FREE BOOK: Guide to effective risk management (100000+ downloads)

Risk management is ultimately about creating a culture that would facilitate risk discussion when performing business activities or making any strategic, investment or project decision. In this free book, Alex Sidorenko and Elena Demidenko talk about practical steps risk managers can take to integrate risk management into decision making and core business processes. Based on our research and the… Continue reading FREE BOOK: Guide to effective risk management (100000+ downloads)

RAW2021 – The impact that situations have on our behavior and what we can do about it

Research shows us that the context that we are in, both the physical and social environment, has a significant impact on our behavior. We talk more quietly in a library than in a bar. We look up at the sky because we see someone else doing it. While this may seem trivial, these small contextual… Continue reading RAW2021 – The impact that situations have on our behavior and what we can do about it

RAW2021 – What you see is all there is – how perception impacts how we see risk

Much of the work done to mitigate risk, begins with data — by quantifying risk, we feel better able to manage it. But even with data, we need to make judgements and some risks don’t lend themselves to easy quantification. So what role might perception play in driving our risk management decisions? In this talk,… Continue reading RAW2021 – What you see is all there is – how perception impacts how we see risk

RAW2021 – The next phase of FrankenSME: The latest developments in combining expert judgements

Last year Hubbard Decision Research (HDR) presented the potential value of new methods for aggregating expert estimates. Now the HDR tool has been completed. Decades of experiments by researchers have shown that subjective assessment of probabilities is both a teachable skill and that combining the estimates of multiple subject matter experts (SMEs) can further improve… Continue reading RAW2021 – The next phase of FrankenSME: The latest developments in combining expert judgements

RAW2021 – Impact Investing – Risk Reward Equation & Challenging Conventional Thinking

Focusing just on profit is a thing of the past. Leading investors want to deploy capital more sustainably to meet both financial expectations and quantifiable impact. Exceptional talent sits at the intersection of excellence in financial performance and sustainability, re-directing risk capital to investments that generate business and social/environmental returns. What makes risk capital return… Continue reading RAW2021 – Impact Investing – Risk Reward Equation & Challenging Conventional Thinking

RAW2021 – Which risks should a business focus on?

The IPCC 2021 report on climate change makes for very sober reading. We are destroying the environments that support us, and we are doing it with increasing rapidity. Businesses must play a central role in at least slowing down this erosion and the closely related societal impacts. Regulators around the world are looking at introducing… Continue reading RAW2021 – Which risks should a business focus on?

RAW2021 – Identifying and understanding optionality with value of information

Meat and potatoes decision analysis is OK, but you are possibly missing the big upside of optionality in your evaluation. We will develop a case study and learn some critical elements as we conduct real-time the analysis that might impact our choices – picking the proper reference case, the impact of essential assumptions, how new… Continue reading RAW2021 – Identifying and understanding optionality with value of information

RAW2021 – Green Accountability and Incentives: Reflecting the Social and Economic Cost of CO2 in New Capital Projects

Novelis Inc. is the world’s leader in rolling and recycling aluminum flat rolled product with significant market share in beverage can, automotive, aerospace, and specialties applications. Our ambition is to be the world’s leading provider of low-carbon, sustainable aluminum solutions that advance our business, industry, and society toward the benefits of a circular economy. Novelis… Continue reading RAW2021 – Green Accountability and Incentives: Reflecting the Social and Economic Cost of CO2 in New Capital Projects

RAW2021 – Scenario planning for climate and other global threats

Climate change as a topic can be impossible to address effectively as this present itself in many forms, and have a range of effects. However, change will come and long-term strategies need to take this into due account to be viable. This session is a demo workshop where four distinctly different, yet plausible scenarios are… Continue reading RAW2021 – Scenario planning for climate and other global threats

RAW2021 – Forest fires and floods are not the same

Of course forest fires and floods are not the same, yet in some risk modeling methods they are treated similarly. That is, for each section in a geographical area, one can calculate the probability of a fire of a given intensity or a flood of a given depth, and then estimate the economic consequences of… Continue reading RAW2021 – Forest fires and floods are not the same