Risk management

1. THE “ONION APPROACH” TO
RISK MANAGEMENT
Building Security Layers
© 2014 Miguel Maldonado

2. No individual is an island
 No single individual can cope with all possible
risks that life may bring – some are just to big
to face alone.
 So the right thing
to do is to build
some scale, and build it
in layers.
© 2014 Miguel Maldonado

3. The circles of life
 People are social beings and interact within
multiple and differently complex circles
© 2014 Miguel Maldonado

4. The “Onion” layers
Outer circles
Inner circles
Self
• Global
• Regional
• Local
• Friends
• Family
© 2014 Miguel Maldonado

5. Layer upon layer…
 The Inner circles
 Family and friends may provide an
extra layer of risk protection.
 They can’t cope with all the risks
but it’s almost certainly better
than being on your own.
© 2014 Miguel Maldonado

6. Layer upon layer…
 The Outer circles
1. Local Communities
 Local communities (neighbors, local
groups, businesses, institutions and
authorities) may (and should)
provide the next level of security.
 They can’t cope with all the risks but
they can cover some that are too
big for yourself , family and friends.
© 2014 Miguel Maldonado

7. Layer upon layer…
 The Outer circles
2. Regional Communities
 Regional communities (regional or
national businesses, institutions and
authorities) may (and should) take
security a few levels up.
 They still can’t cope with all possible
risks but are able to better respond
to larger scale problems with larger
means.
© 2014 Miguel Maldonado

8. Layer upon layer…
 The Outer circles
3. Global Communities
 Global communities
(Multinational or worldwide
businesses, institutions and
authorities) may (and should)
take security to the current
ultimate level.
 There will still be risks probably
too big to handle….
© 2014 Miguel Maldonado

9. Doomsday…
© 2014 Miguel Maldonado

10. Scaling layers
 But who knows…
… maybe a new security
layer will become avalable:
THE
GALACTIC
COMMUNITY
© 2014 Miguel Maldonado

11. In conclusion…
 Risk management has to be
built and should be multilayered.
 Single individuals and multiple communities are
responsible for providing different levels of
security.
 Only by multiple actors collaboration will be
possible to minimize risks to bearable levels.
 Risk management starts with a single step:
© 2014 Miguel Maldonado

12. The indispensable…
YOU!
© 2014 Miguel Maldonado