Clouds of Vagueness
Wanderings
What’s the use of risk?
This week the the IRM held its Annual Lecture at the Willis Building. This is a longstanding sponsored breakfast event which used to be held at the old Willis building at Ten Trinity Square. It’s usually a thought-provoking occasion though since Willis’s move to Lime Street health and safety considerations have somehow stopped them dishing up bacon and sausage sandwiches. Such […]
Three to one
The power of a nice soundbite … The title of this site is based on a quotation that I, personally, find a very evocative expression of the risk in business problem. I was reminded of another elegant problem framer whilst getting stuck into Antifragile, Nassim Nicholas Taleb’s final volume of his trilogy on risk. This, like […]
Nate Silver – risk geek superhero
Before the moment has passed I thought it would be a good idea to celebrate a hero who sputtered across the UK firmament just after the US presidential election. Apart from its intrinsic interest, this post will serve as a placeholder until I get round to having a closer look at what happened and see what […]
Where did the BBC go wrong?
It is a truth universally acknowledged that having some kind of ‘best practice’ (enterprise) risk management system will keep you out of trouble. Well, it is if you read the standard risk management stuff, books on reputational risk management and the like. But as the BBC’s reputation stands in tatters it’s worth asking what went wrong. Is it the […]
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