Alwalys
Phu m.
- May 19, 2010
- 25,894
- 6,140
You don't expect failure but you should plan for it. I.e., you should consider the best case scenarios, the worst case scenarios, and try to guess what is most likely (and what that probable range is, with some kind of confidence ranges). You also should do whatever is reasonable to minimize the potential downside risks. That is part of the job of anyone who runs a business.
he did a fairly good job of that with the acquisitions of ward and martin in addition to jones.