Impact

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Impact

Impact is the effect that something has after it is done. In orgtology we use the term “impact” to assess the effect that a risk will have if it has taken place. Risk exposure relates to the probability that something will happen and the impact that it will have if it happens. Where probability is low and impact high, we have a “black swan” risk. This is the most dangerous of all risks.

 

Author - Derek Hendrikz
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Synonyms: Effect


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