#280: WILL THE ARM FALL OFF YOUR SUIT IF YOU PULL THE THREAD?: UNDERSTANDING CORRELATED RISKS – HOWARD WIENER

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In my previous post, I asserted that many companies are not good at managing risks and I’ll stand by that statement.  They’re not good at identifying them, poor at pinpointing dependencies, don’t understand the interactions that create or exacerbate risks and fail to actively quantify and evaluate the effectiveness of their risk management programs.  I believe that a number of disciplines should be applied to help address these issues. Continue reading