The Orgtology Glossary

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Orgtologist Certification Program (OCP)

The task of an executive team is to ensure performance and secure relevance. That is the bulk of their work. The word “orgtology” joins “organisation” with the Greek word “logy”. The science of organisation. It is a holistic way that helps us to drive relevant performance. This is one thing that business schools often lack to teach. The program is highly suitable for senior managers, directors, and executives.

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 - 1369 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

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 - 1369

Synonyms: Effect