Presentation given on May 6th at CIM 2013 Toronto.
A discussion on the reasons that lead to the generalized public distrust phenomena, how better risk assessments would help reduce distrust and support better decisions.
The document discusses social media and provides advice for using social media platforms effectively. It notes that social media allows for two-way conversations and engagement with audiences. Examples are given of both successful and unsuccessful social media uses by companies to encourage learning from mistakes and leveraging opportunities.
Scientific Literacy, Attitudes towards Science, Religiosity and Superstitious...Eugen Glavan
The present work, “Relationships between Scientific Literacy, Attitudes towards Science, Religiosity and Superstitious Beliefs in Romanian Context” is based on the first major research conducted in Romania concerning the public understanding of science paradigm. The research took place in the summer of 2009 and is representative for the Romanian, adult population. The information gathered concerns scientific literacy, attitudes towards science, medical knowledge, superstitious beliefs and religiosity.
The coexistence of apparently opposed dimensions can be often seen in the Romanian public space. An example is the last presidential elections when the candidate that lost the elections explained his failure through pseudoscientific phenomenon.
In this context the authors of this presentation will try to see the relationship between scientific knowledge, attitudes concerning science, superstitious beliefs and religiosity in contemporary Romanian society. One of our hypothesis is that religiosity will not be positively associated with superstitious beliefs. We’d expect that people who explain the events around them through Divinity would not believe that number 13 will bring bad luck or that if your left hand itches you will receive money (examples of common superstitions). Another hypothesis regards religiosity and its relation with scientific knowledge. We suppose that people who are more religious would have lower score of scientific literacy and, perhaps, a negative attitude towards science.
Finally we will take into consideration the relationship between scientific knowledge and superstitious beliefs. We presume that those who have a high score in the scientific knowledge scale will be less superstitious.
The document appears to be a review game for the novel "The Giver" by Lois Lowry. It tests the user's knowledge of characters, places, vocabulary, and events from the story through multiple choice questions sorted into categories. Each question set has 5 questions with answers that can be revealed by pressing the space bar.
Ping pong is a sport that is easy to learn but difficult to master. It involves using forehand and backhand techniques with accuracy, angle, spin and speed to return balls in singles or doubles matches. Players must follow safety and etiquette rules, serve low and with control and spin, and aim to win games to 11 by a margin of 2 points.
The document discusses social media and provides advice for using social media platforms effectively. It notes that social media allows for two-way conversations and engagement with audiences. Examples are given of both successful and unsuccessful social media uses by companies to encourage learning from mistakes and leveraging opportunities.
Scientific Literacy, Attitudes towards Science, Religiosity and Superstitious...Eugen Glavan
The present work, “Relationships between Scientific Literacy, Attitudes towards Science, Religiosity and Superstitious Beliefs in Romanian Context” is based on the first major research conducted in Romania concerning the public understanding of science paradigm. The research took place in the summer of 2009 and is representative for the Romanian, adult population. The information gathered concerns scientific literacy, attitudes towards science, medical knowledge, superstitious beliefs and religiosity.
The coexistence of apparently opposed dimensions can be often seen in the Romanian public space. An example is the last presidential elections when the candidate that lost the elections explained his failure through pseudoscientific phenomenon.
In this context the authors of this presentation will try to see the relationship between scientific knowledge, attitudes concerning science, superstitious beliefs and religiosity in contemporary Romanian society. One of our hypothesis is that religiosity will not be positively associated with superstitious beliefs. We’d expect that people who explain the events around them through Divinity would not believe that number 13 will bring bad luck or that if your left hand itches you will receive money (examples of common superstitions). Another hypothesis regards religiosity and its relation with scientific knowledge. We suppose that people who are more religious would have lower score of scientific literacy and, perhaps, a negative attitude towards science.
Finally we will take into consideration the relationship between scientific knowledge and superstitious beliefs. We presume that those who have a high score in the scientific knowledge scale will be less superstitious.
The document appears to be a review game for the novel "The Giver" by Lois Lowry. It tests the user's knowledge of characters, places, vocabulary, and events from the story through multiple choice questions sorted into categories. Each question set has 5 questions with answers that can be revealed by pressing the space bar.
Ping pong is a sport that is easy to learn but difficult to master. It involves using forehand and backhand techniques with accuracy, angle, spin and speed to return balls in singles or doubles matches. Players must follow safety and etiquette rules, serve low and with control and spin, and aim to win games to 11 by a margin of 2 points.
The document discusses different branding strategies including affinity branding, dispositional branding, and designing for a positive user experience. It emphasizes that branding is the process of associating a memorable design and user experience with a product or website. Effective branding creates an emotional connection and consistency through uniquely designing experiences that users will associate with the brand.
Keypoint is an app that allows users to build, edit, share, and view presentations on their iPhone. The developer released the first beta which had a rough interface and was the first presentation app for iPhone. After releasing a second beta with some interface tweaks and animations, the app became an Apple staff pick. An upcoming third beta will add features like exporting to Keynote, more options, and themes, with the goal of eventually releasing as a native iPhone app.
Nicholson is an executive search and recruitment firm that was originally established in 1989, acquired by senior management in 2004, and re-launched. They specialize in recruiting for middle management to board level positions within IT Solutions, Communication, and Enterprise Security & Risk. Their services include executive search, advertised selection, and contingency recruitment. They assist clients within various sectors including communications, financial services, media/entertainment, and more.
Los comerciantes mayoristas y minoristas en EE.UU. y Europa explotan a los trabajadores latinos y asiáticos al no pagarles correctamente, no cumplir con los contratos laborales y hacerlos trabajar más horas de las pactadas, aprovechándose de su condición de inmigrantes ilegales al negarles derechos básicos como ir al baño, comer e ir al médico. Además, a los trabajadores asiáticos sólo se les paga un dólar diario.
The Opportunity You've Been Waiting For!!!Michelle Spina
This document summarizes the Arbonne opportunity, which is a network marketing company that sells botanically-based skin care, nutrition, and other products. It discusses that anyone can become an independent consultant for a low startup cost and then earn income from retail profits and commissions from product sales. Consultants can earn more by building a team of other consultants. The average income amounts are provided for different consultant levels. It emphasizes that success depends on each consultant's effort and that most people initially join as customers before considering the business opportunity.
Motivation of LIFE🦅 बाज लगभग 70 वर्ष जीता है ....
परन्तु अपने जीवन के 40वें वर्ष में आते-आते उसे एक महत्वपूर्ण निर्णय लेना पड़ता है ।
उस अवस्था में उसके शरीर के
3 प्रमुख अंग निष्प्रभावी होने लगते हैं .....
पंजे लम्बे और लचीले हो जाते है, तथा शिकार पर पकड़ बनाने में अक्षम होने लगते हैं ।
चोंच आगे की ओर मुड़ जाती है,
और भोजन में व्यवधान उत्पन्न करने लगती है ।
पंख भारी हो जाते हैं, और सीने से चिपकने के कारण पूर्णरूप से खुल नहीं पाते हैं, उड़ान को सीमित कर देते हैं ।
भोजन ढूँढ़ना, भोजन पकड़ना,
और भोजन खाना .. तीनों प्रक्रियायें अपनी धार खोने लगती हैं ।
उसके पास तीन ही विकल्प बचते हैं....
