At a recent Columbia SPS Author Spotlight, ERM Associate Director and Lecturer Rich Lauria and Capita Solutions CEO John Burkhardt explored how managing risk starts with understanding the mind.
Risk-based decision is the idea that it makes more sense to take certain risks in certain situations and less sense to take other risks in those same situations. For example, if you are in your house ...
"Fear is a very powerful weapon. Fear doesn't give you the freedom to decide... Don't act of out fear." —The Sea Inside (2004) Decision-Making: Cognitive and Emotional How do we make decisions? Many ...
For business leaders, dashboards are everywhere: We use them to manage everything from performance to risk. However, I frequently find myself lost when staring at crowded dashboards. The worst aspect ...
One of the most difficult times to make ethical decisions is when there is great uncertainty about what the best decision is, or how to go about achieving that best end. Here I will present six ...
The U.S. Food and Drug Administration recently issued a draft guidance titled, “Benefit-Risk Assessment for New Drug and Biological Products,” which aims to provide a clearer understanding how a ...
Admiral Stavridis (Ret.) was the 16th Supreme Allied Commander at NATO and is Vice Chair, Global Affairs at The Carlyle Group and Chair of the Board of the Rockefeller Foundation. He is the co-author ...