The Risk Encounter Outcome Model

Today’s post is short, and to the point. In examining ways to visualise risk as a component of operational processes, I’ve formed a model that allows you to visually represent severity of outcome, relative risk exposure, and control coverage. While not for the faint of heart, the paper is posted online at our website here. I would précis it on the blog, but it’s one of those papers best just read in a quiet hour and mulled upon, and a précis won’t give much in the way of insight beyond the paper.