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What is risk?

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What is risk, and how can it be expressed? Different international standards, such as the AS/NZS 3460 Risk Management Standard, the COSO ERM framework and the ISO 31000 Risk Management Standard do not provide adequate guidance for risk assessments and lack the necessary precision.

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ARTICLES and PAPERS
Disaster Relief Supply Chains
While some aspects of commercial logistics and supply chain management are fully applicable for disa[...]
Call for papers: Global Supply Chain Risk Management
Are you currently planning to write or actually writing a paper on supply chain risk and wondering w[...]
BOOKS and BOOK CHAPTERS
Book Review: Supply Chain Risk
This book, Supply Chain Risk, is from 2004 and edited by Clare Brindley of the Manchester Metropolit[...]
The Handbook of Business Continuity Management
As I said in my post yesterday, Supply Chain Risk Management (SCRM) has many similarities with Busin[...]
REPORTS and WHITEPAPERS
Risky cities - want to work there?
If you are doing global business, do you know where you are at risk and what risk that is most perti[...]
Assess the vulnerability of your production system
So far I have reviewed "international" literature and web sites, and it is only fitting that now it [...]
from HERE and THERE
Flexibility and robustness as options to reduce risk and uncertainty
Any company operating in international markets will face a multitude of risks. Acknowledging these r[...]
The worst roads in the world's richest country
It is a perpetual topic with the Norwegian public, particularly in election years, like this year: W[...]