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
Vulnerability in business relationships
Today's journal article review is an article by professor Göran Svensson from Halmstad University in[...]
Committed Americans and Trusting Germans
Obviously, selecting the right third-party logistics provider (3PL) for your supply chain is an impo[...]
BOOKS and BOOK CHAPTERS
Appetite versus Attitude
Finally, and long overdue, another review in the Gower Short Guide to Business Risk book series. Thi[...]
Book Review: Transportation Network Analysis
Transportation Network Analysis by M. G. H. Bell and Yasunori Iida is a book for the expert rather t[...]
REPORTS and WHITEPAPERS
Highway Vulnerability and Criticality Assessment
Transportation vulnerability and resilience have been the focus of this blog for the past two days, [...]
Creating the resilient supply chain
This blog is about supply chain risk, business continuity and transport vulnerability, and while I h[...]
from HERE and THERE
The European Supply Chain & Logistics Summit
In the current financial downturn what should be - or what will be - on the mind of supply chain and[...]
Food commodity supply chains at risk?
Have the prices gone up at your local supermarket recently? Maybe your favorite chocolate is suddenl[...]