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Risk Management

“Don’t risk more than you can afford to lose.
Don’t risk a lot for a little.
Consider the probability of outcomes.”

– Dan Amos Chairman and CEO of Aflac

Applying these simple but powerful questions can make a big difference for risk management and the avoidance of great pain. Since 1990 when Amos became Chairman and CEO of Aflac, its stock has risen over 2,000%. In a world that is drowning in poor investment and policy decisions, one does not have to look very far to see a multitude of examples where having objectively applied these questions would have yielded better decisions and outcomes. This simple decision tree can be applied to business and everyday life. Consider applying it to your next investment, bid, procurement, or policy decision.

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