Blog Archives

The capability concept

Capability is an important measure in adressing vulnerabilities and in assessing resilience. Is there a way to quantitatively describe what capability entails?

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What is risk?

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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Not all risk is risk

The article lists and discusses eight risk definitions, and then suggests an alternative and comprehensive definition that captures all aspects of risk.

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Risk versus vulnerability

In this paper safety and security are brought together in a unifying risk and vulnerability framework that covers both accidental and malicious events.

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Certain death: Not risky. Uncertain death: risky.

It is only when the consequences of actions and events are uncertain that these actions and events are truly risky.

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ARTICLES and PAPERS
Resilience X 10
Transport network resilience has 10 properties. So says Pamela Murray-Tuite in her 2006 article A Co[...]
Inbound and outbound vulnerability
After publishing A conceptual framework for the analysis of vulnerability in supply chains, Gøran Sv[...]
BOOKS and BOOK CHAPTERS
Risk Management Simplified
Risk management. Why make it difficult when you can make it easy? That is perhaps what Andy Osborne [...]
SME Risk Management
Small and medium-sized enterprises (SMEs) make up the majority of enterprises in most countries, and[...]
REPORTS and WHITEPAPERS
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 [...]
Risk management - Vocabulary
What is risk management in supply chains? The more I study supply chain risk management, the more co[...]
from HERE and THERE
The reliability and vulnerability of transportation lifelines
How can we assess how reliable or vulnerable the transportation is, and which parameters can we appl[...]
A crisis is NOT an opportunity
Time to debunk one of biggest and most persistent myths that has plagued crisis management for more [...]