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Reflecting on Heuristics

Steve Shu Consulting

What type of risk analysis have you done? For example, people often talk about a 4% drawdown rule/heuristic for using your wealth at retirement (e.g., use up 4% of your wealth each year). But one has to remember that using up your wealth is essentially an irreversible process. What happens if you live 40 more years?

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AI-Powered Clean Tech: Transforming Business Operations

Tom Spencer

Consulting firms can also develop a roadmap to outline the steps required for successful integration, including technology acquisition, data collection and analysis, and training of personnel. AI algorithms rely on having access to large high-quality data sets for accurate analysis and decision-making.

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Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization

Epicflow

The classifications of risks mentioned in the previous section will also be useful to determine possible threats. . Step 3: Analyzing risks. Risk analysis involves estimating the probability of risk occurrence and the impact of the defined risks. Risk Management in Engineering. . Dawson, Scott.

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The Ultimate Guide to Manufacturing Project Management: Best Practices and Strategies

Epicflow

Plan for uncertainties and risks Remember that project plans should not be deterministic as if nothing is going to change during the work on a project. You can use this feature to test the most effective way to resolve bottlenecks or check how it’s better to respond to risks.

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What You Need to Learn from DiGiorno Pizza’s Foolish Twitter Gaffe

Melissa Agnes

Had they taken the 10 seconds to do a risk analysis (or simply understand the use of the hashtag), “a million apologies” wouldn’t have been necessary. Only problem was, they didn’t take that quick 10 seconds to understand the meaning behind the hashtag before posting. A million apologies.

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#CrisisRoundup of Awesome Links: Week of September 8, 2014

Melissa Agnes

Help Prevent A Crisis With A Social Media Risk Analysis. Risk analyses are so important. Other articles worthy of your attention. 3 Important Takeaways from Emory University Hospital’s Ebola Controversy. Written by yours truly , this article discusses exactly what the title promises! I can’t stress that enough!

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TCIP #059 – The Human Capital Component Of Crisis Management, With Sam Miller

Melissa Agnes

An important question that should be added to your risk analysis – every time. This episode of The Crisis Intelligence Podcast discusses: The human and emotional factors that should be incorporated into your crisis preparedness and response.