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Being and Doing. Intuition and rationality: their balance is the key to sustainable success.

Courses (and conferences) for entrepreneurs and business leaders by Gilles Placet and Franco Oboni Being and Doing. Intuition and rationality: their balance The first example of what is intended to be a long lasting format was given on 19 March 2015 to a small focus-group of international professionals in Turin, Italy. Both Gilles and Franco have an industrial and business background ranging from small businesses to large multinational corporations and from local to major international markets. Both of them have…

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Comparative Decision Analysis-Economic Safety Margin (CDA-ESM): finally an alternative to the obsolete NPV.

CDA/ESM have been included in our Edumine Risk courses for mining for many years. In 2010 we published the article (STOP PROCRASTINATING! NPV IS DEAD: USE RISK AS A KEY DECISION PARAMETER.) in the Canadian Reclamation which showed two mining applications. Is CDA/ESM more complex than NPV? Yes…like a motorcycle is more complex than a motorbike. The point here is that NPV will not take you anywhere safely, as it is misleading, especially for long term projects like mining ones. CDA/ESM…

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A risk perspective on the concerns raised by the liability of hauling dangerous goods

A risk perspective on the concerns raised by the liability of hauling dangerous goods Riskope thanks Federico Sasso for participating to this research during his summer 2014 internship. The recent Trichloroisocyanuric acid fire event in Port Metro Vancouver raised again concerns related to hauling dangerous goods, immediately reinforced by a new series of crude derailments in Canada, US. It is a topic that we are familiar with since Riskope have performed many risk assessment, and calibrated emergency response plans for…

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Optimum Risk Estimates, ORE

Optimum Risk Estimates, ORE ORE starts by asking its users to model the systems using a «fractal like» tile modelling tool (we call them jokingly “risk-engineering Lego”) which helps defining external and internal hazards and focuses the user attention to the interdependent performances of each node. ORE value proposition can be summarized as a quantified FMEA with the systematicity of a HAZOP, without the necessity to delve into the smallest components, at first, as ORE analysis/hazard identification is SCALABLE. Within…

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