1. देह त्याग दे,
2. अपनी प्रवृत्ति छोड़ गिद्ध की तरह त्यक्त भोजन पर निर्वाह करे !!
3. या फिर "स्वयं को पुनर्स्थापित करे" !!
आकाश के निर्द्वन्द एकाधिपति के रूप में.
जहाँ पहले दो विकल्प सरल और त्वरित हैं,
अंत में बचता है तीसरा लम्बा और अत्यन्त पीड़ादायी रास्ता ।
बाज चुनता है तीसरा रास्ता ..
और स्वयं को पुनर्स्थापित करता है ।
वह किसी ऊँचे पहाड़ पर जाता है, एकान्त में अपना घोंसला बनाता है ..
और तब स्वयं को पुनर्स्थापित करने की प्रक्रिया प्रारम्भ करता है !!
सबसे पहले वह अपनी चोंच चट्टान पर मार मार कर तोड़ देता है,
चोंच तोड़ने से अधिक पीड़ादायक कुछ भी नहीं है पक्षीराज के लिये !
और वह प्रतीक्षा करता है
चोंच के पुनः उग आने का ।
उसके बाद वह अपने पंजे भी उसी प्रकार तोड़ देता है,
और प्रतीक्षा करता है ..
पंजों के पुनः उग आने का ।
नयी चोंच और पंजे आने के बाद वह अपने भारी पंखों को एक-एक कर नोंच कर निकालता है !
और प्रतीक्षा करता है ..
पंखों के पुनः उग आने का ।
150 दिन की पीड़ा और प्रतीक्षा के बाद ...
मिलती है वही भव्य और ऊँची उड़ान पहले जैसी....
इस पुनर्स्थापना के बाद
वह 30 साल और जीता है ....
ऊर्जा, सम्मान और गरिमा के साथ ।
इसी प्रकार इच्छा, सक्रियता और कल्पना, तीनों निर्बल पड़ने लगते हैं हम इंसानों में भी !
हमें भी भूतकाल में जकड़े
अस्तित्व के भारीपन को त्याग कर कल्पना की उन्मुक्त उड़ाने भरनी होंगी ।
150 दिन न सही.....
60 दिन ही बिताया जाये
स्वयं को पुनर्स्थापित करने में !
जो शरीर और मन से चिपका हुआ है, उसे तोड़ने और
नोंचने में पीड़ा तो होगी ही !!
और फिर जब बाज की तरह उड़ानें भरने को तैयार होंगे ..
इस बार उड़ानें और ऊँची होंगी,
अनुभवी होंगी, अनन्तगामी होंगी ।
हर दिन कुछ चिंतन किया जाए
और आप ही वो व्यक्ति हे
जो खुद को सबसे बेहतर जान सकते है ।
सिर्फ इतना निवेदन है की छोटी-छोटी शुरुवात करें परिवर्तन करने की ।
Mobile UX Research: Travel Consumer Preferences for Mobile and TabletUserZoom
Webinar hosted by UserZoom on travel consumer preferences and landscape for mobile and tablet. Ania Rodriguez, CEO at Key Lime Interactive, also talked about mobile user experience research methods (both, qualitative and quantitative).
An interpreter serves as the communication link between a patient and medical staff by translating conversations, but their role is complex. Interpreters may be untrained individuals like family or coworkers. Effective communication is difficult as interpreters must bridge differences in education, culture, language, and taboo medical topics between patients and staff. Overcoming barriers requires interpreters to fully translate discussions while advocating for patients and educating staff on unfamiliar cultural practices.
Tailings systems in mines are often the object of Risk Assessments. Unfortunately common practices in Risk Assessment, using PIGs (Probability Impact Graphs) are arbitrary, lead to confusing and fuzzy results, offer very little decision making support and misrepresent reality. After demonstrating these pitfalls, the presentation shows how to do better by using ORE (Optimum Risk Estimates), a methodology developed by Riskope.
Riskope has developed a proprietary application that allows to package ORE results into cockpits addressing top and mid-management concerns, allowing strategic integration of risks in corporate policies.
The document provides an analysis of three key risks facing Caterpillar Inc: products liability, natural disasters, and labor disputes/expiring collective bargaining agreements. For each risk, the author identifies risk treatment techniques including risk financing (insurance, CAT bonds) and risk control (inspections, disaster recovery plans, funded risk retentions). Quantitative analyses like discrete loss distributions, NPV calculations, and event trees are used to evaluate the proposed risk treatments. The analyses conclude the risk treatment techniques would provide a positive financial impact for Caterpillar over the next 10 years by reducing expected losses.
Gs503 vcf lecture 7 innovation finance i 300315Stephen Ong
This document discusses financing innovation through R&D and the use of Monte Carlo simulation and real options analysis. It begins by looking at typical sources of R&D funding in the US and definitions of basic research, applied research, and development. It then discusses challenges in financing long-term projects like pharmaceutical R&D. Strategic alliances and licensing are presented as major sources of funding for small biotech companies. The document introduces tools like event trees, decision trees, and Monte Carlo simulation that can be used to evaluate projects with uncertainty. It explains how these tools relate to venture capital valuation of companies with significant R&D components.
This document discusses various types of off-balance sheet activities and the associated risks. It describes how special purpose entities were used by Enron to disguise debt through transactions with Citigroup and JPMorgan Chase. The Sarbanes-Oxley Act later imposed new disclosure requirements to provide a more comprehensive picture of companies' financial situations. Additionally, the document outlines specific off-balance sheet activities like reverse repurchase agreements, loan commitments, and letters of credit that can expose financial institutions to risks like credit, interest rate, and liquidity risks if not properly managed and disclosed.
This document discusses various types of off-balance sheet activities and the associated risks. It describes how special purpose entities were used by Enron to disguise debt through transactions with Citigroup and JPMorgan Chase. The Sarbanes-Oxley Act later imposed new disclosure requirements to provide a more comprehensive picture of companies' financial situations. Additionally, the document outlines specific off-balance sheet activities like reverse repurchase agreements, loan commitments, and letters of credit, and notes how they can expose financial institutions to risks like credit, interest rate, and liquidity risks if not properly managed or disclosed.
Jeff Winter from Omron STI presents on safety by design. Omron STI is a safety products and services company that is the market leader in North America. They discuss why safeguarding is important to avoid costs from fines, injuries, downtime. Regulations like OSHA require safeguarding to protect workers and save lives. Omron STI can help customers understand applicable rules and select appropriate safety products.
The document discusses different branding strategies including affinity branding, dispositional branding, and designing for a positive user experience. It emphasizes that branding is the process of associating a memorable design and user experience with a product or website. Effective branding creates an emotional connection and consistency through uniquely designing experiences that users will associate with the brand.
Keypoint is an app that allows users to build, edit, share, and view presentations on their iPhone. The developer released the first beta which had a rough interface and was the first presentation app for iPhone. After releasing a second beta with some interface tweaks and animations, the app became an Apple staff pick. An upcoming third beta will add features like exporting to Keynote, more options, and themes, with the goal of eventually releasing as a native iPhone app.
