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
When your supplier goes bust...
...what do you do? Is so-called supplier default something you have even thought about? And what if [...]
Call for papers: Humanitarian Logistics
With resilience as one the main themes for this blog, from time to time I have written posts on disa[...]
BOOKS and BOOK CHAPTERS
Book Review: Enterprise SCM
Have you ever played SimCity? I never liked Transport Tycoon that much, but I used to play SimCity a[...]
Book review: Networks and Algorithms
If you are into network analysis of any kind, this book teaches you the basics. As the name implies,[...]
REPORTS and WHITEPAPERS
Saving Norway's crumbling infrastructure
NTP 2010-2019
Following up my post this morning called "D-Day for Norway's Transport Infrastructure", the numbers [...]
Supply chain disruption risk on the rise
Global supply chains are increasingly becoming more vulnerable to potential disruption to trade, say[...]
from HERE and THERE
Oslo airport shut-down...lessons learned?
Two days ago, Norway's major airport, Oslo Gardermoen (OSL) practically shut down due to weather con[...]
The BBC box
I usually watch the BBC World Business Report every morning and today I learned that BBC News is fol[...]