Impact

Term	Definition
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 Hits - 1341 Synonyms: Effect orgtology derek hendrikz derek hendrikz consulting black swan risks risk risk Exposure Effect Impact probability that something will happen Where probability is low and impact high black swan

Term

Definition

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

Hits - 1341

Synonyms: Effect

orgtology
derek hendrikz
derek hendrikz consulting
black swan risks
risk
risk Exposure
Effect
Impact
probability that something will happen
Where probability is low and impact high
black swan