With new episodes of 1990s hit series The X-Files airing in January, it got me thinking about the show’s tagline “The Truth Is Out There” and how it applies to the cloak and dagger world of operational risk. The X-Files…
Dan Gardiner, optimism and iceberg risk
Dan Gardner writes in Chapter 3 of his book Future Babble: “Overconfidence is a universal human trait closely related to an equally widespread phenomenon known as ‘optimism bias’.” This overconfidence often leads us to assess our risks poorly. We all…
Baseball and risk management
One day we will send a man to the moon and bring him home safely. One day we will elect a black President. One day the Montreal Expos will win a World Series. One day we will drive flying cars…
Promote a culture of Truth
My 11-year old came home from school this week and told me he got into trouble and was sent to the office. At lunch, he was horsing around with his buddies and threw some lunch meats at each other. Fortunately,…