Category: Risk

Should London Change How We Think About Free Speech Online?

Last week terrorists once again attacked the people of London. Lives were shattered and lost yet again, and as such the nation’s leadership was forced to respond to the continuing threat that terrorists post to open societies. Leading the charge, the U.K.’s Prime Minister, Theresa May, decided to place a large part of the blame

Continue reading

GDP@Risk: A New Metric Worth Noting

Last month, the Paris climate change accord became active, and already we are starting to see some interesting research developing as a consequence of that international initiative. One of the more insightful studies I have come across is a project conducted by the Cambridge Centre for Risk Studies. The research, sponsored by the insurer Lloyd’s, is an attempt to model

Continue reading

A Quantitative Approach for Valuing and Managing Procurement Cost of Risk

One of the most debated topics today in procurement is the issue of risk. The majority of the articles and guidance given to Chief Procurement Officers (CPOs) on this topic focus on trying to avoid future risk costs that would be generated by, say, shutting down production because a critical supplier went out of business

Continue reading

It’s Time to Start Thinking About an “IMF of Weather”

Of all the forthcoming impacts of increasing climate volatility, the one that seems to be hitting the developed nations first is the topic of increased flooding and the severe impact this phenomenon is having on traditional flood insurance schemes. As the FT recently noted, when writing about the UK government’s pending decision to exclude homes

Continue reading

One Year Later, The Deadliest Value Chain Continues

We have just passed the one year anniversary of the Rana Plaza disaster in Bangladesh that killed over 1,00o garment workers. On the anniversary of that senseless disaster,  Kamal Munir, a professor at the Judge School of Business in Cambridge, published an outstanding critique of why that terrible event happened and why it’s almost certain to

Continue reading

The Puppet Masters Send a Message – Again

Simon Zadek has an interesting piece over on Project Syndicate, where he notes the increasingly active role Chinese regulators are playing in curbing “excesses” in the activities of multi-nationals. As he notes: Hardly a day goes by without China’s government thrusting another global brand into the limelight. Last month, China’s environment ministry rejected an application

Continue reading
No comments