Essay on The 3 Legged Stool Approach Risk

Essay on The 3 Legged Stool Approach Risk

Length: 1373 words (3.9 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

2) In the Lykke 3-legged stool approach risk explains the gap between what is to be achieved, and the ways and means available to achieve the ends. The first risk with President Reagan’s strategy is an inherent logic issue with the first ends having to deal with a peaceful and secure Europe. On one hand the United States is going to maintain defenses of unassailable strength with various missile systems, but on the other hand work to reduce arms on both sides in both nuclear and strategic offensive weapons. The second risk has an issue with implement concepts of ways with unifying and freeing Europe, but the ways only focus on Berlin. There is the risk of leaving out the rest of East Germany and the other Warsaw Pact Countries. Another risk is that of cost and the available funds to meet all of these requirements above, does the United States as a nation have the sufficient means to pay for all these missiles, the new Berlin airport, and mentioned meetings. In addition, the second ends use the means the Olympic Games and United Nation meetings in Berlin to a unified and free Europe. These small factors are a good start, but really do not get at the, with what question. Even though there are risks in President Reagan’s strategy, it is balanced. It uses a combination of means such as defense, diplomacy, and economic through various ways to achieve the desired ends. This is strategy is akin to the carrot and stick method with the goal of using just the right amount of pressure on each side to achieve the endstate of a Europe free of fear and division.
When looking at the President’s strategy there are several other instruments of power (DIME) that could have been mentioned to strengthen its success. When looking at the d...


... middle of paper ...


...ing both time periods with the societies in which they lived. Schools were set up that indoctrinated student towards radical thought. This combined with the informational campaigns of these groups led them to gain followers and find funding. The pamphlets and speakers of the 1980s have been replaced with social media and the internet. Finally, both terrorism time periods destroy the infrastructure in which they live. They survive as a tick on the society living on the life support and systems without developing their own. Terrorist of the 1980s and today both have the organizational infrastructure to function in modern society but fail to add to it. When looking at the two National Security Strategies the two most significate similarities in the international security environment are the Soviet Union - Russia aggression and the continual threat of terrorism.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay on Questions On Risk And Risk Management

- No firm can be a success without some form of risk management. Risk are the uncertainty in investments requiring an assessment. Risk assessment is a structured and systematic procedure, which is dependent upon the correct identification of hazards and an appropriate assessment of risks arising from them, with a view to making inter-risk comparisons for purposes of their control and avoidance (Nikolić and Ružić-Dimitrijevi, 2009). ERM is a practice that firms implement to manage risks and provide opportunities....   [tags: Risk, Risk management, Actuarial science]

Strong Essays
1881 words (5.4 pages)

Essay on Public Perception And Risk Assessment

- Public Perception and Risk Assessment Every year after celebration of Diwali (a festival in India), Indian media is filled with news on how burning of fire crackers (a tradition of Diwali) has led to heavy air pollution. This year, in fact the pollution level rose to 42 times higher than permitted (optimal) level for breathing. Half of the country drowning in the toxic smog is a phenomenon that happens every year. Interestingly everyone is aware of the damage these fire crackers unleash on environment and human health still people continue to celebrate the festival by burning fire crackers....   [tags: Risk, Risk management, Risk assessment]

Strong Essays
875 words (2.5 pages)

Risk Management And Homeland Security Essay

- Risk Management and Homeland Security Risk is present in nearly every action and decision made around the world. Decisions and plans are determined primarily through discovering the risks and finding ways to avoid them and mitigate their impact. There is no doubt that with a mission of greater importance comes greater and more numerous threats and that is why managing risks is a high priority for Homeland Security in the U.S. To ensure the best possible security and safety decisions and plans, homeland security professionals must calculate every risk and find solutions to prevent or mitigate damage they might cause....   [tags: Risk management, Risk, Risk assessment]

Strong Essays
1281 words (3.7 pages)

