ICYMI: Risk Management and the Paradox of Common Sense

I really enjoy reading Duncan Watts work and I was blown away by how he assailed the concept of common sense that we all rely upon so readily: What we don’t realize, however, is that common sense often works just like mythology. By providing ready explanations for whatever particular circumstances the world throws at us,Continue reading “ICYMI: Risk Management and the Paradox of Common Sense”

Risk Forecast Accuracy – Feb ISSA Journal

In this month’s ISSA Journal, my colleagues and I wrote about Risk Forecast Accuracy. This is a practice that all mature risk functions should pursue and we offer an approach that is relatively straightforward and practical in its application. If we accept that risk is a statement about the future, then its important to alsoContinue reading “Risk Forecast Accuracy – Feb ISSA Journal”