Nicholson is an executive search and recruitment firm that was originally established in 1989, acquired by senior management in 2004, and re-launched. They specialize in recruiting for middle management to board level positions within IT Solutions, Communication, and Enterprise Security & Risk. Their services include executive search, advertised selection, and contingency recruitment. They assist clients within various sectors including communications, financial services, media/entertainment, and more.
Los comerciantes mayoristas y minoristas en EE.UU. y Europa explotan a los trabajadores latinos y asiáticos al no pagarles correctamente, no cumplir con los contratos laborales y hacerlos trabajar más horas de las pactadas, aprovechándose de su condición de inmigrantes ilegales al negarles derechos básicos como ir al baño, comer e ir al médico. Además, a los trabajadores asiáticos sólo se les paga un dólar diario.
The Opportunity You've Been Waiting For!!!Michelle Spina
This document summarizes the Arbonne opportunity, which is a network marketing company that sells botanically-based skin care, nutrition, and other products. It discusses that anyone can become an independent consultant for a low startup cost and then earn income from retail profits and commissions from product sales. Consultants can earn more by building a team of other consultants. The average income amounts are provided for different consultant levels. It emphasizes that success depends on each consultant's effort and that most people initially join as customers before considering the business opportunity.
Motivation of LIFE🦅 बाज लगभग 70 वर्ष जीता है ....
परन्तु अपने जीवन के 40वें वर्ष में आते-आते उसे एक महत्वपूर्ण निर्णय लेना पड़ता है ।
उस अवस्था में उसके शरीर के
3 प्रमुख अंग निष्प्रभावी होने लगते हैं .....
पंजे लम्बे और लचीले हो जाते है, तथा शिकार पर पकड़ बनाने में अक्षम होने लगते हैं ।
चोंच आगे की ओर मुड़ जाती है,
और भोजन में व्यवधान उत्पन्न करने लगती है ।
पंख भारी हो जाते हैं, और सीने से चिपकने के कारण पूर्णरूप से खुल नहीं पाते हैं, उड़ान को सीमित कर देते हैं ।
भोजन ढूँढ़ना, भोजन पकड़ना,
और भोजन खाना .. तीनों प्रक्रियायें अपनी धार खोने लगती हैं ।
उसके पास तीन ही विकल्प बचते हैं....
1. देह त्याग दे,
2. अपनी प्रवृत्ति छोड़ गिद्ध की तरह त्यक्त भोजन पर निर्वाह करे !!
3. या फिर "स्वयं को पुनर्स्थापित करे" !!
आकाश के निर्द्वन्द एकाधिपति के रूप में.
जहाँ पहले दो विकल्प सरल और त्वरित हैं,
अंत में बचता है तीसरा लम्बा और अत्यन्त पीड़ादायी रास्ता ।
बाज चुनता है तीसरा रास्ता ..
और स्वयं को पुनर्स्थापित करता है ।
वह किसी ऊँचे पहाड़ पर जाता है, एकान्त में अपना घोंसला बनाता है ..
और तब स्वयं को पुनर्स्थापित करने की प्रक्रिया प्रारम्भ करता है !!
सबसे पहले वह अपनी चोंच चट्टान पर मार मार कर तोड़ देता है,
चोंच तोड़ने से अधिक पीड़ादायक कुछ भी नहीं है पक्षीराज के लिये !
और वह प्रतीक्षा करता है
चोंच के पुनः उग आने का ।
उसके बाद वह अपने पंजे भी उसी प्रकार तोड़ देता है,
और प्रतीक्षा करता है ..
पंजों के पुनः उग आने का ।
नयी चोंच और पंजे आने के बाद वह अपने भारी पंखों को एक-एक कर नोंच कर निकालता है !
और प्रतीक्षा करता है ..
पंखों के पुनः उग आने का ।
150 दिन की पीड़ा और प्रतीक्षा के बाद ...
मिलती है वही भव्य और ऊँची उड़ान पहले जैसी....
इस पुनर्स्थापना के बाद
वह 30 साल और जीता है ....
ऊर्जा, सम्मान और गरिमा के साथ ।
इसी प्रकार इच्छा, सक्रियता और कल्पना, तीनों निर्बल पड़ने लगते हैं हम इंसानों में भी !
हमें भी भूतकाल में जकड़े
अस्तित्व के भारीपन को त्याग कर कल्पना की उन्मुक्त उड़ाने भरनी होंगी ।
150 दिन न सही.....
60 दिन ही बिताया जाये
स्वयं को पुनर्स्थापित करने में !
जो शरीर और मन से चिपका हुआ है, उसे तोड़ने और
नोंचने में पीड़ा तो होगी ही !!
और फिर जब बाज की तरह उड़ानें भरने को तैयार होंगे ..
इस बार उड़ानें और ऊँची होंगी,
अनुभवी होंगी, अनन्तगामी होंगी ।
हर दिन कुछ चिंतन किया जाए
और आप ही वो व्यक्ति हे
जो खुद को सबसे बेहतर जान सकते है ।
सिर्फ इतना निवेदन है की छोटी-छोटी शुरुवात करें परिवर्तन करने की ।
Mobile UX Research: Travel Consumer Preferences for Mobile and TabletUserZoom
Webinar hosted by UserZoom on travel consumer preferences and landscape for mobile and tablet. Ania Rodriguez, CEO at Key Lime Interactive, also talked about mobile user experience research methods (both, qualitative and quantitative).
An interpreter serves as the communication link between a patient and medical staff by translating conversations, but their role is complex. Interpreters may be untrained individuals like family or coworkers. Effective communication is difficult as interpreters must bridge differences in education, culture, language, and taboo medical topics between patients and staff. Overcoming barriers requires interpreters to fully translate discussions while advocating for patients and educating staff on unfamiliar cultural practices.
Tailings systems in mines are often the object of Risk Assessments. Unfortunately common practices in Risk Assessment, using PIGs (Probability Impact Graphs) are arbitrary, lead to confusing and fuzzy results, offer very little decision making support and misrepresent reality. After demonstrating these pitfalls, the presentation shows how to do better by using ORE (Optimum Risk Estimates), a methodology developed by Riskope.
Riskope has developed a proprietary application that allows to package ORE results into cockpits addressing top and mid-management concerns, allowing strategic integration of risks in corporate policies.
The document provides an analysis of three key risks facing Caterpillar Inc: products liability, natural disasters, and labor disputes/expiring collective bargaining agreements. For each risk, the author identifies risk treatment techniques including risk financing (insurance, CAT bonds) and risk control (inspections, disaster recovery plans, funded risk retentions). Quantitative analyses like discrete loss distributions, NPV calculations, and event trees are used to evaluate the proposed risk treatments. The analyses conclude the risk treatment techniques would provide a positive financial impact for Caterpillar over the next 10 years by reducing expected losses.
