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One world, 16 common human traits

As a Risk & Crisis Manager working all over the world supporting corporations, governmental agencies and individuals in their decision making and alternatives selection process we have learned that we, human beings, share very strong and significant common traits, 16 common human traits, despite the apparent huge differences contributing to make our world such a colorful and wonderful place. We are neither psychologists nor sociologists, so we will leave the discussion related to the origins of these common traits to those specialists.…

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A solution to “Tech-Speak”, technical risk words, and obscure definitions in Risk and Crisis Management

In order to find  a solution to tech-speak, technical risk words, and obscure definitions in Risk and Crisis Management, when we wrote our Book we also inserted a Glossary. A solution to Tech-Speak, technical risk words, and obscure definitions in Risk and Crisis Management Please refer to it if you want to make sure about the meaning of any term you will find in this blog and Risk and Crisis Management information sources. The definitions in the Glossary are “generally…

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Denial of Insurance Coverage plagues mining industry developments world wide

Mining Corporations need to properly prioritize risks, define possible alternatives for mitigation, and define reasonable insurance programs...Reasonable is key word, and it can be shown that oftentimes insurance contracts are far from optimal. This short article will tell you what to do and how to do it in relation to insurance policies! A recent study showed that large amount of money can be spared by applying proper approaches.

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Kiss Approach To Risk Based Decision Making

Who doesn’t have to make decisions? Private decisions? Job related/business decisions? No matter your age, position, job, we all have to make decisions almost on a day to day basis. Decisions alternatives, even the straight forward ones, often have hidden/secondary effects, and most of the time are made more difficult by our perception, sentimental values etc. Large corporations sometimes use highly sophisticated procedures to support their decisions on capital expenditure, investments, processes, and yet, oftentimes, they realize afterwards that the…

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Information Warfare (IW) and your Company Risks

There are two ways to look at Information Warfare IW and your Company Risks from a Entreprise Risk Management (ERM) point of view: the good one and the bad one. The good one encompasses good thinking and planning, the bad one goes into premature acquisition of technical solutions, hardware and “magic gear”. First of all let’s look at the reality of things: does IW exist? Sure it does: there are even schools that teach it, addressing corporate needs; and it has…

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Do You Still Think Crises Are Mere Consultants’ Creatures?

Well, all along our professional life of Risk and Crisis Management consultants and coaches we have been confronted with clients that expressed themselves with statements like: “well, you know, this kind of stuff only happens to others”, generally followed by “we are too small, … too large, too smart, too powerful”, etc. Relentlessly we have kept our stance: crises are foreseeable, crises can be as costly as a natural disaster or a major accident, the public IS THE JUDGE, and…

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Comparing Projects by Using Riskope’s CDA/ESM (Comparative Decision Analysis/ Economic Safety Margin)

Introduction The aim of the CDA/ESM methodology is to enable communities, governments, design groups, corporations etc. to compare and evaluate projects in a transparent and objective way. The ultimate goal is of course to limit the chances of poor decisions, ruinous choices and industrial fiascoes when comparing projects or alternatives. Projects whose comparison/evaluation is amenable to the proposed methodology include, but are not limited to: Industrial processes (including information, IT & IP protection etc.) Civil infrastructure (buildings underground, above ground)…

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A Classic Riskope Lecture Content

Classic Riskope Lectures content deal with Crises and Emergency Management by using numerous examples drawn from Oboni Riskope Associates Inc. day to day practice. As an introduction, reference is made to Fortune 500 surveys clearly indicating the supremacy of proactive, vs. reactive, corporations, yet showing that only a minority of the surveyed enterprises actually had a proactive stance. In the first part of the lecture, the Los Frailes Dam Failure (mining industry) and the Ford-Firestone tire separation (automotive-supplier) crises are…

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