From its beginning as a Latin expression, “black swans” was used as a term to describe impossibility, taken from the assumption that all swans must be white, as historical records exclusively stated that swans had white feathers - until black swans were discovered in Australia...
Passengers and cabin-crew were shocked alike; no-one expected to see sparks ripping out the back of both the engines of flight 8303. The one-and-a-half-hour internal flight from Lahore had been normal and weather conditions were fine the whole way. Scorch marks indented the runway of...
Wherever you work in an organisation, risk management is a vital part of any long-term decision-making process. Such things work better as an ongoing process rather than an ad-hoc, irregular effort. However, to be able to come up with a useful risk management programme, we first...
September 1983. Clouds of dust envelop large trucks arriving at a New Mexico landfill site in the dead of night. Thousands of video game cartridges are crushed in concrete and buried in the Alamogordo desert. An urban myth or truth stranger than fiction? Rumour and...
Some risks are so obvious it is unimagineable that people could forget them. This story about the explosion at the Enschede fireworks factory has important lessons for us today....
Boeing has lost its way. From having been the renowned leader in the manufacturer of safe jetliners, a subtle change of management emphasis set in play, a dramatic change in their risk profile that would take decades to reveal itself....
