Just taken part in an IIRSM seminar where the phrase "Black Elephant" was used. It is used to describe a huge risk in the organisation, which everyone knows exists, but no one wants to mention it or raise the subject as it could be a career threatening step. It is an amalgamation of black swan event and the elephant in the room.
How many of us have come across this type of thing in the past or present?
Black Elephant
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Alexis
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Re: Black Elephant
Bump.
"A candle loses none of its light by lighting another candle."
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dave247
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Re: Black Elephant
Not heard of it but very much like it as it has a place
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