Risk - Manageris : synopses

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A person who never made a mistake never tried anything new.Albert Einstein

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ALL SYNOPSES ON THIS SUB-TOPIC

Risk

Prepare for the improbable

Prepare for the improbable

Companies cannot plan in detail how to respond to unpredictable events. However, merely recognizing the possibility of such events helps to manage their consequences more effectively.

Encourage calculated risk taking

Encourage calculated risk taking

Efforts to manage risk may make employees hesitant to take initiative. How to foster calculated risk taking?

Develop an intuitive sense of risk

Develop an intuitive sense of risk

Most surveillance systems are unfortunately designed to monitor only identified risks. How to develop your aptitude for detecting even diffuse and uncertain risks upstream?

Increase the resilience of your organization

Increase the resilience of your organization

All organizations are confronted with the risk of crises. Rather than vainly attempting to avoid them, you had better develop the capability to absorb them and to learn the lessons. How can you acquire and cultivate resilience?

Cultivate your strategic agility

Cultivate your strategic agility

When it comes to developing agility, the first challenge is about information. Among all signals of change coming from diverse horizons, how can we spot those that require our vigilance?

How to take safety to the next level?

How to take safety to the next level?

As atypical as they may be, the high-reliability organizations —aircraft carriers, nuclear submarines, rocket launch bases, etc.—are characterized by a remarkably low number of accidents. How to learn from their methods to raise the bar on safety?

Channel your intuition

Channel your intuition

Our intuition is astonishingly effective at mobilizing the knowledge stored in our brain in a fraction of a second. However, intuition is not infallible. Subject to many biases, our intuition may easily lead us into error.

Use collective common sense to make more accurate forecasts

Use collective common sense to make more accurate forecasts

The “wisdom of crowds” turns out to be infinitely more reliable than individual good sense, and even expert predictions. How to gather and capitalize on employees’ collective perception of company stakes?

Protect yourself against strategic blindness

Protect yourself against strategic blindness

Well-established companies that believe they are invulnerable are often in for a rude awakening. How can you avoid the tendency to ignore unpleasant truths?

Coping with a sudden market downturn

Coping with a sudden market downturn

Financial crises, ethical scandals, competitive and technological breakthroughs are all disruptive events. How can companies adapt their behavior to cope with sudden market downturns?

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