simplifying risk management
Each of the recent bank that failed was in a different position, and no single factor caused these banks to get into trouble. However, these recent events provide some essential takeaways for risk and communications managers. Here are four I think are worth thinking about.
Daily SITREP for Friday, March 17, 2023 Read this on the Blog Welcome to the SITREP for Friday, March 17, 2023. Two very different banking crises played out this last week and, while both seem to be over, the panicky reactions in world markets indicates a lot of FUD (fear, uncertainty, and doubt) has built … Continue reading SITREP for Friday March 17 2023
Regular training is necessary to ensure your leadership team is prepared for a crisis. But getting a management team to buy into what seems like a lot of training time can be tricky. Here's how to sell the idea of frequent training.
The other afternoon, I was curious (and possibly a little bored...) and set myself a challenge. Could I use generative AI to build realistic input for crisis management exercises?**Spoiler - yes, I could.
Good morning. America hit the debt limit yesterday: that means no more borrowing is possible until the debt ceiling is lifted. The government will keep running and paying the bills for a few months because funds have already been appropriated or because the extraordinary measures introduced by Treasury Secretary Yellen provide additional financial flexibility. The … Continue reading America defaults (kind of), using these metrics, and the value of delaying your morning cup of Joe.
Good morning. The newly released 2021 Chinese census showed a surprising drop in population for the first time in 60 years which, while not unexpected, was earlier than many had expected. Meanwhile, millions in Asia are preparing to celebrate the Lunar New Year which for many in China, means it’s the first chance to see … Continue reading China’s population is shrinking and moving. Why ‘recyclable’ doesn’t mean what you think it means.
Good morning. First, a clarification In yesterday’s piece on sovereign debt, I said that Secretary Janet Yellen had announced that the US would hit the debt ceiling in early June and she was implementing special measures to help manage that process. In fact, Secretary Yellen said that the US will probably hit the ceiling around January 19 … Continue reading Some news from Davos while the metrics remain relatively quiet. Plus giant space lasers.
Good morning. *ding!* You've got mail.... 📬 Welcome to the first Daily SITREP! No more anxiously waiting between updates: now you’ll be getting the metrics and critical events delivered to your inbox daily, Monday - Friday. Please keep the feedback coming - that way, I can make this as useful as possible (and not waste … Continue reading A Mid-January reality check and why you need to pay attention to sovereign debt
GM and welcome to So What: your daily snippet of risky goodness that adds one extra headache to your to-do list. (But you'll read it right away tomorrow anyway.) Let's dive in. 1685 words - 6 mins, 30 seconds read time TL;DR The UFLPA addresses US concerns about the use of the Uyghur as forced … Continue reading The Uyghur Forced Labor Prevention Act Just Came Into Effect: So what?
GM and welcome to So What: your snippet of risky goodness that (in this case) will bum you out before breakfast (you are reading this before breakfast, right?) Let's dive in. 1,200 words, 4:48 reading time 1/5 of the world's grains originate from Ukraine and Russia, meaning the Russian invasion of Ukraine is causing a … Continue reading Ukraine and Russia Produce Over 1/3 of the World’s Grains. So what?