Blog Archives

The six ways of dealing with risk

Avoid, Reduce, Transfer and Retain or Accept are the classic four ways of dealing with risk in a risk matrix. However, there are two more: Exploit and Ignore.

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Risk Management: Contingent versus Mitigative

Risk management needs to address both sides of the risk: what lies behind the risk (source) and what lies in front of it (consequences).

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ARTICLES and PAPERS
Sheffi's Resilient Enterprise and supply chain risk
It is unfortunate that many companies still leave risk management and business continuity to securit[...]
Not all risk is risk
How to define, understand and describe risk
I had planned to post this yesterday, when I was taken by surprise by the most severe supply chain a[...]
BOOKS and BOOK CHAPTERS
Book review: Networks and Algorithms
If you are into network analysis of any kind, this book teaches you the basics. As the name implies,[...]
The Handbook of Business Continuity Management
As I said in my post yesterday, Supply Chain Risk Management (SCRM) has many similarities with Busin[...]
REPORTS and WHITEPAPERS
The supply chain of the future
A recent report by IBM, referenced by Supply Chain Digest in IBM Lays Out its Vision for the Supply [...]
Global Risks 2009 - Countries at risk?
How will the current financial downturn affect supply chains? That's what we all wonder about, isn't[...]
from HERE and THERE
CNN: The Gateway
Hosted by news anchor Becky Anderson, the CNN Gateway is a series that goes behind the scenes of the[...]
International Transport Economics Conference 2009
If you haven't already done so, make sure to bookmark this conference in your calendar. The Internat[...]