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
Supply Chain Flexibility in Strategic Networks
A supply chain as a virtual enterprise network. That is the underlying reasoning in the 2009 paper H[...]
Measuring supply chain risk management
This paper was suggested by one of my readers, and upon reading it I must admit that it IS one of th[...]
BOOKS and BOOK CHAPTERS
Can your business take a blow?
Are you prepared for whatever mishaps your business throws at you? If you're not, you better start l[...]
Book review: Transport - Economics and Management
Kept at an executive level, Transport: An Economics and Management Perspective by David A. Hensher a[...]
REPORTS and WHITEPAPERS
Infrastructure - essential for competitiveness?
Regular readers of this blog may have noticed my regular rants about the state of the Norwegian infr[...]
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
Is Your Supply Chain Vulnerable?
Recently I came across a report on Supply Chain Vulnerability published as early as 2002 by the Cran[...]
Supply Chain Risk Management Survey
Effective Supply Chain Risk Management has become one of the key ways of securing competitive advant[...]