2The evolution of risk management thinking in organizations
It is a world of change in which we live, and a world of uncertainty. We live only by knowing something about the future. We often act then on partial knowledge when making decisions about the future. Conscious life can react to a situation before that situation materialises; it can “see things coming.” The role of consciousness is to give “knowledge” of the future. We perceive the world and make inferences before we react to it. The universal form of conscious behaviour is thus action designed to change a future situation inferred from a present one. It involves perception and, in addition, inference. We must infer what the future situation would have been without our interference. ...
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