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Crisis Forecast One Year Later

On 14-15 Sept 2008 Lehman Brother went down in flames. In the aftermath of Lehman Brother crash we published on internet a forecast of the crisis “duration and magnitude”. Interestingly, only a handful of contacts asked us clarifications and to give details on the scale of consequence we had used (is it linked to stock markets? To financial indicators?)… May be, no one believed that reasonable predictions can be made? As we were publishing our prediction, we were indeed already…

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New flu: Tora! Tora! Tora! may not be the best way.

New flu and Smoky souvenirs The man in front of me was very elegant, had impeccable manners, if only he had been smoking less. His corner office in the Tokyo HQ of his corporation, was indeed slowly delivering to its occupants, including me, an unbreathable cocktail of fine dusts and nicotine-tar loaded particles that probably still stains my lungs today. We had been discussing how my company (Riskope) could deliver to his organization emergency planning, crisis management in that difficult time,…

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Short Courses

On April 14th 2010 Franco is invited to give a half-day long short course at a mining conference in Santiago de Chile. More information here (in Spanish) Similar short courses (customized to your company’s needs) can be organized world-wide, or you can opt for a remote-education solution, as explained here (in English). In February 2010 there will be a 3×2.5hrs webcast by Cesar and Franco, organized by Edumine, from Vancouver. Let us know if you are interested. Examples of courses…

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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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Long term risk mitigation plans at country wide scale can be measured

Humanity’s risk profile is changing Long term risk mitigation plans at country wide scale can be measured. The elements of humanity’s global risk equation, which already seem, also thanks to media and informational pressures, to describe an ascending and worrisome trajectory, will change radically in the future (Financial Times, 2007). Among these changes we can cite: Some parameters of change Global climate change (natural hazards). The intensity/magnitude, probability and annual distribution of many natural hazards may change because of global…

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Enhancing Efficiency and Efficacy in Humanitarian Programs

Enhancing Efficiency and Efficacy When Enhancing Efficiency and Efficacy we often confuse efficiency and efficacy. Efficiency corresponds to an operation with a high result-versus-costs ratio, for example results vs. energy, time, and money. Efficacy characterizes an action with the power to produce an effect. Efficiency means doing as good a good a job as possible. Effectiveness means getting a result by doing the right job. Reportedly neither efficiency nor efficacy rank very high in the Humanitarian Programs industry, one that…

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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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Decision making process should be used everyday for more rational resources allocations. How come it is not a democratised process yet?

Complex mathematics and impervious literature might be the root cause of many professionals’ impression that quantitative risk assessment and the resulting risk-based decision making are to be used and constitute the exclusive domain of high-stake decision-makers. “Improving Sustainability through Reasonable Risk & Crisis Management” is the title of the 2007 Book published by Riskope to guide corporate managers to making better decisions, steer their projects across an ocean of uncertainties and make winning moves. The book has been written for…

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