In this post we look at the 1 way to reduce the number of Due Diligence blunders (DD) in Mergers & Acquisitions (M&A) and other transactions. Due Diligence Due Diligence (DD) is ubiquitously considered to significantly contribute to informed decision-making. That’s because it enhances the amount and quality of information available to decision makers to evaluate “all” costs, benefits, and risks of, for example, an acquisition, merger or an investment (Chapman, 2006). Due diligence definition is “reasonable steps taken by a…
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Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015 CLICK THE PICTURE TO VIEW THE MOVIE! This year Riskope has decided to celebrate the Year End by proposing an animated Tale of King Provvidus, Riskopius, his trustworthy advisor and ORE, his faithful method. Season’s Greetings from Riskope! Voeux de Saison par Riskope! Auguri di Stagione da Riskope. Buen Fin de Año y Feliz 2015. This communication project has taken…
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We present our next endeavor: Course on Rational Risk and Crisis Management in Kuala Lumpur. This course is suitable for anyone who is involved in process hazards, risk quantification and preparation of 360 degrees, holistic, ISO 31000 compliant Risk Assessment for business, operations, projects. You can see the brochure and registration information here. Course on Rational Risk and Crisis Management in Kuala Lumpur The methodologies introduced in this course will greatly benefit money lenders, insurers in addition to corporate managers,…
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We gave a presentation in Toronto. We were at the CIM 2013 conference and the topic was Can we stop misrepresenting reality to the public? The discussion was of course set in the risks related to mining and extractions. Summary of the main points The main points made are summarized below. You will not: manage (your) capital if you do not understand risks. be able to make proper decisions if you do not understand risks and finally, able to operate if…
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While Talking with People about Risks it is not uncommon that people ask me what I do for a job. Once I tell them I am a Risk Management Consultant they ask: “do you work on financial risks?”. I generally reply that if they mean risks linked to banks I do not. However I quickly point out thar at the end of the day all risks are financial! If a lightning takes down the electric substation and your factory is…
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Every morning, day after day, we see rough market data, large volatility, brutal drops, sudden heaves. Some companies are seeing the market capitalization play yo-yo several times a week, if not daily. For example: Dendreon Corp.’s shares fell 69% in less than two minutes in April 2009 followed by an after hour rally. Diebold Inc., June 2nd , share price plummeted more than 30% in six seconds, before shooting back up Dendreon & Diebold shares most likely have been “victims”…
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In March 2010 we broadcasted an update of our predictions. We originally published those predictions in November 2008 bearing on the duration and depth of the crisis in the Western World. Riots in Europe do not Come as a Surprise to our Clients Riots in Europe do not Come as a Surprise to our Clients So, please go back to our post-Lehman Brothers (November 2008) communique. We evaluated a 20% chance the recession would last past Fall 2011. In addition there…
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In Part 2 we examined social unrest and terrorism, of which we found only one each in the original list . We demonstrated that none of those two cases was actually a Black Swan, because they simply did not fit the definition! Now, in the same list, we see a total of 5 Economic/financial alleged Black Swans, and we are going to use the same approach of Part 2 to see if at least these comply with the definition of Black…
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