This Is Just a Test: In a panel conversation this week, one of the panelists noted that a lot of companies, who thought they have solid emergency plans, discovered that they did not. That’s the bad news. Of course, the good news is that for many, the pandemic is a reasonably straightforward way to test our systems without real structural …
The Thing About Risks
Business is a risk: The trick is to figure out how to measure the risk. Then to do what we can to mitigate the risk. And finally to decide if the Return On the Investment (ROI) for taking the risk is positive in our minds. Insurance companies are, of course, in the business of doing just that—measuring risk and calculating …