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…
Operational Risk: The Truth Is Out There
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…
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…
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…
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…
Confessions of a risk manager
My 14-year old son recently bought himself a not-so-inexpensive bike with his own money. On the Monday after the purchase he wanted to take the bike to school. I advised against this as he had a pretty lousy bike lock.…
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…
The Night’s Watch and the Wall of risk management
In the series A Song of Ice and Fire which begins with the book A Game of Thrones, by George RR Martin, we are introduced to the Wall and the Night’s Watch. The Wall is an immense fortification on…
The iPhone 4S of enterprise risk management
Last year Apple released the iPhone 4S and critics pointed out it was pretty much the iPhone 4 with a big-s glued on. Although there were some minor improvements from the iPhone 4, overall it was pretty much the…
Angry Birds risk management
I’ve been playing quite a bit of Angry Birds ever since I got my Samsung Galaxy Tab for my birthday. I love this game. The objective of course is for birds (each with their unique strengths) to destroy the structures…