Gs503 vcf lecture 7 innovation finance i 300315Stephen Ong
This document discusses financing innovation through R&D and the use of Monte Carlo simulation and real options analysis. It begins by looking at typical sources of R&D funding in the US and definitions of basic research, applied research, and development. It then discusses challenges in financing long-term projects like pharmaceutical R&D. Strategic alliances and licensing are presented as major sources of funding for small biotech companies. The document introduces tools like event trees, decision trees, and Monte Carlo simulation that can be used to evaluate projects with uncertainty. It explains how these tools relate to venture capital valuation of companies with significant R&D components.
This document discusses various types of off-balance sheet activities and the associated risks. It describes how special purpose entities were used by Enron to disguise debt through transactions with Citigroup and JPMorgan Chase. The Sarbanes-Oxley Act later imposed new disclosure requirements to provide a more comprehensive picture of companies' financial situations. Additionally, the document outlines specific off-balance sheet activities like reverse repurchase agreements, loan commitments, and letters of credit that can expose financial institutions to risks like credit, interest rate, and liquidity risks if not properly managed and disclosed.
This document discusses various types of off-balance sheet activities and the associated risks. It describes how special purpose entities were used by Enron to disguise debt through transactions with Citigroup and JPMorgan Chase. The Sarbanes-Oxley Act later imposed new disclosure requirements to provide a more comprehensive picture of companies' financial situations. Additionally, the document outlines specific off-balance sheet activities like reverse repurchase agreements, loan commitments, and letters of credit, and notes how they can expose financial institutions to risks like credit, interest rate, and liquidity risks if not properly managed or disclosed.
Jeff Winter from Omron STI presents on safety by design. Omron STI is a safety products and services company that is the market leader in North America. They discuss why safeguarding is important to avoid costs from fines, injuries, downtime. Regulations like OSHA require safeguarding to protect workers and save lives. Omron STI can help customers understand applicable rules and select appropriate safety products.
Blank Staff Paper - Music Staff Paper A4 - 700X900Karen Washington
The document discusses the development of a single chip machine vision technology for hazard detection in construction sites. It aims to develop a real-time video monitoring system using computer vision techniques to detect non-compliance with personal protective equipment (PPE) and alert supervisors. Higher rates of PPE compliance could reduce injuries, but supervisors cannot constantly monitor all workers. The system would support supervisors by automatically detecting safety issues. The main focus is developing this monitoring technology.
IQ is seeking capital to commercialize the first photochromic contact lenses, which will allow the lenses to change opacity in response to UV light exposure. The technology is patented. The startup aims to gain a 0.5% market share in the US contact lens market within 5 years, projecting $20 million in exit value. Clinical trials will evaluate the lenses' performance.
A complete financial report of the clean energy company known as comverge. Analysis includes an executive summary, company history, market analysis, financial analysis, analyst opinions, and a final recommendation.
1. The document discusses challenges in identifying emerging risks and proposes frameworks to assess emerging risks. It notes the increasing complexity, volume and interconnectedness of risks.
2. Traditional risk assessments often consider likelihood and impact, but the document advocates also considering risk velocity and duration. Emerging risks are often unexpected, high impact events rather than predictable low probability risks.
3. Leading companies focus on potential risk consequences rather than likelihood alone. Assessing business value at risk, threat magnitude, existing defenses and mitigation responses/costs is proposed for emerging risk evaluation.
This document provides an overview of quantitative risk assessment (QRA) methodology and worldwide risk tolerability criteria. It discusses conducting a QRA, which involves gathering data, identifying hazard scenarios, estimating frequencies and consequences, calculating risks, and comparing results to risk criteria. Key QRA outputs like individual and societal risk contours and graphs are presented. Risk tolerability criteria from organizations in the US, UK, France and Canada are reviewed, with examples shown of acceptable risk limits for public and workforces.
This dissertation examines Fiat's foreign direct investment in the US automotive market through its partnership and acquisition of Chrysler during the global financial crisis. It aims to assess the rationale for Fiat's investment in the high-risk US market and determine if the investment created shareholder value. The study uses a qualitative document analysis and quantitative Economic Value Added analysis of Fiat-Chrysler's financial data. Preliminary findings suggest Fiat invested in the US to access a more attractive geographical and business market. Strict risk management and ethnocentric strategies were also essential. The EVA analysis provides quantitative evidence the investment was profitable and created shareholder value. The partnership also benefited other stakeholders like employees, communities, and the government.
A recent slideshow I gave - for an industry association wishing to understand a little more about social media.
PPT is a collection of things I have come across. Also see my slides show on Measuring Social Media.
The document discusses the typical life cycle of businesses, which includes learning, growth, and decline phases. It specifically focuses on the five stages of decline: (1) hubris born of success, (2) undisciplined pursuit of more, (3) denial of risk and peril, (4) grasping for salvation, and (5) capitulation to irrelevance or death. While many businesses ultimately fail by stage 5, the document notes that some are able to recover through well-founded changes and renewal. Understanding what stage a business is currently in is important for choosing effective strategies to either prolong success or initiate recovery.
Creating alcohol-free environments to increase productivity and
save lives. That is the mission of Boulder, CO-based SOBR
Safe, Inc. The Company is integrating a preventative detection
technology platform through partnership, licensing and
acquisitions, and is in prototype phase with its launch product:
the patented, proprietary SOBRSafe™ device - a non-invasive,
touch-based identity verification and alcohol detection solution.
Startup Management Through The COVID-19 Crisis Live Webcast for Founders, Exe...Vitaly Golomb
Video here: https://tinyurl.com/vdttey9 (Recorded live on March 25th, 2020)
We covered immediate fund raising, M&A, legal, and operational considerations startup founders and executives need to focus on while navigating through the COVID-19 crisis.
Vitaly M. Golomb is the Managing Partner at GS Capital, will address what to expect in fund raising and M&A, as well as best practices on operations in an uncertain environment.
Louis Lehot is one of the leading corporate attorneys in Silicon Valley and the Founder of L2 Counsel. He will address best practices and key legal considerations.
The document discusses operational risk measurement using internal and external loss data to calculate aggregate mean loss and aggregate Value at Risk (VaR). Loss events are placed in a risk matrix and combined to form loss distributions for each risk type. A Monte Carlo simulation is then used to calculate the 99th percentile VaR, providing a measure of unexpected loss exposure. This integrated approach allows measurement of both expected and unexpected operational risk levels across an organization.
Risk is measured using internal and external loss data to calculate aggregate mean loss and Value at Risk (VaR). Loss data is organized in a risk matrix by business line and risk type. VaR is estimated using a Monte Carlo simulation to model loss distributions and calculate potential maximum losses over a given period. Measuring risk in this way allows firms to understand their operational risk exposure and how well risks are managed through controls.
Riskope has moved to their new site.
All our freely downloadable documents and blog will be stored there from now on.
Come visit, follow and register as readers.
This course is suitable for anyone who is involved in process hazards, risk quantification and preparation of 360 degrees, holistic, ISO 31000 compliant Risk Assessment for business, operations, projects.
The methodologies introduced in this course will greatly benefit money lenders, insurers in addition to corporate managers, upper management.
You should attend if you:
Want to do your best to ensure your business survival by proactively managing risks and crises.
Want to ensure healthy coverage (as an insurance, as an insured) and money lending (as a debtor, as a lender).
