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
Outsourcing – risking it all?
"The world is at risk and the supply chain is not exempt." Are you scared? "Supply risk used to be d[...]
Risk management: core competence?
Is risk management overlooked as an important source of competitive advantage? That is the question [...]
BOOKS and BOOK CHAPTERS
Book Review: Managing Risk and Resilience in the Supply Chain
This book is a gem. To me. Where Helen Peck in her article Reconciling supply chain vulnerability, r[...]
Transportation Hazards
This is an updated and extended review of  the Handbook of Transportation Engineering by Myer Kutz ([...]
REPORTS and WHITEPAPERS
Will Climate Change have an impact on transportation?
Many studies have already examined the potential impacts of climate change on broad sectors of the e[...]
Global Risks 2012
Are economic imbalances and social inequality risk reversing the gains of globalization? Should we s[...]
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[...]
Humanitarian and military supply chains side-by side
The recent earthquakes in Samoa in the Pacific and in Padang in Indonesia are a poignant reminder fo[...]