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…
The winding rivers of risk management
In the novel Time and Again by Jack Finney, he writes about Einstein’s theory of time travel this way: “we’re mistaken in our conception of what the past, present, and future really are. We think the past is gone, the…
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…
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…
Ned Stark. Hand of the King. Chief Risk Officer.
Eddard (Ned) Stark, Lord of Winterfell, is a protagonist in the book A Game of Thrones by George R.R. Martin. He is principled and tells the truth and believes in honour and justice. Ned would make an excellent Chief Risk…
Dora the Explorer and too much risk
I used to watch Dora the Explorer with my daughter, a cartoon about a “7-year-old girl who embarks on a trip in every episode in order to find something or help somebody”. In every show she consults the map in…
My appetite for risk and cheesecake
On a trip to Portugal and Spain last month, my brother elected to take a minor detour and visited Morocco in the midst of “a revolution sweeping the Arab world” as he wrote on his blog. He was monitoring the…
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…
What Israel can teach us about managing risk
This article appeared in the Toronto Star on December 31, 2009. While we are holding people up at airports and making them throw out bottles of mouthwash and shampoo, the Israelis seem to have figured out how to manage their…
Hofmann writes about Tiger Woods and ERM
Mark A Hoffman writes in Business Insurance about a few topics near and dear to me: Tiger Woods and enterprise risk management. Have a read at this article and then search for some of the Tiger Woods-related posts published at…