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Black Swan Events

Black Swan events – should we even bother? These events are practically impossible to predict, so instead of spending our efforts on quantifying and estimating them, maybe we should just let them happen?

Posted in ARTICLES and PAPERS
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ARTICLES and PAPERS
How to Design Mitigation Capabilities
There hasn't been a literature review on this blog for a while, so it's time to pick up where I left[...]
Importance and Exposure – Measures of Vulnerability?
Today I am presenting a paper from an old friend of mine. Well, "friend" is perhaps a slight exagger[...]
BOOKS and BOOK CHAPTERS
Book Review: How Nature Works
How Nature works is a fascinating book. I first heard of the late Per Bak and his sandpile theories [...]
ISCRiM 2010 Proceedings
Two weeks ago I attended the ISCRiM 2010 seminar at Loughborough University, a gathering of some of [...]
REPORTS and WHITEPAPERS
Risk management - Vocabulary
What is risk management in supply chains? The more I study supply chain risk management, the more co[...]
Managing supply chain risk
In September and October 2009 the Economist Intelligence Unit surveyed 500 company executives with r[...]
from HERE and THERE
Defining and Measuring Economic Resilience
Economic resilience, as defined a paper published by the Multidisciplinary Center for Earthquake Eng[...]
Lean logistics = risky logistics?
A posting on Evolving Excellence called Long is not Lean caught my attention the other day. The auth[...]