Humanity’s risk profile is changing The elements of humanity’s global risk equation, which already seem, also thanks to media and informational pressures, to describe an ascending and worrisome trajectory, will change radically in the future (Financial Times, 2007). Among these changes we can cite: Global climate change (natural hazards): the intensity/magnitude, probability and annual distribution [...]
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All posts for the month September, 2009
Long term risk mitigation plans at country wide scale can be measured
Posted by foboni on September 30, 2009
http://foboni.wordpress.com/2009/09/30/long-term-risk-mitigation-plans-at-country-wide-scale-can-be-measured/
Enhancing Efficiency and Efficacy in Humanitarian Programs
We often confuse efficiency and efficacy. Efficiency corresponds to an operation with a high result-versus-costs ratio, for example results vs. energy, time, and money. Efficacy characterizes an action with the power to produce an effect. Efficiency means doing as good a good a job as possible. Effectiveness means getting a result by doing the right [...]
Posted by foboni on September 25, 2009
http://foboni.wordpress.com/2009/09/25/enhancing-efficiency-and-efficacy-in-humanitarian-programs/
A solution to “Tech-Speak”, technical risk words, and obscure definitions in Risk and Crisis Management
When we wrote our Book we also inserted a Glossary. Please refer to it if you want to make sure about the meaning of any term you will find in this blog and Risk and Crisis Management information sources. The definitions in the Glossary are “generally accepted”, and compliant with most national/international codes.
Posted by foboni on September 23, 2009
http://foboni.wordpress.com/2009/09/23/a-solution-to-tech-speak-technical-risk-words-and-obscure-definitions-in-risk-and-crisis-management/
Denial of Insurance Coverage plagues mining industry developments world wide
Mining Corporations need to properly prioritize risks, define possible alternatives for mitigation, and define reasonable insurance programs…Reasonable is key word, and it can be shown that oftentimes insurance contracts are far from optimal.
This short article will tell you what to do and how to do it in relation to insurance policies!
A recent study showed that large amount of money can be spared by applying proper approaches.
Posted by foboni on September 8, 2009
http://foboni.wordpress.com/2009/09/08/denial-of-insurance-coverage-plagues-mining-industry-developments-world-wide/
Decision making process should be used everyday for more rational resources allocations. How come it is not a democratised process yet?
Complex mathematics and impervious literature might be the root cause of many professionals’ impression that quantitative risk assessment and the resulting risk-based decision making are to be used and constitute the exclusive domain of high-stake decision-makers. “Improving Sustainability through Reasonable Risk & Crisis Management” is the title of the 2007 Book published by Riskope to [...]
Posted by foboni on September 7, 2009
http://foboni.wordpress.com/2009/09/07/decision-making-process-should-be-used-everyday-for-more-rational-resources-allocations-how-come-it-is-not-a-democratised-process-yet/
Kiss Approach To Risk Based Decision Making
Who doesn’t have to make decisions? Private decisions? Job related/business decisions? No matter your age, position, job, we all have to make decisions almost on a day to day basis. Decisions alternatives, even the straight forward ones, often have hidden/secondary effects, and most of the time are made more difficult by our perception, sentimental values [...]
Posted by foboni on September 2, 2009
http://foboni.wordpress.com/2009/09/02/kiss-approach-to-risk-based-decision-making/
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