In the wake of so many meltdowns, such as the 2023 collapse of Silicon Valley Bank and the 2022 implosion of FTX cryptocurrency exchange, as well as events like the 2021 Archegos Capital Management collapse, the 2021 Suez Canal obstruction, and the far-reaching impacts of the 2020 COVID-19 pandemic, investigations have consistently revealed significant shortcomings in risk management practices, raising the critical question of whether these catastrophes could have been mitigated or even prevented with a more robust and risk based thinking, planning and decision making. Continue reading →