Black Swan Hunting: Managing the unknowable?

Are Black Swans the same as emergent risks? How can we manage the unknowable? Are we always condemned to be victims of uncertainty?
David Hillson addresses these and other topics in this interview with Pat Bradshaw recorded on 1 December 2021 for the Riskologists podcast series (riskologists.captivate.fm/).

[@sumeshnair4576]

Mr.Hillson's conversation style and the very basic principle of Risk ( according to me) is very similar, think simple & keep it to the point . Another great conversation and happy to be able to watch ( upside of technology :-) )

[@Risk-Doctor]

Thank you for your encourgement Sumesh, I'm glad my approach is helpful to you.

[@nikitachikita6974]

Great. But what do you think about Ulrich Beck, and Giddens, Douglas? Risk government? Abstract risks? Endangernment and the assessment of dangerousness level of criminal offenders?

[@Risk-Doctor]

Thanks for your questions Nikita. All of these are interesting and important topics. Of course it's not possible to cover everything in one interview, and the scope of this discussion was set by the interviewer. I'll consider these ideas for future discussions, thanks.

[@anishaelizebeththomas4447]

Sir, is power outage a technological risk?

[@Risk-Doctor]

Thanks for your question. A risk is an uncertainty that if it occurs will affect achievement of one or more objectives. So a power outage is only a risk if it would have an impact on our objectives. If your goal is to hold a picnic in the park, then it is not a risk!

[@anishaelizebeththomas4447]

I was asked to list technological hazards that can affect a manufacturing company so I hope blackouts/ major power outage can be a technological risk as it can affect the operations of the company. Am I right sir?

[@Risk-Doctor]

That sounds right to me!

[@anishaelizebeththomas4447]

@@Risk-Doctor thank you sir