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Anticipating Objections to risk assessments

Anticipating Objections to risk assessments is paramount to foster social licence to operate (SLO) and corporate social responsibility (CSR). The first step is to avoid any suspicion of conflict of interest. Indeed, risk assessments should be performed by an independent entity (Brehaut, 2017, UNEP). That is to avoid conflict of interest (Oboni, Zabolotoniuk, 2013) and assuage public concerns. Nevertheless, the proponent of a project might feel vulnerable if that information becomes public. Thus, today we discuss how to help remove…

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Demands for Zero Risk

Oftentimes when explaining risks to Management or the public “Demands for Zero Risk” objection arise. Repeatedly, stakeholders may point out that any “non zero” risk is unacceptable. Indeed, in the aftermath of any recent accident (Samarco, Cadia, Mount Polley) public opinion, regulators, law enforcement agencies and the media vehemently embrace that vision. However, the first reaction should be to declare that goal  as not realistic as any endeavor has intrinsic risks. Indeed, we are exposed to hazards and resulting risks…

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Tailings dam risk communication

Experience shows that successful risk communications always focuses on planned control measures and precautionary actions rather than on risks. Indeed, like in many other fields, actions speak louder than words. Because actions are what matters to the public. Thus, today, we explore our experience in tailings dam risk communication. In mining, oil and gas and other industries, people demand to know what preventative actions are foreseen. That is even if it is claimed that the likelihood of an accident and…

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Risk tolerance thresholds

Everyone has a different pain threshold and likewise, everyone has different risk tolerance thresholds. We use the plural because each one of us has various thresholds, for example, a perceived one and a financial one. Your risk and risk tolerance thresholds made simple Anyone of us, every-day decides to undertake some activities and consciously or unconsciously assumes risks we consider acceptable/tolerable or sometimes intolerable.Think about various activities: Hunting, fishing, driving a heavy vehicle, and finally cooking in one’s house. They…

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Antifragile resilient solutions for tactical and strategic planning

We recently discussed with a client Antifragile resilient solutions for tactical and strategic planning. The theme is interesting and warrants publication this week as it raises a number of interesting issues. We use Rx to indicate our client’s Remarks, and Ax to indicate the our related Answers. Fragile – Robust – Antifragile systems R1) I think there is value in characterizing systems into the three groupings that Taleb presented. That is, Fragile – Robust – Antifragile. Because it gets engineering…

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Notes on Global Tailings Standard Draft for Public Consultation

In follow-up to Aidan Davy’s (ICMM) keynote session at TMW2019, here are our Notes on Global Tailings Standard Draft for Public Consultation. To this date the three co-conveners (UNEP, ICMM and PRI) reportedly did not endorse the draft. Positive Notes on Global Tailings Standard Draft for Public Consultation We found the current draft to be an overall well written document. It encompasses important points on: human rights (see chapter 5 on “what people want” in our latest book) conflict of…

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Can we learn from our failures?

Today we explore under which conditions can we learn from our failures? In our society we oftentimes say that we benefit from failure, mostly in terms of lesson learned, allowing for better future decisions. System are continuously exposed to failure As Johnny Cash  stated : “You build on failure. You use it as a steppingstone. Close the door on the past. You don’t try to forget the mistakes, but you don’t dwell on it. You don’t let it have any…

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Performance objectives and indicators of Tailings dams with Space observation

Some of our readers are all about Performance objectives and indicators of Tailings dams with Space observation. They work in the imagery and space observation industry. As a result they asked some questions about our book Tailings Dams Management for the Twenty-First Century. Google Earth, image date 10/4/2018 We thought it would be interesting to publish the Q/A session. Q/A session on Performance objectives and indicators of Tailings dams with Space observation Q1: With reference to your book can you…

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