Recently the “Is Risk Management(sic) an art or science” meme has reappeared. Our response should be:
“Bzzt. Sorry, wrong question.”
Not only are they confusing two different disciplines (the study of risk to the study of the management of risk), but they are usually completely off base in their approach to the problem. whenever I hear this question, three things come to mind:
1. SCIENCE AND ART ARE NOT POLAR OPPOSITES
The first thing that comes to mind is that it’s not a…
December 19, 2007, 2:26pm Comments