In other pieces the Lloyd’s of London City Risk and the Natural Hazard Mitigation Saves studies were discussed. It was noted that both studies provide an assessment of the costs associated with the adverse impact of risk events. The Natural Hazard study focused on natural Hazards, while the Lloyd’s study incorporates both man-made and natural hazard risk events. Continue reading
In June 2015, Paul Lau died in Macquarie University Hospital, after being admitted for a routine knee operation. In October 2016, a raft flipped over on the Thunder River Rapids ride at Dreamworld. Four people were killed. In a world that is moving towards customers being at the heart of everything, what happened to the focus on governance? Are lives safe on your watch? Continue reading
Systems and processes exist in our dynamic world. Each organization and situation is different. Just as there is not one risk management process that works for any organization, there also is the need for continuous improvement of an existing system. Continue reading
There is a water crisis. Because water covers 70% of our planet, we tend to think water will always be around. But, freshwater is actually quite rare. In fact, only 3% of Earth’s water is freshwater, and most of that is frozen in glaciers or otherwise unattainable. Continue reading