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How to bounce back from the Responsible Mining Foundation grim report with sustainable actions

13-02-2019

How to bounce back from the Responsible Mining Foundation grim report with sustainable actions is a response to their statement: “Too often, workers, mining-affected communities, governments and investors are kept in the dark about the risks involved and how well companies are addressing these risks. Companies may be reticent to publicly reveal this potentially detrimental and sensitive information, yet it is workers and communities whose lives and livelihoods depend on adequate protection measures being in place”. Mining needs methodologies for…

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Perform operational, tactical and strategic planning avoiding limbic brain traps

6-02-2019

We taught MBA students how to Perform operational, tactical and strategic planning avoiding limbic brain traps. During the MBA held at the Turin Business School we ran three exercises geared towards that goal. The exercises 1. A risk assessment on personnel flights This one had the goal to enhance awareness on the need to define the system and the success criteria. It took them a while to formulate the success criteria. Before they did they were considering all possible hazards…

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Corrego do Feijao near Brumadinho Dam Failure

30-01-2019

Our hearts are saddened to comment on the trajedy around Corrego do Feijao near Brumadinho Dam Failure. (Image: Portal R7.com | Twitter.) At this time we only have fragmentary data from the media. Thus we will focus on “peripheral” but very important concepts that seem to get lost in the aftermath of each new tragedy. These concepts emerged in the paper entitled A systemic look at tailings dams failure process, presented at Tailings and Mine Waste 2016, Keystone, Colorado, USA, October 2-5,…

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One of the Best Online Business Analyst Courses uses Riskope definitions.

23-01-2019

We are happy to see One of the Best Online Business Analyst Courses uses Riskope definitions. The course entitled Three Emerging Careers for Business Analysts from udemy teaches to define strategic, tactical and operational business planning techniques, audiences, and results. One of the Best Online Business Analyst Courses uses Riskope definitions. The course by Tom and Angela Hathaway ranks among the seven best business analyst courses following Webcourse World. Business analysis aims to define a future that will allow an organization to achieve…

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Improving Sustainability through Reasonable Risk and Crisis Management

16-01-2019

Improving Sustainability through Reasonable Risk and Crisis Management is the title of our 2007 book. The book has sold through our website in 34 countries to individuals and CxOs eager to get a look into quantitative and rational risk management. Today, one can easily state that sustainability is a big topic in the Western chemical and mining, oil & gas industries. Companies want to be sustainability leaders although in some cases their claim sound more like PR campaigns. A recent…

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Information systems and risk management

9-01-2019

Information systems and risk management discusses the necessity to create a structured and holistic view on all corporate information. Therefore we look at and how the holistic view should relate to upside and downside risks. Information systems are the set of analytical applications geared toward preparing corporate or project system’s data for business analyses and support to risk informed decision making. Downside risk is the product of the probability of occurrence of a hazard by the cost of the undesirable…

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Cryptominers exploit miners vulnerabilities

2-01-2019

Miners are under a new attack as Cryptominers exploit miners vulnerabilities. Programs that hijack computer resources to mine cryptocurrencies without permission are indeed a new threat in the list. In summary, the “old list” for miners reportedly encompassed for example: Ransomware, which holds a company’s data hostage until a ransom is paid. data leaks. worms that could break down equipement “a la” stuxnet focussing on the SCADA system. However, the real-life general list is way longer, as witnessed by a…

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