the risk of resulting in undesired outcomes.
Decisions leading to undesired outcomes (financial, human, political, reputation) are common. Unfortunately (tragically), it is also common that the parties that both made these decisions or were impacted by these undesired outcomes viewed them as unexpected when they occurred. Even worse, because they were unexpected they were unprepared for their occurrence further magnifying the extent and the impact to the individuals, organizations, and society as a whole.
RAIDE’s goal is to provide the tools, techniques, and methods that lead to risk-informed decisions which prevent or minimize the occurrence of unexpected/undesired outcomes. To achieve this goal it is critical to identify, assess, and mitigate risks so that the ultimate level of residual risk is appropriate and understood by all stakeholders involved; this is a never-ending process and as more or new information becomes known, decisions that have been made must be revisited. This can only be accomplished through timely, clear, and appropriate internal and external communication that results in risk assessment-informed decisions that are proactively well engineered.