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…
Mark Zuckerberg is the new Moses
Something I read at Global Risk Community got me thinking about Mark Zuckerberg. Boris Agranovich summarized the impact of social media on current events in this post “Social media triggers a revolution in the Arab World“: In the previous issue…
Risks, root causes and downstream effects
One of my fellow risk management thought leaders posted a great article on what he calls the Five Coulds which is not unlike the 5-Whys tools used in Lean Six Sigma; a root cause drill down technique. I’ve been a…
Tiger Woods reputation risk
Reputation is harmed when some other issue makes reputation an issue. It’s nice to add reputation risk to your risk register, but what are you going to do about it? What actions will you take to proactively avoid, transfer or…