Risk Management – Principles for Responding to Unexpected, Catastrophic Black Swan Events

Black Swans events are rare (low probability), catastrophic (high impact) incidents that are seemingly unpredictable, go unrecognized, or are deemed so unlikely as to not reasonably warrant expensive preventive measures. There characteristics include:

Hi there! Gain access to this article with a StrategyDriven Insights Library – Total Access subscription or buy access to the article itself.

About the Author

Nathan Ives is a StrategyDriven Principal and Host of the StrategyDriven Podcast. For over twenty years, he has served as trusted advisor to executives and managers at dozens of Fortune 500 and smaller companies in the areas of management effectiveness, organizational development, and process improvement. To read Nathan’s complete biography, click here.

Related content from StrategyDriven

 

Preventing Catastrophic Industrial Accidents

Social Media Publication Timing

Principles for Responding to Black Swan Events

Online Marketer & Website Developer – Volume 1, January 2020