Public Risk

Myopic Voters and Natural Disaster Policy

Andrew Healy, Loyola Marymount University, and Neil Malhotra Stanford University In our democratic system citizens vote for their representative politicians, elected councils as well their public leaders, governors and governing councils. But what about the perception by citizens of how risks are handled by their leaders and what about citizen’s appreciation of proactive thinking by councillors related to public risks when it comes […]

The secret of risk management

John O’Dea Risk Management is as old as Methuselah. Although there are no records in the book of Genesis that indicate that Adam and Eve carried out a risk assessment, their world and ours might have been a different place had they given it some thought. The world might also have been a different place had the developed nations – […]

Upheaval: Turning Points for Nations in Crisis

Jared Diamond | Little, Brown and Company A “riveting and illuminating” (Yuval Noah Harari) new theory of how and why some nations recover from trauma and others don’t, by the Pulitzer-Prize-winning author of the landmark bestsellers Guns, Germs, and Steeland Collapse. In his international bestsellers Guns, Germs and SteelandCollapse, Jared Diamond transformed our understanding of what makes civilizations rise and […]

12 Principles of Good Governance and European Label of Governance Excellence (ELoGE)

Source: Council of Europe Good Governance – the responsible conduct of public affairs and management of public resources – is encapsulated in the Council of Europe 12 Principles of Good Governance. The 12 Principles are enshrined in the Strategy on Innovation and Good Governance at local level, endorsed by a decision of the Committee of Ministers of the Council of Europe in […]

Allianz Risk Barometer 2019

Source Allianz. Technology is breeding new threats as well as business models. Traditional risks such as natural catastrophes continue to challenge while other threats such as cyber, neck-and-neck with business interruption at the top of the Allianz Risk Barometer 2019 for the first time, reputational risk, increasing exposure to intangible assets and volatility and consolidation in the corporate environment evolve […]

Global Risks Report 2019

The Global Risks Report 2019 is published against a backdrop of worrying geopolitical and geo-economic tensions. If unresolved, these tensions will hinder the world’s ability to deal with a growing range of collective challenges, from the mounting evidence of environmental degradation to the increasing disruptions of the Fourth Industrial Revolution. The report presents the results of our latest Global Risks Perception […]

Climate of Hope

The 2016 election left many people who are concerned about the environment fearful that progress on climate change would come screeching to a halt. But not Michael Bloomberg and Carl Pope. Bloomberg, an entrepreneur and former mayor of New York City, and Pope, a lifelong environmental leader, approach climate change from different perspectives, yet they arrive at similar conclusions. Without […]

Catastrophic risks: How can we assess and manage them?

By Ortwin Renn, Klaus Lucas, Armin Haas, Carlo Jaeger. Institute for Advanced Sustainability Studies.  Many catastrophic risks are major threats to the wellbeing of society. Such risks are called systemic risks. They threaten the functionality of vital services to society such as electricity production, water supply, climate stability, cyber security and amny others. With the assisatnce of complex models we may […]

Renewing PP-Partnership

By Eulalio Avila Cano  & Rainier D-Haussonville. Infrastructure investment needs in Europe are driven by consumer trends and expectations, climate and resources pressures as well as the need to meet the requirements and objectives of an evolving European regulatory framework. It is paramount that the current economic circumstances and generalized public budgetary constraints do not take their toll on implementations […]

Public Values and Risks

By Jack Kruf. From the many meetings with public leaders and city managers in the last five years emerged a personal (growing) conviction that the interpretations and definitions of the terms ‘public value’ and hereto related ‘public risk’  have become highly diversified. This diversification makes a sharp and focused dialogue between institutions (business, media, non-profit, government and science) in the […]

Reconsidering the Public-Private Risk Sector Management Divide

By Peter C. Young PhD. Five years ago I wrote a short article entitled, “Public and Private Sector Risk Management: Is There a Difference?”  In that article I stated that while there is strength to the argument that ‘management is management’ and that leadership in any type of organization calls on common knowledge, skills and abilities, there are distinctions and […]

Struggling with transparancy

Clear risk reporting creates value By Marinus de Pooter en Cees Visser* Organisations benefit from high-quality reporting about riskmanagement. Stakeholders greatly appreciate receiving information about risks and about the way in which an organisation is managing these risks. Another benefit is that clear reporting forces the board to take stock and draw up a list of the risks and risk […]

Uncertain safety

By Inge Sebregts. An interview about public risk policy and the report Uncertain Safety of the Dutch Scientific Council for Government Policy (WRR) with Commissioner of the Queen of the Province of North Brabant Wim van de Donk.In 2008 the report Uncertain Safety was published by the Dutch Scientific Council for Government Policy (WRR). Chairman of the Board at that […]

Risk Leadership

In January 2007, PRIMO Danmark launched their national guide on (public) risk management Risikoledelse – En Kommunal Opgave. The guide was endorsed by the Danish Minister of Interior, Lars Løkke Rasmussen, who wrote the preface to the guide. “Every day, local authority managers make decisions involving risks; that is, decisions involving significant uncertainty. It is important to note that these […]