Risk Analysis - Management Consulting Connection

Reflecting on Heuristics

Steve Shu Consulting

MAY 18, 2017

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?

Risk Analysis

Risk Analysis Analysis Examples Management

AI-Powered Clean Tech: Transforming Business Operations

Tom Spencer

JULY 28, 2023

By providing technology assessments, data management strategies, risk analysis, regulatory guidance, and change management support, consulting firms can empower organizations to successfully adopt AI-powered clean technologies. Consulting firms can play a vital role in guiding companies through this transformative process.

Operations

Operations Consulting Energy Ethics

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

Epicflow

JUNE 10, 2022

To identify possible project risks, it’s reasonable to analyze historical data, consult stakeholders and the project team as well as perform simulations. The classifications of risks mentioned in the previous section will also be useful to determine possible threats. . Step 3: Analyzing risks. Risk Management in Engineering. .

Engineering

Engineering Management How To Risk Analysis

The Importance of Project Risk Management for A&E Firms

Progressus

AUGUST 29, 2023

With all the uncertainties that are inherent to construction projects, there are some key best practices when it comes to developing a credible cost estimate: an accurate project scope access to detailed documentation and historical data standard processes and work break down structures to ensure that no portions of the estimate are omitted and make (..)

Management

Management Comparison Analysis Risk Analysis

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

Melissa Agnes

SEPTEMBER 10, 2014

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.

Case Study

Case Study Case Studies Risk Analysis Trends

Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

Epicflow

MARCH 22, 2023

Poor risk management In times of instability and uncertainty, projects are vulnerable to negative risks more than ever, which highlights the need for thorough risk analysis and preparation to respond to them beforehand.

Resources

Resources Management Efficiency Analysis

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

Melissa Agnes

SEPTEMBER 12, 2014

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!

Risk Analysis

Risk Analysis Healthcare Travel Conference

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

Melissa Agnes

FEBRUARY 1, 2017

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.

Management

Management Risk Analysis Government Healthcare

TCIP #016 – Malaysia Airlines Crisis Management with Jonathan Hemus

Melissa Agnes

SEPTEMBER 21, 2014

If you’re a regular reader/listener of mine, I don’t have to tell you what I think of this and the lack of risk analysis (or common sense) that went into this “campaign”, but that aside, as this incident happened after this podcast was recorded, we do not discuss its foolishness in this episode.

Airlines

Airlines Management Risk Analysis Analysis

Creating a Risk Register: All You Need to Know

Epicflow

APRIL 29, 2022

Risk analysis and management: a vital key to effective project management. Paper presented at Project Management Institute Annual Seminars & Symposium, San Antonio, TX. Newtown Square, PA: Project Management Institute. Lavanya, N. & & Malarvizhi, T. Newtown Square, PA: Project Management Institute.

Management

Management Resources Examples Risk Analysis

These Smart Social Media Tactics Will Help You Prevent A Crisis

Melissa Agnes

SEPTEMBER 16, 2014

These three social media tactics, anchored in a regular risk analysis can go a long way to helping you prevent a crisis. What are your core influencers saying? What is the media saying? Are they the source of misinformation? Do you need to reach out to them in private?

Media

Media Training Training Risk Analysis

The Impact of Carbon Taxation on Supply Chains in China

Comatch

MAY 16, 2022

Perform risk analysis on the impact of the carbon border tax and rising energy costs across their value chains, and upstream beyond tier 1 suppliers. Monitor the carbon emission level across their supply chain and the evolving regulatory landscape in both Europe and China.

Chemicals

Chemicals Energy Policies Metrics

Hourly Workers Need Flexibility the Most, But Are Often the Least Likely to Get It

Harvard Business

MAY 7, 2018

For example, Northern Trust recently conducted a risk analysis and allowed many employees to become mobile workers if they agreed to work in the office at least one day a week and to work at home one day a week. Some have already started.

Policies

Policies Real Estate Risk Analysis Study

How AI Is Changing Contracts

Harvard Business

FEBRUARY 12, 2018

Additionally, AI contracting software can quickly assess risk in contracts (performing the risk analysis much faster than a team of lawyers) by identifying terms and clauses that are suboptimal. And it can reduce the risk of human error in contract drafting and review. New Processes Require New Skills.

Software

Software Tools Risk Analysis Examples

Make “Fairness by Design” Part of Machine Learning

Harvard Business

AUGUST 1, 2018

More recently, a study compared the commonly used crime risk analysis tool COMPAS against recidivism predictions from 400 untrained workers recruited via Amazon Mechanical Turk. The results suggest that COMPAS has learned implicit racial biases, causing it to be less accurate than the novice human predictors.

Training

Training Training Data Groups

Management Consulting Connection

Reflecting on Heuristics

AI-Powered Clean Tech: Transforming Business Operations

Trending Sources

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

The Importance of Project Risk Management for A&E Firms

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

Saving ?osts in a Long-Term Perspective: How a Resource Management Solution Will Help You Gain More in the Long Run

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

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

TCIP #016 – Malaysia Airlines Crisis Management with Jonathan Hemus

Creating a Risk Register: All You Need to Know

These Smart Social Media Tactics Will Help You Prevent A Crisis

The Impact of Carbon Taxation on Supply Chains in China

Hourly Workers Need Flexibility the Most, But Are Often the Least Likely to Get It

How AI Is Changing Contracts

Make “Fairness by Design” Part of Machine Learning

Stay Connected