Risk Culture

9 Things they do not tell you about Risk Management

1. Risks don’t fall from the Sky. They are generated by other People

Informal Risk Management has been practiced by individuals since time immemorial. This is the domain of intuitive decision-making, assessing a situation on the spot and taking immediate action to avoid obvious risks.

The Atlas of Bad Risk Management

The Atlas was discovered recently in archaeological work studying pre-crisis civilizations. Despite the obvious wear and tear, all key risk failure areas have been preserved. We note the remarkable diversity of organizational forms and economic structures. Most interestingly, there is even an uncharted territory that was rumored to be inhabited by black swans.