Hence in the wise leader’s plans, considerations of advantage and disadvantage will be blended together.
While we’ve often mentioned risk management, we have not offered our view of risk and how to manage it. This chapter broadly covers how to determine and manage risk in any technology or business decision. Managing risk is one of the most fundamentally important aspects of increasing and maintaining availability and scalability.
Business is inherently a risky endeavor. Some examples of risks are that your business model will not work or will become outdated, that customers won’t want your products, that your products will be too costly, or that your products will ...