Want to be able to understand how the situation around and inside your company evolve and want to make sure you take advantage of the opportunities that arise.
Care about your workers, people, society and understand that it is important to leave a legacy that is better than the one you received.
Capitalize on the expert knowledge to gain maximum value on these vital issues:
IDENTIFY the risks that really matter and have the potential to disrupt your business
CONVINCE money lenders that your business will be sustainable in a world of shrinking credits
DISCOVER the issues that could lead to crises possibly hampering your growth
PINPOINT the threat that is lurking in any commercial contract, ready to bite you
EXAMINE what can you do if your insurance denies your next coverage
ANALYZE how can you best support the next critical decision in a transparent, rational way
EVALUATE what you can do by yourself and what should be done by a risk consultant; as well as REALIZE what you can ask from a risk consultant and what he should deliver
GENERATE value and proactively defend your business by understanding your business risk and crisis landscape.
Riskope were recently asked to provide a comprehensive five day course addressing Risk and Crisis Management, Risk Based Decision Making, Project Evaluation for top managers and key personnel at Investment Banks, Oil & Gas, Energy and Transportation.
Although companies willing to commit the resources for a five days intensive courses remain limited, we felt like it would be a good idea to share the program with our readership, as an example.
Of course our courses are scalable, from a couple hours up to this exhaustive review and custom tailored courses can be set-up by selectively picking the themes that most interest you/your organization. You can download the example file here.
Contact us today to discuss your custom made in house Risk and Crisis Management, Risk Based Decision Making, Project Evaluation! Armed with the skills you'll learn from Riskope you will have a competitive edge on your competitors, your ideas will be more defensible and sustainable, and your chances of success will multiply.
This document provides a summary of an ancient village located on Djebel that perfectly blends with the natural surroundings. The village is elegantly framed by geological folds and constructed from natural materials. It is located above a palm oasis for sustainable living, with stark, inhospitable peaks in the background. The image of the village combines humanity and nature living in harmony, and the author hopes this inspiring scene stays with the reader throughout the new year.
Es probable que en su empresa use una matriz semejante a una herramienta de ERM. (Manejo de Riesgo Empresarial, por sigla en inglés) ¡Su negocio merece algo mejor que esta primitiva herramienta! Dirija su empresa usando toda la información disponible resumida en un Puesto de Mando Corporativo, ORE! Estimación de riesgo óptima. Ahora puede manejar con seguridad.
Terremotos, tsunamis, terrorismo, guerra cibernética, incertidumbres económicas ¿Están todavía preguntandose porqué necesitan gestión de riesgos y modernas herramientas de decisión?
The Balangero asbestos open pit mine, located 35km NW of Torino (Italy), was the largest operation of this kind in Western Europe. The dry tailings were lifted by a conveyor belt from the mill and dumped over a natural slope with an approximate angle of 25 degrees, progressively reaching a maximum thickness estimated at 80 m.
By the '80s the dump was deeply scarred by various local and large scale instabilities, to the point that houses located at the toe, on the opposite side of the valley, were evacuated.
The award winning restoration project used a multidisciplinary approach including hydraulics, geotechnical, pedological and risk engineering to yield a well balanced and sustainable solution. This paper illustrates the Risk Based Decision Making (RBDM) process used through the feasibility, design and construction follow-up of the environmental restoration of the 60 Mm3 dry Balangero asbestos tailings dump.
The slopes were hit by storm Quinn and Medicane Rolf and came out unscathed. That was after surviving heavy summer storms in 2010 and 2011.
El documento describe un evento llamado Mining Management Summit 2011 que se llevará a cabo el 21 de noviembre en Bogotá, Colombia. El summit contará con cuatro expositores que hablarán sobre temas como la gestión de riesgos, la sustentabilidad en la minería, los riesgos financieros de la industria minera, y la crisis de talentos en el sector minero. El evento busca entregar una visión estratégica de la industria minera y fomentar el desarrollo de capacidades gerenciales entre los líderes
This example, that we presented at the WLF2 Conference in Rome, constitutes a complete and fully developed which included the following phases:
probabilistic behaviour forecast,
behaviour monitoring (which luckily allowed to actually “see happen” what we had predicted a few years earlier),
Risk Based Decision Making (RBDM), and finally
implementation of mitigative and crisis management plan.
Interestingly, in a curious turn of events, while doing some reconnaissance work on the landslide, two of us almost lost our lives in a helicopter crash. Risk managers are unfortunately not immune to risks...and somehow it was a good lesson for us to be in the “victim role” that day.
Traditional Risk Assessments use "heat maps", or risk matrices, to develop rankings, leading to decision making on projects, operations. Risks are ranked from larger to lower, sometimes splitting them into three or more classes of criticality.
Those approaches may be complaint with ISO31000, ONR49000, COSO, but they are not the best you can do!
As we will show in this paper, they actually lack in focus and transparency. Ingenious methods allow to reuse those data, however, and make far better decisions based on rational and sustainable rankings.
This presentation was used in May 2011 at RIMS Conference, Mining and Metal Session.
Recent world-wide events have painfully shown many industries that natural hazards can impair ingress/egress capabilities in any business areas. Mining, passengers, automotive and event electronics companies have suffered major drawbacks from climate, seismic, fire tornadoes and other hazards.
The presentation shows that careful risk and crises evaluation, management and attentive mitigation can lead to higher survival rate and event to gain competitive edge on less prepared companies.
This presentation was used as a base for a talk resented at RIMS Conference in Vancouver, May 2011, Metals and Mining Session. Recent world-wide events have shown
Toma De Decisiones Basada
En Riesgo En La Minería y Otras Industrias
SEGUNDA PARTE
Al final de esta presentación habrán aprendido a:
Iniciar un plan de gestión de riesgo y manejo de crisis (R&CMP, por su sigla en inglés)
Obtener el máximo retorno sobre la inversión de su R&CMP
Integrar de forma transparente los riesgos positivos (ganancias) y negativos (exposiciones, crisis) en el proceso de toma de decisiones
Estar “más conscientes” del panorama general
Priorizar de manera adecuada las inversiones en mitigación contra las exposiciones a riesgos y crisis
Toma De Decisiones Basada
En Riesgo En La Minería y Otras Industrias
Al final de esta presentación habrán aprendido a:
Iniciar un plan de gestión de riesgo y manejo de crisis (R&CMP, por su sigla en inglés)
Obtener el máximo retorno sobre la inversión de su R&CMP
Integrar de forma transparente los riesgos positivos (ganancias) y negativos (exposiciones, crisis) en el proceso de toma de decisiones
Estar “más conscientes” del panorama general
Priorizar de manera adecuada las inversiones en mitigación contra las exposiciones a riesgos y crisis
This document discusses three options for a medium-sized business (MSB) to manage its annual production of 5,000 liters of vegetable waste oil (VWO): 1) Maintain the status quo of contracting disposal, 2) Replace the furnace and burner to allow on-site burning of VWO, or 3) Replace just the burner to allow on-site burning. A risk-based decision analysis called CDA-ESM is used to evaluate the long-term costs and risks of each option over 20 years. The analysis finds that replacing just the burner provides the best return on investment with the lowest long-term costs of 196,340 euros, compared to 265,262 euros for the status quo and 112
If the Force Majeure Clause is properly written, with the help of a risk management specialist, then your contracts will be more robust.
