Contact

Archives

Answer to cognitive biases, oversimplified assessments, vanishing flights and real life lessons

Answer to cognitive biases, oversimplified assessments, vanishing flights and real life lessons We were delighted to receive the following comment related to our last post  on LinkedIn: “… Your story captures very well the resultant false sense of security that can develop from the very success we all work so hard to achieve. Another dimension to that situation I think can be the dangerous thought that one can “survive” the unthinkable event. This can often be the case when there…

Read More

Cognitive biases, oversimplified assessments, vanishing flights and real life lessons

Cognitive biases, oversimplified assessments, vanishing flights and real life lessons It was a late afternoon in Tokyo, back in the year 2000. I was giving a presentation to a small group of executives from an Japanese airline. 9/11, Air France 447 and Malaysian Airline MH370 had not occurred yet. The subject, I am sure you’d guessed right, was risk management. I was talking about probabilities of events and long chains of small deviations that can lead to accidents. All of a…

Read More

A brief summary of deal failures and their consequences in the mining industry vs. environmental catastrophes. Complementary Information.

Deal failures and their consequences in the mining industry vs. environmental catastrophes After this post showing the share values at 5 years for Hess Corp.,ConocoPhillips,  Royal Dutch Shell plc (ADR),Chevron Corporation and  BP plc (ADR) some of our careful reader have commented that we forgot Exxon as a major oil company. Indeed if we graph the previous companies including Exxon we see that both BP and Exxon`share have stagnated in the last 5 years. On June 14, 2012, a bleeder plug on a tank in…

Read More

Summary of deal failures and their consequences in the mining industry vs. environmental catastrophes

Summary of deal failures and their consequences in the mining industry vs. environmental catastrophes In the last couple years the mining world has been shaken by a series of large “sour deals”. Among these “deal failures” consequences we can note the following “corporate casualties” list: Cynthia Carroll CEO of Anglo American said she would quit in Fall 2012. Not long after Marius Kloppler, the man behind the failed deal to acquire Potash Corp. Of Saskatchewan and the shale gas debacle…

Read More

Archive

Vancouver Digital Creative Agency Ballistic Arts Media Studios.