#235 – TRADE WAR AND SUPPLY CHAIN RISK MANAGEMENT – GREG HUTCHINS PE CERM

Featured

For the last few months, I’ve been giving talks on the trade war between US and China.  A few of these talks have been in the US.  Others were skyped to China.

The bottom line is that trade between the US and China has been weaponized.

The Wall Street Journal on December 13, 2018 distilled the challenge:

“… it is questionable whether fragile globalized supply chains can thrive at all in an environment where the world’s two largest economies are disinclines to play by the rules, even their own.” Continue reading

#235 – BREXIT: THE UNINTENTIONAL EVOLUTION OF AN UNINTENDED ‘BLACK SWAN’ – GEARY SIKICH

Featured

In the headlines today (11 March 2019) on Risk.net:

Continue reading

#235 – HOW TO SUPPORT ANOTHER WOMAN AT WORK – ELIZABETH LIONS

Featured

“I just don’t like working with women. They are so catty. I’d prefer to work with men and when I look around, all of my friends are men too.” she said to me over coffee.

“I used to feel that way.” I responded. “Then I realized that the women I didn’t like were more like me than I thought they were. Somehow rather than reject them, I embraced them.”  Continue reading

#235 – WHAT IS THE RELIABILITY OF THE RELIABILITY FUNCTION? – FRED SCHENKELBERG

Featured

Review: What is the Reliability of the Reliability Function?

Jezdimir Knezevic of the MIRCE Akademy published a paper with the title above and I have a few comments.

In the article, Jezdimir suggests that the statistical approach to describing the world about us is fundamental flaws and not inherently useful for our use. He compares a mathematical/statistical approach to a scientific approach and finds the stats wanting. Continue reading