Defective product risk
RiskNET [Editor-in-chief]11.12.2017, 15:32
Samsung recalled 2.5 million Galaxy Note 7 phones after users reported flames and explosions caused by overheating batteries (estimated cost: $5bn+). Automaker, Toyota issued a recall on over four...
Influence of 'risk talk'
Anette Mikes27.10.2017, 21:38
We often respond to blunders such as the explosion on BP's Deepwater Horizon, the collapse of Lehman Brothers, and the Volkswagen emissions scandal by asking: What were they thinking? But before we...
Interview with Raffael Kalisch
RiskNET [Editor-in-chief]17.10.2017, 08:10
Engineers refer to a resilient system if failure of one part does not lead to complete failure of all technical systems. An ecosystem is said to be resilient if it returns to its initial condition...
Quo vadis Big Data?
RiskNET [Editor-in-chief]22.09.2017, 13:15
Big data is in fashion. Especially the economy has been calling for greater implementation of new methods of analysis for years. Some people are convinced that they can maintain an overview of...
The ongoing revision of ISO 31000
RiskNET [Editor-in-chief]24.07.2017, 16:22
Opportunity and risk management
RiskNET [Editor-in-chief]05.07.2017, 08:54
Political and social risks, economic disagreements and increasing digitalisation – with rising volumes of data to be analysed – the insurance industry has to cope with a very heavy burden. We spoke...
Interview with Benedikt Doll, biathlete
RiskNET [Editor-in-chief]09.06.2017, 08:30
Sport and business have a lot in common. Not just in terms of sponsorship, advertising and TV contracts. The two disciplines also have parallels in the importance of meticulous preparation. Biathlon...
Alexander Niklas Häusler | Bernd Weber01.06.2017, 10:03
To interpret insights from the field of neuroeconomics for other disciplines or applications in the domain of financial choices [for a short overview: see Häusler and Weber, 2015], it is important to...
Staying in the comfort zone as a risk
RiskNET [Editor-in-chief]22.05.2017, 18:25
Dealing with risks, making decisions, taking on leadership roles, cooperating in a team, setting objectives, showing persistence and maybe sometimes the courage to turn back – these are all...
The success of "disruptive innovations" remains uncertain
Andreas Kempf | Frank Romeike08.05.2017, 09:21
In the current discussion about digitalisation, there is one term that seems to be omnipresent and dominating a lot of media reporting (see Fig. 01). According to the newspaper FAZ, it's something...
Digitalisation, cyber security, disruptive innovations
RiskNET [Editor-in-chief]03.04.2017, 22:51
Digitalisation, cyber security, disruptive innovations and new business models – the banking world has a lot of issues to deal with. Traditional banks in particular are having to reconsider their...
Statistics and Intuition
RiskNET [Editor-in-chief]09.03.2017, 10:35
It is not just risk managers who occasionally confuse correlation with causality, neglect variability and sampling error or multiply the probability of occurrence by the extent of loss and forget...
RiskNET [Editor-in-chief]07.02.2017, 09:20
Global Risk Map
RiskNET [Editor-in-chief]12.01.2017, 16:13
Companies worldwide are bracing themselves for a year of increased uncertainty, driven by growing concerns over political, legal and regulatory developments around the globe. That are the results of...