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Dealing With Uncertainty – Part 2

In a world where our risk has now increased the natural inclination is to add to buffers as a way of protection, but this can become ruinously expensive.

To offset this, the more levers you can pull and the more effective they are, the more you manage such costs. There are big gains therefore to be had from understanding this and also the role flexibility, (aka management action), plays in determining self-insurance.

Read more here: dealing with uncertainty part 2

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