Blog Archives

The capability concept

Capability is an important measure in adressing vulnerabilities and in assessing resilience. Is there a way to quantitatively describe what capability entails?

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What is risk?

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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Not all risk is risk

The article lists and discusses eight risk definitions, and then suggests an alternative and comprehensive definition that captures all aspects of risk.

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Risk versus vulnerability

In this paper safety and security are brought together in a unifying risk and vulnerability framework that covers both accidental and malicious events.

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Certain death: Not risky. Uncertain death: risky.

It is only when the consequences of actions and events are uncertain that these actions and events are truly risky.

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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[...]
How to secure your supply chain - 4/7
My previous post was part three of a series based on the Swedish business continuity handbook titled[...]
BOOKS and BOOK CHAPTERS
Book Review: Heads in the sand
Finally, after 5 days of volcanic ash cloud posting, I can return to my regular topics of supply cha[...]
Risk Management in Global Supply Chain Networks
Supply Chain Risks can be classified as either one of these three, Deviation, Disruption or Disaster[...]
REPORTS and WHITEPAPERS
Supply Chain Security
Today's supply chains circle the globe and form the backbone of world trade and a are major factor i[...]
Infrastructure - essential for competitiveness?
Regular readers of this blog may have noticed my regular rants about the state of the Norwegian infr[...]
from HERE and THERE
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[...]
Robustness, flexibility and resilience
In a previous paper, back in 2004, I discussed the issue of Flexibility and robustness as options to[...]