Is something happens and one of the party invokes Force Majeure, then there will be less discussions, less chances to enter into litigation, and the situation will be resolved faster and cheaper.
Abstract: Two case studies: 1) introducing an inpit crushing & conveying system v.s. shovel &
trucking in a large dump reclamation project and 2) long term pumping v.s. encapsulation of a
very large, leaching, underground toxic waste storage, are presented to show that risks as a
discriminant parameter should be used for successful long term planning at the inception of any
project to manage rational decisions. One case is dealt with qualitatively at the prefeasibility
level and the other quantitatively at the preliminary design level.
At the prefeasibility level it is shown that graphic methodologies coupled with simple
procedures can efficiently pinpoint weakness areas, leading to better decisions and thus
appropriate mitigations. At the preliminary design level we show innovative approaches, which
eliminate the pitfalls of Net Present Value (NPV), a financial evaluator still used by many. The
NPV is replaced by an analytical tool called Comparative Decision Analysis/Economic Safety
Margin (CDA/ESMTM), used to compare alternatives in financial terms including: a) life’s cycle
balance encompassing internal and external risks over a selected duration, b) project
implementation and demobilization costs and risks. CDA/ESM has been successfully applied to:
rope v.s. road transportation, surface v.s. underground solutions, environmental projects,
transportation networks and go/nogo decisions.
Résumé: Deux études de cas sont présentées: 1) Introduction dans une mine à ciel ouvert d'un
concasseur couplé à une courroie transporteuse en remplacement de la classique solution
excavatricecamionnage pour la mise en demeure des stériles, 2) Pompage comparativement à
l'encapsulation a long terme d'un très grand stockage souterrain des déchets toxiques. Le but est
de montrer que les risques devraient être utilisés comme paramètre discriminant pour opérer des
décisions rationnelles, conduisant à la réussite de la planification à long terme, et ceci depuis le
début de n'importe quel projet. Le 1er cas est traité qualitativement au niveau de la préfaisabilité,
les autres quantitativement au niveau de la conception préliminaire.
Au niveau de préfaisabilité, il est démontré que les méthodes graphiques de pair avec des
procédures simples peuvent identifier efficacement les zones de faiblesse et de conduire à de
meilleures décisions, ce qui permet une réduction appropriée des risques. Au niveau de la
conception préliminaire, nous montrons des approches novatrices qui permettent d'éliminer les
pièges de la valeur actuelle nette (VAN), un outil financier encore généralement utilisé. La VAN
est remplacée par un outil d'Analyse Comparative de Decision / Marge de Sécurité Economique
(CDA/ESMTM), qui sert à comparer des alternatives en termes financiers, notamment: a) le cycle
de vie englobant les risques internes et externes, au cours d'une durée sélectionnée, b) le coûts et
les risques d'implémentation et de démobilisation . La CDA/ESMTM a été appliquée avec succès
au mode de transport par câble contre celui routier; aux solutions de surfaces contre celles sous
terraines, à des projets environnementaux , des réseaux de transport et des décisions oui/non.
Introducing Milvus Lite: Easy-to-Install, Easy-to-Use vector database for you...Zilliz
Join us to introduce Milvus Lite, a vector database that can run on notebooks and laptops, share the same API with Milvus, and integrate with every popular GenAI framework. This webinar is perfect for developers seeking easy-to-use, well-integrated vector databases for their GenAI apps.
Generative AI Deep Dive: Advancing from Proof of Concept to ProductionAggregage
Join Maher Hanafi, VP of Engineering at Betterworks, in this new session where he'll share a practical framework to transform Gen AI prototypes into impactful products! He'll delve into the complexities of data collection and management, model selection and optimization, and ensuring security, scalability, and responsible use.
Why You Should Replace Windows 11 with Nitrux Linux 3.5.0 for enhanced perfor...SOFTTECHHUB
The choice of an operating system plays a pivotal role in shaping our computing experience. For decades, Microsoft's Windows has dominated the market, offering a familiar and widely adopted platform for personal and professional use. However, as technological advancements continue to push the boundaries of innovation, alternative operating systems have emerged, challenging the status quo and offering users a fresh perspective on computing.
One such alternative that has garnered significant attention and acclaim is Nitrux Linux 3.5.0, a sleek, powerful, and user-friendly Linux distribution that promises to redefine the way we interact with our devices. With its focus on performance, security, and customization, Nitrux Linux presents a compelling case for those seeking to break free from the constraints of proprietary software and embrace the freedom and flexibility of open-source computing.
Goodbye Windows 11: Make Way for Nitrux Linux 3.5.0!SOFTTECHHUB
As the digital landscape continually evolves, operating systems play a critical role in shaping user experiences and productivity. The launch of Nitrux Linux 3.5.0 marks a significant milestone, offering a robust alternative to traditional systems such as Windows 11. This article delves into the essence of Nitrux Linux 3.5.0, exploring its unique features, advantages, and how it stands as a compelling choice for both casual users and tech enthusiasts.
Enchancing adoption of Open Source Libraries. A case study on Albumentations.AIVladimir Iglovikov, Ph.D.
Presented by Vladimir Iglovikov:
- https://www.linkedin.com/in/iglovikov/
- https://x.com/viglovikov
- https://www.instagram.com/ternaus/
This presentation delves into the journey of Albumentations.ai, a highly successful open-source library for data augmentation.
Created out of a necessity for superior performance in Kaggle competitions, Albumentations has grown to become a widely used tool among data scientists and machine learning practitioners.
This case study covers various aspects, including:
People: The contributors and community that have supported Albumentations.
Metrics: The success indicators such as downloads, daily active users, GitHub stars, and financial contributions.
Challenges: The hurdles in monetizing open-source projects and measuring user engagement.
Development Practices: Best practices for creating, maintaining, and scaling open-source libraries, including code hygiene, CI/CD, and fast iteration.
Community Building: Strategies for making adoption easy, iterating quickly, and fostering a vibrant, engaged community.
Marketing: Both online and offline marketing tactics, focusing on real, impactful interactions and collaborations.
Mental Health: Maintaining balance and not feeling pressured by user demands.
Key insights include the importance of automation, making the adoption process seamless, and leveraging offline interactions for marketing. The presentation also emphasizes the need for continuous small improvements and building a friendly, inclusive community that contributes to the project's growth.
Vladimir Iglovikov brings his extensive experience as a Kaggle Grandmaster, ex-Staff ML Engineer at Lyft, sharing valuable lessons and practical advice for anyone looking to enhance the adoption of their open-source projects.
Explore more about Albumentations and join the community at:
GitHub: https://github.com/albumentations-team/albumentations
Website: https://albumentations.ai/
LinkedIn: https://www.linkedin.com/company/100504475
Twitter: https://x.com/albumentations
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
Sudheer Mechineni, Head of Application Frameworks, Standard Chartered Bank
Discover how Standard Chartered Bank harnessed the power of Neo4j to transform complex data access challenges into a dynamic, scalable graph database solution. This keynote will cover their journey from initial adoption to deploying a fully automated, enterprise-grade causal cluster, highlighting key strategies for modelling organisational changes and ensuring robust disaster recovery. Learn how these innovations have not only enhanced Standard Chartered Bank’s data infrastructure but also positioned them as pioneers in the banking sector’s adoption of graph technology.
