Risk management and the 3 pigs tale

As promised on twitter, here the fairy tale from another point of view.

The three little pigs told their parents that they wanted to move out. The parents, being caring as they should, wanted to be sure that their piglets knew what adventures they were facing.
The pig parents were glad to see that their piglets identified the main risk out in the woods correctly: the big bad wolf. He certainly was a big risk, as the probability of an encounter was high, and the consequences of such encounter serious, probably leading to death.
The piglets presented their risk management plans.
The first one decided to build a wolf-proof house made of bricks and mortar. This should be enough to neutralize the risk. But, additionally, he bought a rifle. Being a good handyman, he certainly knew how to handle a gun and an encounter with the wolf would be a short-lived occasion.
The second pig decided to build a less expensive house with timber and wood. He knew his house was not too strong and, in an attempt to divert the risk, he signaled the surroundings of his home with signs and directions to Little Red Hood's granny's house. Maybe not very ethical, but, after all, he IS a pig.
The third little pig was nature loving and a pacifist. He built a lightweight, environmentally optimized living space out of straw and some natural fibers from organic extraction out of Venezuela. He believed in dialog, and set up a solar powered information kiosk which provided well researched information based on the latest researches on the benefits of vegetarian diets. Using the latest neurolinguistics approach, he convincingly presented the hazards of the ingestion of pig meat.

Well, you know the rest of the story. This version of this fairy tale was presented to us by our Services Management teacher, Barry Cross. I added my touch here and there, it was quite amusing.