Primo

Source: Harvard Business Review, October 2009 with by Nassim N. Taleb, Daniel G. Goldstein, and Mark W. Spitznagel “We don’t live in the world for which conventional risk-management textbooks prepare us. No forecasting model predicted the impact of the current economic crisis, and its consequences continue to take establishment economists and business academics by surprise. [...]

Continue Reading This Post...

Source: Harvard Business Review, October 2009 with Robert S. Kaplan, Anette Mikes, Robert Simons, Peter Tufano, and Michael Hofmann. Moderated by HBR senior editor David Champion. “Five experts discuss the future of enterprise risk management. David Champion: How predictable was the financial meltdown of 2008–2009? Was it a Black Swan event or, rather, analogous to [...]

Continue Reading This Post...

By Kevin Knight The air traffic crisis provoked by the Icelandic volcano eruption, with its accompanying economic and societal effects, is analyzed through the lens of the ISO 31000 risk management standard by the leader of the group of ISO experts who developed it. The cloud of ash from the Icelandic volcano which has wreaked [...]

Continue Reading This Post...

Our point of view In response to the financial crisis, policymakers around the world are actively considering corporate governance reforms to improve the effectiveness of boards of directors. Ernst & Young believes that effective boards are vital to well-governed and successful companies and strong capital markets. For this reason, boards should make the changes necessary [...]

Continue Reading This Post...

Part of the lecture “Truth, authority and policy in the twenty-first century” by Lisa Anderson (source The Thinking State, WRR Lecture 2007) “Considerable behavioral research suggests that the further away in both space and time a prospective risk seems to be, the less likely we are to take action to address or mitigate the risk [...]

Continue Reading This Post...

26th March 2009, Alarm Launches National Competencies for Risk Managers White Paper. We recommend to join this project, managed by Peter Andrews, Vice Chair of Alarm. The National Competencies for Risk Managers Discussion Document sets out a definition of the role of the public risk managers and the skills, behaviours, knowledge and understanding which underpin [...]

Continue Reading This Post...

Considering the fact that many surveys and studies bring forward the vulnerability of the human factor in all kind of processes, and that risks seems to emerges as human mistakes, it is good to know the background and environment of human behaviour at work. We think that the Risk Observatory of the European Agency for [...]

Continue Reading This Post...

Introduction Report World Economic Forum “At the core of this year’s overview of risks to the global community over the next decade is a fundamental disconnect between risk and mitigation. Expert opinion suggests that levels of risk are rising in almost all of the 23 risks on which the Global Risk Network has been focused [...]

Continue Reading This Post...