\u00a0<\/em>to shape our future in a particular direction that ensures that bad things do not happen to us, using the military as one tool amongst many to that end. This is conceptually a long way from sitting and waiting for a tragedy to occur.<\/p>\nSome hold that risk management is more than just awaiting events\u2014that is, it involves being so obviously prepared that this shapes another\u2019s thinking and they are dissuaded from taking \u2018risky\u2019 actions. This however sounds somewhat like deterrence, a strategy focused on someone at some time to convince them not to carry out some act. In short, shaping the future into a particular kind of desired international order.<\/p>\n
Risk is about preparing for possible dangers, strategy can be working to try to make them not happen. Which is better for us? To paraphrase Clint Eastwood \u2018do we feel lucky\u2019? Or should we at least try to make our own luck?<\/p>\n
We should think carefully whether risk management is the best foundation for our defence policy as there may be alternatives worth exploring.<\/p>\n
Peter Layton\u00a0is undertaking a research PhD in grand strategy at UNSW.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"Hugh White nicely joins the fray in focusing on the key difference between risks and threats: time. That is, a risk can turn into a threat over time, and vice versa. As Hugh says, risk …<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[4],"tags":[17,1425,35,21,36],"class_list":["post-326","post","type-post","status-publish","format-standard","hentry","category-defence-white-paper-2013","tag-australia","tag-defence-white-paper-2013","tag-risk","tag-strategy-2","tag-threat"],"acf":[],"yoast_head":"\n
Reader response: risk, strategy and luck | The Strategist<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n