Sometimes in an effort to treat an issue, we generate a different risk or increase an existing one in the process. Many of us can relate to when the internal auditors come in, look at existing processes and weak controls…
Review of Keith Baxter’s book Fast Track to Success: Risk Management
When Keith Baxter published his book Fast Track to Success: Risk Management, I tweeted to him I would read it during the Christmas break last year then review it. At that time I was about halfway through 4100 pages of…
When I say evacuate, I mean evacuate NOW
In today’s post, I write about the December 2010 article “To Leave an Area After Disaster: How Evacuees from the WTC Buildings Left the WTC Area Following the Attacks” by Rae Zimmerman and Martin F. Sherman. It compliments my earlier…
Nurse risk management
For those of us who wake up every morning, put on our suits and ties and head off to our risk management jobs only to spend the day thinking about fat tails, ISO3 1000 or business continuity, compared to the risk management…
The Unthinkable by Amanda Ripley
I’ve just updated the Risk Quotes page with a few lines from Amanda Ripley’s book The Unthinkable. It’s an excellent read for anyone responsible for business continuity planning, risk management or even if your are just the fire warden on…
De-risk writes about Black Swans
I would like to introduce readers of Riskczar.com to the De-risk blog. Have a read at this post about Nassim Talib’s The Black Swan and poke around his blog for some other great posts. In 2008, Nassim Nicholas Talib published…
Twilight risk management
With New Moon, the second installment of the Twilight movie saga set to come out this week, I thought I would examine four types of risk treatments from the Edward Cullen point of view. They are ACCEPT, AVOID, TRANSFER and…
The Blind Side – how risk managers are like lineman
The following post is a summary of an article written by Beaumont Vance in Risk Management Reports (February 2008) where he drew comparisons between the role of the Left Tackle (described in Michael Lewis’s book The Blind Side) and the…
Review of Stick Out Your Balance Sheet and Cough
I have three expectations when I read business books: they should be fun to read, void of any Greek letters and equations, and when I am done, I have taken away a few golden nuggets of information. Stick Out Your…
Business Under Fire
There are a series of articles published by RiskTech which are quite interesting on risk management in various industries; the one I read was on hotel risk management but it only scraped the surface of hotel risk management. (BTW, the…