Risk Management is not a Fairy Tale, but sometimes strange things happen!

Risk Management is not a Fairy Tale, but sometimes strange things happen!

Aug 2nd, 2012

Two months ago Riskope was invited to give a presentation in Geneva, to an international group of Critical Infrastructures Owners and Managers (Power, Utilities, Distributors, Generators, Oil & Gas, Telecom, etc.). Risk Management is not a Fairy Tale, but sometimes strange things happen!

Risk Management is not a Fairy Tale, but sometimes strange things happen!

Risk Management is not a Fairy Tale, but sometimes strange things happen!

Right in the middle of my speech my cell phone rang! I was very upset. In more than twenty years of honorable career as a public speaker I had never made such a silly mistake. I left my phone on, silent-mode off!

At the end a delegate from the US department of State asked how many Riskope’s ORE clients are Fortune 500 companies.

My reply was very candid. “Sir, as Fortune 500 is a US corporations’ list, I have to give you a “double reply”. “No, we do not have, at this time, any US corporate client”. “YES, we have Fortune 500 calibre non US corporate clients”.

It was only a couple days after that the mid-conference caller and I finally spoke.
Well, it turns out it was a person from a Fortune 500 (actually way up there…among the top ten) corporation. He said they had sought a company that could support their endeavors with specific Risk Management needs, and had selected Riskope.

We have started working for that corporation and we look forward to serving them with the best of our skills, experience and methodologies.

Fairy tales and Risk Management do not seem to fare well together, but this sure is a nice story, with a happy ending. We wanted to share it with you even if, for once, it is not technical or scientific.

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Category: Optimum Risk Estimates, Probability Impact Graphs, Risk analysis, Risk management, Tolerance/Acceptability

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