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What is risk?

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What is risk, and how can it be expressed? Different international standards, such as the AS/NZS 3460 Risk Management Standard, the COSO ERM framework and the ISO 31000 Risk Management Standard do not provide adequate guidance for risk assessments and lack the necessary precision.

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ARTICLES and PAPERS
Supply chain agility - Risk mitigation and response
How does company culture shape a firm's risk mitigation and response, and thus, how does company cul[...]
Road Vulnerability
Today we are going back in time, to one of the seminal articles in road vulnerability. Katja Berdica[...]
BOOKS and BOOK CHAPTERS
Published. Not perished.
Publish or perish? Publish. It has taken its time, but finally it is there, the book that has my cha[...]
Book Review: Operations Rules
Operations Rules by David Simchi-Levi comes with an ambiguous title. You can read this two ways: 1) [...]
REPORTS and WHITEPAPERS
Future Value Chain Trends 2020
The twelve future trends that will shape value chains and supply chain management during this decade[...]
Supply Chain Security
Today's supply chains circle the globe and form the backbone of world trade and a are major factor i[...]
from HERE and THERE
Cutting costs or cutting risks?
One of the blogs I like to browse from time to time, particularly when looking for topics related to[...]
Balanced Scorecards for Supply Chains
Can balanced scorecards help assess your supply chain vulnerability or your exposure to supply chain[...]