A Data-Driven Approach to Risk Management – The Risk Metrics Project Background & Overview

Establishing a set of metrics we can use for risk management and decision-making is a big topic I've been working on for a long time - over 20 years at this point. It's a challenging problem and one that has seen off better people than me but I think that a simple model will help speed up, simplify and remove the subjectivity from risk assessments. In turn, that will help improve the speed and quality of our decision-making. Here's an outline of the project

Who’s Your Organization’s Barbara?

'Barbara' is my shorthand for the person who's essential to an organization. The real Barbara was the founder's EA at a firm where I worked and, having been there since the very beginning, knew everything there was to know about the business. But over time, I realized that most organizations have a Barbara (or Bob) and they're essential to keeping things going.

A Quick Way to Establish Context and Develop Understanding

A large selection of eyeglasses

Data or information by itself is meaningless. For it to be useful, we need to add context. This is the difference between information and intelligence: once we've analyzed the information and put it into context, the resultant intelligence gives us an understanding of a situation.  Developing this context can be difficult but this technique of applying different lenses will help you establish context and put your information to work quickly.