Taming the Risk Hurricane

eight

Practicalities

We’ve come a long way through the preceding chapters, drawing on our rich extended metaphor of the natural hurricane. Along the way, we have:

1. Presented the concept of a Risk Hurricane, defining it as “circumstances of extreme risk exposure in business that lead to major disruption”

2. Understood the preconditions that allow a Risk Hurricane to form, including a highly uncertain external environment and a weak organizational risk culture, combined with high rates of change

3. Considered how to define a range of potency levels for Risk Hurricanes, creating categories that are based on intensity of risk exposure and severity of potential disruption

4. Examined the range of effects a Risk Hurricane can have on people in your ...