Humanity has always been intrigued by events which would destroy it. The Gilgamesh epic leads to the Babylonian flood myth leads to the Biblical story of the Flood which (almost)…
Category: Risk Management
Reasonable Worst-Case Scenarios
We’re hearing a lot from Government about “reasonable worst-case scenarios” at the moment. At first sight it seems sensible. We need to think beyond the “base case” or “central case”,…
Cyber Risk - Should boards be concerned?
The short answer is ‘yes’. Boards should be very concerned. Cyber risk is a growing threat for all organisations. If an organisation has not already suffered a cyber attack it…
Compromise risk: ‘cake-and- eat-it’ syndrome
Viral epidemics have been part of human civilisation for centuries. Black Death in the fourteenth and Plague in the seventeenth, are only the most famous but there were many more…
Political risk & the right strategy
Selecting the right risk mitigation strategy is always a matter of choice, the future is uncertain and the default human response tends to be risk aversion. Some uncertainties can be…
Risk – how do you see your future in the glass
Risk as a management discipline gets a poor press. Like a hapless government agency it often appears that it has been set up to fail, due to unrealistic expectations of…