Re:What If Linus Torvalds Gets Hit by a Bus? (2000)
by wjnc on Monday December 31, 2018 @01:57PM
(#18796225)
Actuarially, just go with 1 per 1000 employees for bigger companies. Go 1 in 3000 as a lower boundary, but as high as 1/500 or less for companies with older or lower skilled employees.
I do agree with other commenters that your procedures should keep you safe in case of regular churn (say 1 in 3 to 1 in 10) or even non-regular churn (say due to a toxic team-lead and a whole team quitting).
Ideally procedures should be in place that treats all these events quite equally and favor robust practices.
Re:What If Linus Torvalds Gets Hit by a Bus? (2000)
by jacquesm on Monday December 31, 2018 @03:35PM
(#18796827)
Upper management tend to travel quite a lot and tends to be under high levels of stress. So turnover there, due to buses, disease, burn-out or other mishap is substantially higher than in the population at large. And of course they can simply stop showing up one day for reasons all their own as well. In all of those cases it might as well have been a bus.
It is an interesting phenomenon that I hear several times per year 'but what are the chances of this actually happening?'. The chances in any particular case are pretty good. But with 43 companies we looked at in 2018 and 100+ over the last years there are multiple such instances that I can refer to so even if the chances are not super high they probably are a lot higher than you think they are!