We all know the expression of the elephant in the room, and certainly most of us have heard of the black swan, a term coined by bestselling author Nassim Nicholas Taleb, referring to the occurrence of an unpredictable and rare catastrophic event. In fact, the publication of Taleb’s book correlated …
What’s arguably the most important risk you should avoid? It’s the risk of doing nothing, to remain idle, Mihai Stroe, who helped us put this article together, told us. That’s why this blog is a go-to guide for your organisation to review key aspects of the Operational Risk Management (ORM) …
The fast-spreading COVID-19 makes some of us feel like we’re in a zombie apocalypse: limiting human contact, avoiding large crowds, and remaining behind closed doors to escape contamination. Almost straight out of a science-fiction movie or a dystopian novel, right? Not quite. The coronavirus is affecting each and every part …
Never underestimate the small, neither in life, nor in business. Not even if the size of your opponent isn’t visible to your eyes. The diameter of COVID-19, colloquially called “coronavirus”, is around 120 nanometers (nm). Write down the number “120” on a paper sheet; then, add six zeros before that …
Did you know that 73% of CEOs expect at least one major crisis within the coming three years, according to PwC’s 21st CEO Survey? The number and frequency of threats, such as policy uncertainty, climate change, cyberattacks, geopolitical instability and overregulation, push organisations to prepare for all types of “troubling” …
