Analysing Strategic Risks

I have previously written on the difference between strategic and operational risks. In that blog I highlighted the difference between the two as shown in the diagram below: I have been thinking recently whether, based on the difference between the two types of risk, we might also need a different approach to the analysis of […]

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Is this the un-mitigatable risk?

I, like many other strawberry lovers in Australia, was horrified when the first case of a needle found in a strawberry was reported in mid-September.  It was quickly followed by another and then another.  Early on, it seemed isolated to one farm and one type of fruit, with speculation of involvement by a disgruntled employee […]

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Do we need a risk matrix?

Lately I have been thinking (dangerous I know); is the risk matrix truly useful to communicate the level of risk?  For example, does a High Risk actually mean the risk is high? When we look at the psychology of risk, you can understand management being on tenterhooks when told there is a ‘High Risk here’ […]

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Who let the dogs out

Here we go again. On 4th September the Daily Telegraph reveals another ‘Mad Monday’ showing Canterbury Bulldogs players in various states of disrepair and some of them in various states of undress.  That this occurred is bad enough – that it occurred in a public location was nothing short of disgraceful. The definition of insanity […]

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Flagging my risk management in South Korea

Rod’s reach has now extended to South Korea, working with the Green Climate Fund (GCF).  The Green Climate Fund (GCF) is a fund established within the framework of the UNFCCC as an operating entity of the Financial Mechanism to assist developing countries in adaptation and mitigation practices to counter climate change. The objective of the Green Climate Fund is to “support projects, programmes, policies […]

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