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Riskope’s Holiday Whishes

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Risk perception, corporate prestige, psychological factors, alibi and denial.

Roughly ten years ago we were invited by a very famous and prestigious European Railways company (NB: the company name is covered by confidentiality and we have also slightly altered the story to further protect the identities of the implied parties) to give a seminar to top management. European Railways companies are “state owned” enterprises, thus their Boards generally have CxO who either are administration veterans or politicians. Men of great experience, but traditionally poorly inclined to follow the rapid…

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