#395 – POST HURRICANE IAN: FLORIDIANS HAVE COMPLEX DECISIONS TO MAKE – BOB LEONARD

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Living a quarter of a mile from the Gulf of Mexico in Sarasota, Florida, I knew we would eventually have to make a decision. Hurricane Irma was the deciding factor. We were without power (so no AC) for 10 days in September in south Florida. The heat and humidity were brutal. So we decided to get out of harm’s way. We relocated to Oregon. That was five years ago. The current residents of southwest Florida face more complex climate-related decisions. Continue reading →

#395 – PROJECT DOCUMENTS: OBVIOUSLY WRONG OR PATENTLY ACCEPTABLE – MALCOLM PEART

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Project documentation; the bane of some people’s lives, for other’s their raison d’être.  Documentation is essential and its written word can ensure effective communication so there is as little misunderstanding as possible.  Requirements will be definitive, obligations and liabilities will be unambiguous, and instructions will be clear. Continue reading →

#395 – CLIMATE CHANGE OR GLOBAL EXTINCTION? – GREG HUTCHINS

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Is climate change humanity’s greatest ever risk management failure?
The Guardian newspaper

Climate change. Global warming. These are the ‘new normal’ or the ultimate ‘Horsemen of the Apocalypse’. U.S. intelligence report said:

“Global environmental and ecological degradation, as well as climate change, are likely to fuel competition for resources, economic distress, and social discontent through 2019 and beyond. Climate hazards such as extreme weather, higher temperatures, droughts, floods, wildfires, storms, sea level rise, soil degradation, and acidifying oceans are intensifying, threatening infrastructure, health, and water and food security.” Continue reading →

#394 – WHAT SHOULD AN AWESOME RISK REPORT LOOK LIKE? – ALEX SIDORENKO

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Companies and regulators love reports, disclosures and transparency. And nobody loves risk reporting more than me. Trouble is risk reports are RM1. If we wanted to really make a difference to decision makers we would switch from risk reporting to risk-adjusted performance reporting instead. Risk managers always have a choice: generate own risk reports or use the outputs of risk analysis to improve existing performance and management reports instead. To me the choice is clear. Integrating risk information into existing management reporting is the future. So, what should risk-adjusted performance report look like? Continue reading →

#394 – UNSUSTAINABILITY RISKS: BLISSFULLY UNAWARE OF THE DARK CLOUDs – DAVID ROSS PH.D.

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 Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together. All things connect. – Chief Seattle 

In 1983, the UN General Assembly called for a “global agenda for change” to consider how the international community could better deal with social and environmental issues. The resulting “Our Common Future” Report made the following key point:  Continue reading →