riskiäMyös

riskiäMyös is a term used in Finnish risk discourse to describe an approach that emphasizes considering risks in addition to opportunities. The word is a portmanteau of riski (risk) in the form riskiä and myös (also), and it is used as a shorthand to remind decision-makers and communicators to integrate risk awareness into evaluation and planning rather than treating risk as a separate afterthought.

Usage and scope: The concept appears mainly in Finnish-language materials related to risk management, governance, and risk communication. It functions as a heuristic rather than a formal methodology, guiding discussions, checklists, and training to ensure risk considerations are embedded throughout a project lifecycle or policy process.

Principles and practices: riskiäMyös encourages explicit risk identification across stages, including uncertainties, dependencies, and potential adverse outcomes. It promotes balanced assessment alongside opportunity evaluation, transparent communication of risk signals to stakeholders, and scenario thinking to surface low-probability/high-impact events. Practitioners may pair it with risk matrices, qualitative assessments, and governance reviews to maintain accountability.

Reception and limitations: As a relatively informal term, riskiäMyös can help foster risk literacy but may also create ambiguity if not defined in context. Its effectiveness depends on clear definitions, consistent terminology, and integration with existing risk-management frameworks.

Origins and status: riskiäMyös does not represent a standardized methodology; rather, it reflects an evolving facet of Finnish risk discourse that emphasizes the inclusivity of risk information in decision-making. See also risk management, risk communication, and decision theory.