Blog Archives

The six ways of dealing with risk

Avoid, Reduce, Transfer and Retain or Accept are the classic four ways of dealing with risk in a risk matrix. However, there are two more: Exploit and Ignore.

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Enterprise-wide Risk Management

DeLoach has a refreshing new approach to risk management that is is cross-functional, integrated and adaptable in the face of constant change, simply because traditional risk management approaches are no longer adequate

Posted in BOOKS and BOOK CHAPTERS
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ARTICLES and PAPERS
Ménage à trois - the good, the bad and the ugly
No, it's not what you think it is, but I could not think of a more fitting title (to attract more re[...]
What is risk?
What is risk, and how can it be expressed? Should risk be defined through probabilities or should ri[...]
BOOKS and BOOK CHAPTERS
Book Review: Global Supply Chain Management
The Handbook of Global Supply Chain Management is an excellent book. My interest in it stems from th[...]
Supply Chain Risk - Jetzt auch auf Deutsch
Unbeknown to me - or perhaps I really should have known better - there appears to be a large body of[...]
REPORTS and WHITEPAPERS
Calculating the Value-at-Risk
Some of you may remember that I posted about the SCOR Framework for Supply Chain Risk Management ear[...]
Critical Infrastructure and Resilience
What happens when a business is disabled for a length of time? What are the impacts on its profitabi[...]
from HERE and THERE
The Swedish Road Network - Vulnerable or not?
The Royal Institute of Technology in Stockholm, Sweden KTH is in the finishing stages of a research [...]
Thanks to Somali pirates no Santa is coming this year?
In a previous article, 2 weeks ago, I voiced my opinion on whether Somali Pirates can shut down Euro[...]