“Risk obesity” occurs when there is too much risk in the system, resulting from uncontrolled risk appetite (Hillson, 2014). This can affect the business as a whole if strategic risk-taking decisions by the senior management team lead to risk exposure that is greater than the organization can manage. But risk obesity can also occur at the project level, when a particular project is carrying levels of risk that are too high, posing a significant threat to the project’s success.
Professor John Edwards joined the Management Centre (now Aston Business School) as a Lecturer in Operational Research and Systems in 1978. After weathering many challenges during the 1980s, he rose to the position of Senior Lecturer in 1991, followed by Head of Group, Deputy Dean and Dean. Today, as Emeritus Professor of Aston Business School, he looks back on a raft of changes, to both his subject and the campus as a whole.