Risk Management
Failure mode and effects analysis
The P-Diagram, a supporting tool, or the complete confusion?
IDW PS 340: Audit of the early risk detection…
From a quantitative change of course to a view of opportunities
Perverse instantiation and reward hacking
Midas GPT: "Ethical guardian" for AI users
Tales such as that of King Midas – whose desire to turn everything into gold ultimately proved fatal – reflect a central dilemma that is becoming significantly more important in the age of advancing…
Natural disasters and man-made catastrophes
Global insured losses from disaster events in 2017 were the highest ever
A perfect risk world - or not?
Of simple stories and big risks
People love stories and simple truths. The "halo effect" has already been extensively researched in the field of behavioural economics. In everyday business life in particular, this effect ensures…
Understanding decision-making in risk workshops
Risk Management and Calculative Cultures
Analyzing risks in organizations often requires the collaboration of many individuals that can provide relevant insights regarding these risks. Risk workshops provide a structured process for such…