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Article: Risk management: sweat the small stuff.
- Article from:
- Camping Magazine
- Article date:
- November 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 American Camping Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"Don't sweat the small stuff" is a colloquial phrase reminding us not to be too serious. Nearly everyone--except perhaps for the morbidly serious--can relate to the concept and, for the most part, it seems like good advice. However, the thought can be confusing sometimes. The idea is misapplied when used to rationalize against worrying too much about details in circumstances where concern about details is important. Such a misinterpretation can lead to trouble, especially in respect to risk management and insurance activities, which require sweating the "small stuff."
Because of the nature of risk, camp directors and most other business managers use insurance ...