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Twenty years ago, risk management meant buying insurance against fire, theft, and liability losses.
Today, though, due to globalization, volatile markets, and a higher propensity to sue, a multitude of risks can adversely affect organizations in all industries. Microsoft addressed these risks by creating a virtual consulting practice, called Microsoft Risk Co., to help manage the risks faced by its sales, operations, and product groups. In a 1997 article, Scott Lange, head of Microsoft Risk, identifies 12 major sources of risk. What do you think would be the major sources of risk to Microsoft?
Silver Donald Cameron argues that all adults should learn how to function capably at a certain selection of everyday abilities in his short article, "The Many Forms of Liter
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