On April 26, 1986, the world witnessed one of the most catastrophic nuclear disasters in history – the Chernobyl nuclear accident. A series of poor decisions, underestimation of risks, and… Continue reading Why risk managers are ignoring risks in daily decisions?
Every day, we are faced with a multitude of decisions. Some are minor, like what to have for breakfast, while others can have significant impacts on our lives. These decisions… Continue reading Risk and Reward: a new approach to everyday decision-making
by Sam L. Savage A Good Bad Example Victor Hugo said: “I am not completely useless. I can serve as a bad example.” The same can be said of Operation… Continue reading Sam Savage – Chance-Informed Decisions
Picture a medieval doctor, his face masked behind a beak-like plague mask filled with aromatic herbs. He prepares a treatment for a sickly patient, a blend of wine mixed with… Continue reading Risk Alchemy: From Medieval Madness to Modern Missteps
It’s puzzling, isn’t it? Risk management, a field that has been formalized and standardized in non-financial companies since the 1990s and accepted widely by 2009 with the publication of ISO31000,… Continue reading Why are risk managers so bad at root cause analysis?
Welcome to the RISK-ACADEMY guide on risk management! This guide provides expert insights and practical guidance on various aspects of risk management, ranging from risk identification and assessment to risk… Continue reading RISK-ACADEMY’s Risk Management FAQ
Welcome to the RISK-ACADEMY guide on risk management! This guide provides expert insights and practical guidance on various aspects of risk management, ranging from risk identification and assessment to risk… Continue reading RISK-ACADEMY’s risk management FAQ
Confused about securing the right insurance coverage for your business? Look no further! Our new guide provides expert insights, practical advice, and real-life examples to help you confidently navigate the… Continue reading RISK-ACADEMY’s guide to risk analysis in insurance buying
Insurance buyers, listen up! You’re grappling with hard markets (which is just underwriters making excuses for messing up in the past or being clueless about the risks they’re taking on),… Continue reading Risk management is the best way to control insurance costs
📣 Introducing the RISK-ACADEMY’s Ultimate Guide to Risk Management Implementation! 📚 Our comprehensive guide covers everything from integrating risk management into decision-making processes to building a risk-aware culture within your… Continue reading RISK-ACADEMY’s Guide to Risk Management Implementation