Unlocking Productivity: Leveraging the Potential of Copilot in Microsoft 365, a presentation by Christoforos Vlachos, Senior Solutions Manager – Modern Workplace, Uni Systems
Unlock the Future of Search with MongoDB Atlas_ Vector Search Unleashed.pdfMalak Abu Hammad
Discover how MongoDB Atlas and vector search technology can revolutionize your application's search capabilities. This comprehensive presentation covers:
* What is Vector Search?
* Importance and benefits of vector search
* Practical use cases across various industries
* Step-by-step implementation guide
* Live demos with code snippets
* Enhancing LLM capabilities with vector search
* Best practices and optimization strategies
Perfect for developers, AI enthusiasts, and tech leaders. Learn how to leverage MongoDB Atlas to deliver highly relevant, context-aware search results, transforming your data retrieval process. Stay ahead in tech innovation and maximize the potential of your applications.
#MongoDB #VectorSearch #AI #SemanticSearch #TechInnovation #DataScience #LLM #MachineLearning #SearchTechnology
For the full video of this presentation, please visit: https://www.edge-ai-vision.com/2024/06/building-and-scaling-ai-applications-with-the-nx-ai-manager-a-presentation-from-network-optix/
Robin van Emden, Senior Director of Data Science at Network Optix, presents the “Building and Scaling AI Applications with the Nx AI Manager,” tutorial at the May 2024 Embedded Vision Summit.
In this presentation, van Emden covers the basics of scaling edge AI solutions using the Nx tool kit. He emphasizes the process of developing AI models and deploying them globally. He also showcases the conversion of AI models and the creation of effective edge AI pipelines, with a focus on pre-processing, model conversion, selecting the appropriate inference engine for the target hardware and post-processing.
van Emden shows how Nx can simplify the developer’s life and facilitate a rapid transition from concept to production-ready applications.He provides valuable insights into developing scalable and efficient edge AI solutions, with a strong focus on practical implementation.
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
Building RAG with self-deployed Milvus vector database and Snowpark Container...Zilliz
This talk will give hands-on advice on building RAG applications with an open-source Milvus database deployed as a docker container. We will also introduce the integration of Milvus with Snowpark Container Services.
In the rapidly evolving landscape of technologies, XML continues to play a vital role in structuring, storing, and transporting data across diverse systems. The recent advancements in artificial intelligence (AI) present new methodologies for enhancing XML development workflows, introducing efficiency, automation, and intelligent capabilities. This presentation will outline the scope and perspective of utilizing AI in XML development. The potential benefits and the possible pitfalls will be highlighted, providing a balanced view of the subject.
We will explore the capabilities of AI in understanding XML markup languages and autonomously creating structured XML content. Additionally, we will examine the capacity of AI to enrich plain text with appropriate XML markup. Practical examples and methodological guidelines will be provided to elucidate how AI can be effectively prompted to interpret and generate accurate XML markup.
Further emphasis will be placed on the role of AI in developing XSLT, or schemas such as XSD and Schematron. We will address the techniques and strategies adopted to create prompts for generating code, explaining code, or refactoring the code, and the results achieved.
The discussion will extend to how AI can be used to transform XML content. In particular, the focus will be on the use of AI XPath extension functions in XSLT, Schematron, Schematron Quick Fixes, or for XML content refactoring.
The presentation aims to deliver a comprehensive overview of AI usage in XML development, providing attendees with the necessary knowledge to make informed decisions. Whether you’re at the early stages of adopting AI or considering integrating it in advanced XML development, this presentation will cover all levels of expertise.
By highlighting the potential advantages and challenges of integrating AI with XML development tools and languages, the presentation seeks to inspire thoughtful conversation around the future of XML development. We’ll not only delve into the technical aspects of AI-powered XML development but also discuss practical implications and possible future directions.
GraphSummit Singapore | The Future of Agility: Supercharging Digital Transfor...Neo4j
Leonard Jayamohan, Partner & Generative AI Lead, Deloitte
This keynote will reveal how Deloitte leverages Neo4j’s graph power for groundbreaking digital twin solutions, achieving a staggering 100x performance boost. Discover the essential role knowledge graphs play in successful generative AI implementations. Plus, get an exclusive look at an innovative Neo4j + Generative AI solution Deloitte is developing in-house.
Essentials of Automations: The Art of Triggers and Actions in FMESafe Software
In this second installment of our Essentials of Automations webinar series, we’ll explore the landscape of triggers and actions, guiding you through the nuances of authoring and adapting workspaces for seamless automations. Gain an understanding of the full spectrum of triggers and actions available in FME, empowering you to enhance your workspaces for efficient automation.
We’ll kick things off by showcasing the most commonly used event-based triggers, introducing you to various automation workflows like manual triggers, schedules, directory watchers, and more. Plus, see how these elements play out in real scenarios.
Whether you’re tweaking your current setup or building from the ground up, this session will arm you with the tools and insights needed to transform your FME usage into a powerhouse of productivity. Join us to discover effective strategies that simplify complex processes, enhancing your productivity and transforming your data management practices with FME. Let’s turn complexity into clarity and make your workspaces work wonders!
TrustArc Webinar - 2024 Global Privacy SurveyTrustArc
How does your privacy program stack up against your peers? What challenges are privacy teams tackling and prioritizing in 2024?
In the fifth annual Global Privacy Benchmarks Survey, we asked over 1,800 global privacy professionals and business executives to share their perspectives on the current state of privacy inside and outside of their organizations. This year’s report focused on emerging areas of importance for privacy and compliance professionals, including considerations and implications of Artificial Intelligence (AI) technologies, building brand trust, and different approaches for achieving higher privacy competence scores.
See how organizational priorities and strategic approaches to data security and privacy are evolving around the globe.
This webinar will review:
- The top 10 privacy insights from the fifth annual Global Privacy Benchmarks Survey
- The top challenges for privacy leaders, practitioners, and organizations in 2024
- Key themes to consider in developing and maintaining your privacy program
1. (c)Oboni Riskope Associates Inc.(c)Oboni Riskope Associates Inc. www.riskope.comwww.riskope.com foboni(a)riskope.com Pagefoboni(a)riskope.com Page 11 of 22 2013/04/XXof 22 2013/04/XX
Can We Stop Misrepresenting RealityCan We Stop Misrepresenting Reality
to the Public?to the Public?
