Enterprise Risk Management aims to address risks that might affect the enterprise at large. The process steps involve risk identification, assessment and prioritization as well as the development of risk responses. Continue reading Blending ERM and Scenario Planning
In the context of growing a business, but also for just running it, decision making and dealing with risk are core ingredients. In support of both dimensions more or less separate disciplines have emerged (Decision Analysis and Risk Management), each with its own Continue reading DA and RM: Join Forces?
Since I left my former employer Shell in 2015 I have become exposed to opportunity evaluation practices elsewhere in business. I found that everywhere the same discussion Continue reading Risk and discount rate: an unhappy marriage