There are some global demographic trends that are already underway and their impact is already being felt so this is not a prediction but an acknowledgement of reality. At a high level, countries like Japan, China, Germany etc. have a shrinking work force while the growth will be…
Browsing: Risk Management
As promised, here are some thoughts and observations from the conference. As we have observed in the past, this is one group where professionals from both sides get together and talk about their respective processes. What has been fascinating to watch is how the language has changed in…
We have written and spoken about Risk Management extensively – both in the Public and Private sectors. The conundrum has often been the inability of organizations to take actions (certain costs) in the face of projected impacts (uncertain future). Certainly Hurricane Katrina and Sandy are the most recent…
Would You Be Prepared If… A major European or Asian port is shut down for weeks due to a strike, earthquake, explosion, hurricane or attack? A major tier two offshore supplier suddenly goes bankrupt or ceases operations altogether? The lead time – not to mention the costs –…
As of today, the yuan has fallen by close to 5% with some reports that the target is 10%. Technically, China is letting market forces determine the yuan’s price and not peg it to the dollar. And the market is extremely nervous about the state of China’s economy…