Accumulation Of Hidden Risk From Business Contractors

Looking for efficiency, companies have lower inventory and have sub contractors.

Problem is that mistakes are augmented in their potential harm, as contractors have no skin in the game.

There is no protection against a tail event, where there needs to be dependability.


LOK: 4. Management 5. Systems
RL: Skin in the game
IDEAS:
Risk Contractors Business Efficiency Problem Mistake Black swans Dependence
#Antifragility