By Franco Oboni,By Franco Oboni,
Cesar Oboni, Oboni Riskope Associates Inc.,Cesar Oboni, Oboni Riskope Associates Inc.,
www.riskope.comwww.riskope.com
Susan ZabolotniukSusan Zabolotniuk szabolotniuk@gmail.comszabolotniuk@gmail.com
2. (c)Oboni Riskope Associates Inc.(c)Oboni Riskope Associates Inc. www.riskope.comwww.riskope.com foboni(a)riskope.com Pagefoboni(a)riskope.com Page 22 of 22 2013/04/XXof 22 2013/04/XX
Let's start with a point we probablyLet's start with a point we probably
all agree upon:all agree upon:
There has been approximately half aThere has been approximately half a
century ofcentury of
PUBLIC DISTRUSTPUBLIC DISTRUST
3. (c)Oboni Riskope Associates Inc.(c)Oboni Riskope Associates Inc. www.riskope.comwww.riskope.com foboni(a)riskope.com Pagefoboni(a)riskope.com Page 33 of 22 2013/04/XXof 22 2013/04/XX
There was a time Public consideredThere was a time Public considered
Scientists trustworthy experts.Scientists trustworthy experts.
4. (c)Oboni Riskope Associates Inc.(c)Oboni Riskope Associates Inc. www.riskope.comwww.riskope.com foboni(a)riskope.com Pagefoboni(a)riskope.com Page 44 of 22 2013/04/XXof 22 2013/04/XX
Meanwhile governments wouldMeanwhile governments would
oftentimes neglect risk assessments,oftentimes neglect risk assessments,
leading, forleading, for
example, toexample, to
disastrousdisastrous
residential zoningresidential zoning
decisions,decisions,
generating vivid,generating vivid,
media-friendymedia-friendy
consequences .consequences .
5. (c)Oboni Riskope Associates Inc.(c)Oboni Riskope Associates Inc. www.riskope.comwww.riskope.com foboni(a)riskope.com Pagefoboni(a)riskope.com Page 55 of 22 2013/04/XXof 22 2013/04/XX
This simplified ISOThis simplified ISO
31000 scheme31000 scheme
shows theshows the
consideration givenconsideration given
to communicationto communication
and consultation atand consultation at
every stage of Riskevery stage of Risk
Assessment.Assessment.
Communication
andconsultation
RiskAssessment
Monitoringand
review
Documented
risk assessment
Communication and consultation wereCommunication and consultation were
considered, but rarely truly fosteredconsidered, but rarely truly fostered
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Standard practice CommunicationStandard practice Communication
evolution through Projects and Operationsevolution through Projects and Operations
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During the same period many IndustriesDuring the same period many Industries
became satisfied with Risk Assessmentsbecame satisfied with Risk Assessments
performed following “Common Practices”performed following “Common Practices”
based on "PIGs"based on "PIGs"
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PIGs add confusion and mislead becausePIGs add confusion and mislead because
they are arbitrary. Just ask one question:they are arbitrary. Just ask one question:
How is the prioritization criteria defined?How is the prioritization criteria defined?
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If we look at historic and recent sets of tolerabilityIf we look at historic and recent sets of tolerability
criteria and real probability-consequences data...criteria and real probability-consequences data...
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Cases will beCases will be
challengedchallenged
in Courtsin Courts
of Law againstof Law against
companiescompanies
using PIGs forusing PIGs for
theirtheir
riskrisk
assessmentsassessments
and theand the
resultingresulting
decisions.decisions.
...and plot the PIG on top, “hazardous”...and plot the PIG on top, “hazardous”
discrepancies become evident!discrepancies become evident!
?
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Using “frequency” instead of “probability”Using “frequency” instead of “probability”
creates confusion. They are not synonyms.creates confusion. They are not synonyms.
Frequency is not equal to probability in theFrequency is not equal to probability in the
high range; and in the low range it ishigh range; and in the low range it is
misleading!misleading!
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PIGs also lead to the so called “overwhelmingPIGs also lead to the so called “overwhelming
syndrome” as they lack of definition, they aresyndrome” as they lack of definition, they are
“binning exercises”.“binning exercises”.
PIGs can often result in too many “High” andPIGs can often result in too many “High” and
“Medium” risks.“Medium” risks.
Tackling, prioritizing and allotting resources to aTackling, prioritizing and allotting resources to a
large insufficiently differentiated portfolio of riskslarge insufficiently differentiated portfolio of risks
generally ends with:generally ends with:
- rejection of the results and- rejection of the results and
- no remedial action!- no remedial action!
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InformationInformation
ConfusionConfusion
Common Practices and sometimes codesCommon Practices and sometimes codes
have been adding to the brewinghave been adding to the brewing
confidence crisis by delivering misleadingconfidence crisis by delivering misleading
and fuzzy information.and fuzzy information.
Optimum level
of information
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Many of these problems can be solved by:Many of these problems can be solved by:
- Developing a transparent tolerability- Developing a transparent tolerability
thresholdthreshold
- Analyzing in a comprehensive way- Analyzing in a comprehensive way
potential consequences including socialpotential consequences including social
ripple effectsripple effects
- Using sensible quantitative analyses and- Using sensible quantitative analyses and
accepting the inevitable uncertainties.accepting the inevitable uncertainties.
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It is possible to do way better then theIt is possible to do way better then the
obsolete Standard Practicesobsolete Standard Practices
and the next slide shows one exampleand the next slide shows one example
from a real life holistic risk assessment.from a real life holistic risk assessment.
The results you will see INCLUDE ofThe results you will see INCLUDE of
course a specifically developedcourse a specifically developed
client's tolerability threshold.client's tolerability threshold.
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Acme Inc.
4 Divisions:
A,B,C,D;
Diversified
3 countries;
International
Exports.
Sources of ThreatsSources of Threats
Media VulnerabilityMedia Vulnerability
Potential Losses per ProductPotential Losses per Product
Hazardous SectorsHazardous SectorsLogistic RisksLogistic Risks
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Two general additional considerations:Two general additional considerations:
Designers performing Risk Assessments on theirDesigners performing Risk Assessments on their
own projects/designs oftentimes constitute a conflictown projects/designs oftentimes constitute a conflict
of interest that has been “picked-up” by publicof interest that has been “picked-up” by public
opinion.opinion.
Without a third party perspective Risk AssessmentsWithout a third party perspective Risk Assessments
most likely miss big picture items.most likely miss big picture items.
The process should be consultative, but too manyThe process should be consultative, but too many
times projects' developers “forget” that aspecttimes projects' developers “forget” that aspect
because of the “overwhelming syndrome” we willbecause of the “overwhelming syndrome” we will
discussed earlier.discussed earlier.
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Risk Communication cannot beRisk Communication cannot be
paternalistic... but a partnershippaternalistic... but a partnership
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Partnering with the public requiresPartnering with the public requires
communication, consultation andcommunication, consultation and
participation.participation.
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Communication has to be understandableCommunication has to be understandable
by all partners.by all partners.
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Trust andTrust and
Credibility mustCredibility must
be earned bybe earned by
using modern,using modern,
transparent andtransparent and
understandableunderstandable
methodologiesmethodologies
which includewhich include
and fosterand foster
communication.communication.
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Misrepresentation has to be avoided:Misrepresentation has to be avoided:
Unbiased “big picture”Unbiased “big picture”
view of risks,view of risks,
in depth consequencein depth consequence
andand
tolerability analysestolerability analyses
are necessary.are necessary.
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Long term is critical. If we do not evaluate itLong term is critical. If we do not evaluate it
right, our children will have to bear it.right, our children will have to bear it.