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
A conceptual framework for supply chain vulnerability
Today's article is one of the earlier works on supply chain vulnerability, published in 2000. A conc[...]
Managing risk in global supply chains
The book Strategies for Building Successful Global Businesses, by the INSEAD-Wharton Alliance on Glo[...]
BOOKS and BOOK CHAPTERS
Book Review: Reputation Risk
Reputation. Not only is it practically impossible to measure, its value is also frequently underesti[...]
Book review: Handbook of Transportation Engineering
Comprehensive and all-encompassing, the Handbook of Transportation Engineering by Myer Kutz (editor)[...]
REPORTS and WHITEPAPERS
Global Risk Reports
While waiting for the World Economic Forum Global Risk Report for 2009, the continuation of the Glob[...]
The Benefits of Investing in Supply Chain Security
With the memory of attacks by Somali pirates still fresh in mind, supply chain security has come to [...]
from HERE and THERE
The Box is back!
Finally, the BBC Box has returned home, as I was made aware of from a post on @risk the other day. I[...]
Sustainable Manufacturing Summit Europe
Soaring fuel prices combined with increasing awareness of the need to adapt for a low-carbon future [...]