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Jurassic operational risk

Jurassic operational risk

While rewatching the original Jurassic Park film I began thinking about it from a risk management perspective. When Malcolm, Grant, and Sattler arrive on the island, all is well. The dinosaurs are secured behind fences and John Hammond and his…

By Trevor Levine | June 5, 2019 | ERM Basics, My Opinions, operational risk, Risk management | No Comments |
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Auditors, Risk Managers and Zombies

Day 1: Auditors and Zombies In a factory someplace, there are 20 workers whose job it is to continuously pass a ball to each other as quickly as possible. Watching this important work from a viewing area are 10 newly…

By Trevor Levine | April 30, 2014 | Humour, Risk management | 2 Comments |
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Risk management lesson washed away

  Here’s a story about a watermain break in the Montreal borough of Pierrefonds, Quebec which left about fifty homes without water for a couple of days. The West Island Gazette writes: Pierrefonds residents can expect two four-litre bottles of…

By Trevor Levine | January 29, 2013 | Uncategorized | No Comments |
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Broken windows

Once upon a time there were three little boys left unsupervised while on a field trip when one of them spotted a large crack in a window pane. So he tapped the glass once and nothing happened. Next, the second…

By Trevor Levine | November 13, 2012 | Uncategorized | 1 Comment |
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Beach risk management

I’m off to Virginia Beach later this month so it seemed fitting that today’s post has a beach theme. This quote comes from Chapter 7 of Nathan Englander’s book “The Ministry of Special Cases” and you should remember these words whenever…

By Trevor Levine | August 17, 2012 | Books, Risk management | No Comments |
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Don’t make fun of risk management

  There’s an intersection in my neighbourhood that makes me nervous to drive through. Imagine a quiet suburban street that goes north-south which intersects the east-west streets that only have stop signs. I’ve observed that frequently cars travelling east-west roll…

By Trevor Levine | August 15, 2012 | Uncategorized | 5 Comments |
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Bear risk management

My lovely wife wants to take me camping next weekend. I’ve never been camping but understand camping was a part of her life before we met. I’ve explained that I am not averse to camping despite the dirt, cold, sleeping…

By Trevor Levine | July 25, 2012 | Uncategorized | No Comments |
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Risk management and cognitive biases

If you’ve ever had the pleasure of putting many people in a room to discuss and assess risks you’d know that not everyone assesses every risk the same way. To some a particular risk is high, while to others it…

By Trevor Levine | July 9, 2012 | Books, Risk management, Thought Leadership | No Comments |
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The Great Plague of London and root causes of risk

One of the hardest parts in documenting your risks is figuring out the root cause of the risk being analyzed. If this is done poorly, we will spend time and money treating the wrong root causes and the risk may…

By Trevor Levine | March 27, 2012 | ERM Basics | 5 Comments |
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The Walking Dead and risk management

If there are two things you have noticed about this blog, I often write about zombies and the Moment of Risk Enlightenment. Today’s post combines both. (Note: This post contains spoilers about season two of the Walking Dead.) I was…

By Trevor Levine | March 20, 2012 | Books, ERM Basics, Humour, Risk management | 4 Comments |
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