In organisational risk assessment, financial risk assessment (and financial risk management) comes first, followed by occupational injury risk prevention and physical security risk assessment and risk management, especially for properties and facilities that are more vulnerable to a crime or… Continue Reading
I guess we all experience awkward moments from time to time, seeing simple basic truths behind complicated explanations. Buzzwords like “circular economy”, “sharing economy” or “universal basic income” are the most frequent examples. There is an abundance of such buzzwords… Continue Reading
Integrated reporting is based on two premises: That organisations behave like living beings (biological premise). That living beings exist holistically (holistic premise). Taken together, these two premises limit the possibilities of organisational philosophy, explanation, design, governance, control, risk management, and… Continue Reading
Stakeholder is something in what an issue has a stake. Continue Reading
Public relations from the metabolic perspective Continue Reading
Risk does not lie in probability of event, but in optionality. Risk should not be evaluated on rationality, but optionality, meaning on heuristic calculation of gains and loses which are in complex environment always asymmetrical. Lessons given by Nassim Nicholas… Continue Reading
Individual is the sole agent on the market of life. Continue Reading
What has famous Milton Friedman pencil case to do with circular economy and integrated reporting, this is a topic of this post. Milton Friedman “pencil case” can be found in his book “Free to Choose”. Shorter but explanatory enough version… Continue Reading