Risk and Five Sigma Events – Can They Happen to You?

Perhaps it’s a sense of optimism wired into humans (or conversely delusion), but when business managers think of worst case scenarios, a common refrain is, “it could never happen to me.” Unfortunately, world events such as the Sendai Tsunami (natural disaster) or the Financial Crisis of 2008 (man-made disaster) highlight disastrous occurrences happen more frequently than we tend to believe.(more…)