Aaj Ki Raat, Dhandhe Ki Baat Risk (Part-1): In Dhandha, Always Remember, Don't be a Harshad Mehta, "Risk Hai To Isq Hai", Be a Babu Rao, "Bilkul Riks Ni Lene Ka He" or say "Calculate The Risk" Almost all Dhandha have some form of uncertainty & thus, affected by the risks. Risk affect ability of Dhandha to operate directly or indirectly. There are so many models to measure or manage risk. But in this series, will learn about Robson Risk Management Model. So it has a five steps but, will combine two into one, Step 1 : Personal Risk Perception Step 2 : Risk Assessment Phase Step 3 : Risk Strategies Step 4 : Risk Evaluation Step 1 : Personal Risk Perception This step involves creating a list of activities and factors that may or may not be risky in reality but is perceived to be risky. The source of information can be primary as well as secondary. Like, industry publications, industry experts commentaries, journals or government statics. to be continued... #AajKiRaatDhandheKiBaat
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