Lord Voldermort would make an excellent risk manager because when he identifies a risk, he assesses it and treats it immediately. Here are a few of my reasons but I welcome additional examples of his risk management in the comment…
Reputation risk: Is Delta Airlines the Mel Gibson of aviation?
Has Delta Airlines become the Mel Gibson of air travel? As Riskczar.com reported recently, Delta Airlines took a reputation hit because it was charging US soldiers $200 for shelping their four piece of luggage when returning from the War on Terror. Now,…
Reputation risk at Delta Airlines
Delta. What were you thinking? When a soldier is coming back from war, nothing says thank you and God Bless America like charging him an extra $200 for a fourth bag (containing his weapon no less). Thanks to the often…
Ottawa, an earthquake and reputation risk
During a break today, I was taking a look at the headlines at 680news.com. I most enjoyed the irony in the timing of MoneySense magazine’s announcement that Ottawa-Gatineau was ranked as the best place to live in Canada. Because at the…
Repuation risk: Losing radioactive material
I like when others try to tell me that reputation risk should be managed. My standard response is good luck: repuation risk is a second-order risk; if you manage your (primary) risks properly then you won’t generate repuation risk. Simple.…
Facebook unfriend risk management
Have you ever wanted to delete a Facebook “friend” but worried about the risk of them finding out? On the heels of last week’s “Facebook Unfriend Day” – an idea from comedian Jimmy Kimmel – comes a blog post called THE…
Porn risk management
I found it fascinating to read about the shut down at two Hollywood porn studios after it was learned an adult star tested positive for HIV. I know you’re wondering what might this have to do with risk management? Put…
Bad logo risk
The Gap got a lot of media (and blog) attention last week for introducing a new Helvetica font logo with a box in the upper right corner which was immediately met with negative public reaction. Some suggested it was designed…
Risks of Social Media
Last month when Paris Hilton was busted with 0.8 grams of cocaine in her Chanel purse, she defended herself by saying she borrowed the bag from a friend and it wasn’t her coke either. Sadly, the poor little heiress posted a…