Benefits For The Business Risk Assessment Essay

- Benefits for the Business Risk assessment increases profitability. Contracts can be selected and priced at the right level of risk, and the business can be managed with risk fully understood. Specific risks can be negotiated, it can be made clear who bears them, and they can be built in to contracts. Cost commitments can also be understood and budgeted with risk taken into account. Risk assessment can give cost commitment curves at preferred levels of confidence. In addition, revenue estimates can be expressed as ranges, so revenue pipelines as well as profit forecasts can be understood....   [tags: Risk management, Management, Risk]

Strong Essays
1037 words (3 pages)

Quality Management As An Integrated Approach Essay

- Flynn et al. (1994) define quality management as an integrated approach to achieve and sustain high-quality output. Quality engineering is the discipline that deals with the analysis of a manufacturing system at all stages, to improve the quality of the production process and of its output. This can be referred to as the means of achieving a consistent maintenance management system within an organization. Quality improvements methods are a means of improving the organization customers’ satisfaction and competitiveness....   [tags: Risk management, Risk assessment, Management]

Strong Essays
738 words (2.1 pages)

Essay on Cyber Risks Of Cyber Risk

- The phrase ‘cyber risk’ means jeopardizing an organization’s financial status and revenue due to the advancement in technology (IRM, 2014). The concern with the increase growth in technology, it causes a high risk in security and privacy. Cyber risk may not only occur in big or small organizations, but also data breach in high-profile personnel’s or release of government documents. While businesses and society continue to engage in the use of technology, the potential cyber threat is really underestimated....   [tags: Security, Risk, Risk management]

Strong Essays
2313 words (6.6 pages)

Risk Estimation And Reliability For Project Development Essay

- Executive Summary: Risk is a potential problem which means there is an uncertainty in the occurrence of a problem. Because of this uncertainty it is hard to find whether a particular event is going to be negative impact on the project. Risk can also be defined as the probability of suffering loss. Risks can be categorized into the following subparts: i. Project Risks: These risks affects the project plan thereby negatively affect the project schedule thereby increasing the project costs. ii. Technical risks: These risks affects the quality and timeliness of the project which will make the implementation more difficult....   [tags: Risk management, Risk, Risk assessment]

Strong Essays
730 words (2.1 pages)

The Effects Of Learning On Risk On Adolescents Essay

- All three fields psychology, neuroscience, and economics have independently determined various aspects of learning’s effects on risk-taking behavior in adolescents. However, it seems that there still does not exist a model that specifically incorporates learning through GLM/GAM. Early in the paper it was noted that exposure to risk glorifying media directly impacts risky cognitions and behaviors (Fischer et al., 2011; Anderson & Bushman, 2001). It is also known that teenagers do not exhibit different risk evaluations and have been tested to show more risk aversion and less ambiguity aversion than adults (Tymula et al....   [tags: Risk, Risk aversion, Decision making]

Strong Essays
1106 words (3.2 pages)

The Risk Management Cycle Essay

- ... The earlier potential risks are identified the earlier mitigation and contingency plans can be developed, which will increase the likelihood of project success. Analysing risk and managing it up front provides for: (Charity Commission, 2010) 1. Anticipation of situations and problems and building of contingency plans 2. Conduction of project management activities in proportion to the risk weighting as described in the Project Risk Log 3. Better management of stakeholder and project team expectations 4. Being prepared to take advantage of positive risks Risk Review Process Risk management processes need to be sufficiently flexible and responsive to ensure that new risks are addressed as...   [tags: risk probability to occur, risk assessment]

Free Essays
552 words (1.6 pages)

Essay about Risk Management

- Over the past decade, risk and uncertainty have increasingly become major issues which impact business activities. Many organizations are raising awareness to minimize the adverse consequences by implementing the process of Risk Management Framework which plays a significant role in mitigating almost all categories of risks. According to Ward (2005), the objective of risk management is to enhance a company’s performance. In particular, the importance of the framework is to assist top management in developing a sensible risk management strategy and program....   [tags: Business, Risk, Uncertainty]

Strong Essays
2000 words (5.7 pages)