The very recent tragic accident in the Sasago Tunnel in Japan brings memories of our first mission in that country, in the aftermath of the Toyohama Tunnel accident in Furubira Town (Hokkaido, Japan) on February 10, 1996 (Toyohama Tunnel Rockfall). The collapse of Toyohama tunnel crushed cars and a bus, killing 20 people in 1996. The causes of that failure were very different from the present case, but that’s not the point to be discussed here. At that time, local…
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Hemos hecho nuestros dos más recientes anuncios en italiano, comentando la “pobre cultura de riesgos de Italia” (no estábamos hablando de política, sino de casos como la extensa contaminación en Taranto y la sentencia de terremoto de L’Aquila), pero ahora tenemos otro interesante tema de conversación relacionado con el huracán Sandy y las consecuencias para los trenes de N.J. Como en general no confiamos en los “reportes informativos”, no vamos a discutir si los trenes realmente se inundaron o si…
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We have been writing our last two posts in Italian, commenting on the “poor Italian risk-culture” (we were not talking about politics, but on cases like Taranto wide-spread contamination or L’Aquila earthquake sentence), but now we have another interesting subject of conversation linked to hurricane Sandy and its consequences to N.J. Trains. We are not going to discuss, as we do not trust “reporting scoops” in general, if the trains were actually flooded or damaged by some other hurricane-linked phenomenon;…
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Solo pochi giorni fa pubblicammo su questo blog un articolo che dichiarava che “ Nessun manager si può più permettere, come recenti avvenimenti di cronaca industriale e legale italiana e mondiale hanno dimostrato, di lavorare “d’istinto”, su basi approssimative non quantificate e non giustificabili…” Evidentemente, pensavamo a casi come il sisma dell’Aquila ed i suoi risvolti legali, politici e mediatici, l’Ilva di Taranto, con tutto il suo fardello tossicologico, ed a vari altri casi italiani ed internazionali. Sono passati solo…
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Autorevoli studi (Harvard University) hanno dimostrato che una buona conoscenza quantitativa dei parametri decisionali, specialmente in periodi di forti incertezze come quello odierno, “ALLUNGA LA VITA” delle aziende. Valutare correttamente le decisioni aziendali (per esempio un’opportunità di dislocazione di produzione, l’apertura di una nuova filiale, il varo di misure di contenimento dei costi, una modifica del panorama assicurativo aziendale, etc.) permette di CREARE VALORE. Le decisioni basate sull’istinto possono riuscire, ed il loro promotore sarà ammirato, ma quando non riescono…
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Tailings Systems and Dams: ORE (Optimum Risk Estimates) help making better decisions and to avoid misleading the public. At Riskope (www.riskope.com) we are very proud of releasing our presentation at the Mining 2012, Keystone (CO) Conference. Tailings Systems and Dams: ORE (Optimum Risk Estimates) help making better decisions You can see and download the presentation for free here Riskope’s presentation at Mining 2012, Keystone (CO) Conference.
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While Talking with People about Risks it is not uncommon that people ask me what I do for a job. Once I tell them I am a Risk Management Consultant they ask: “do you work on financial risks?”. I generally reply that if they mean risks linked to banks I do not. However I quickly point out thar at the end of the day all risks are financial! If a lightning takes down the electric substation and your factory is…
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The CFO of a client of ours, a Swiss Luxury Watches company, called the other day in a panic. He told us: “I have heard from a guy who works in the World Health Organization in Geneva which deals with Health around the World that this year is going to be the year of a severe flu pandemic. I need help in evaluating potential financial impacts due to sick-leaves”. It was not to us to discuss whether the scenario of…
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