WATCH REPLAY: How to spot and avoid three major risk measurement fallacies

Using real-world commercial and open-source examples from the Travel Risk Intelligence and Duty of Care industry, this workshop will highlight three of the most common risk measurement flaws and fallacies: – nominal and ordinal scales – the flaw of averages – judgment noise and bias

We will demonstrate the effects of the above on individual and organizational decision-making quality, and present alternative best practices. Participants will learn how common and legacy risk ratings and information products may only deliver an illusory understanding of the risks to an individual and their employer, and occasionally result in substantive judgment errors.

RISK-ACADEMY offers online courses

+ Buy now

Informed Risk Taking

Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!

+ Buy now

ISO31000 Integrating Risk Management

Alex Sidorenko, known for his risk management blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.

+ Buy now

Управление рисками

В этом коротком и очень увлекательном курсе, Алексей Сидоренко расскажет о причинах внедрения риск менеджмента, об особенностях принятия управленческих решений в ситуации неопределенности и изменениях в новом стандарте ИСО 31000:2018.


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.