Today, Lance Armstrong’s hopes of winning an eighth Tour de France victory were destroyed after being involved in 3 crashes that delayed his climb up to the Morzine Avoriz ski resort. Fortunately, Team Radio Shack still has Levi Leipheimer in the mix. Lance can now support his teammate in his effort to win.
What risk management lessons can we learn from Lance’s bad luck? Certainly, Lance could not control the field and the crashes that blocked his way. He has proven himself as one of the most talented cyclist in the history of the sport and so it would not be reasonable to criticize his bike handling skills.