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
Six levels of risk management
In spite of all efforts to design safer systems, we still witness severe, large-scale accidents. A b[...]
Supply Chain Risk Management - A relationship approach
I could have just re-used the title on my post on risks in supply networks from a couple days ago an[...]
BOOKS and BOOK CHAPTERS
Book Review:Managing Risks in Supply Chains
To make up for yesterday's perhaps overly harsh critique of just one article from this book, this is[...]
Security and continuity of supply
Aah...the intricacies of the English language. Not supply (chain) security, but the security of supp[...]
REPORTS and WHITEPAPERS
Supply chain vulnerability: an invisible global risk?
Supply chain disruption - a global issue? All companies and governments dependent on external suppli[...]
Infrastructure - essential for competitiveness?
Regular readers of this blog may have noticed my regular rants about the state of the Norwegian infr[...]
from HERE and THERE
Why we need to think the unthinkable
Immediately after September 11, 2001, "critical infrastructure" and "vulnerability" seemed to be the[...]
MITIP 2011 in Trondheim, Norway
This conference is a bit on the sideline for the topic of this blog, but since I have promoted it bo[...]