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Category: Risk

A possible counter to Canadian risk aversion 

A U.S. report by Deloitte looks at how federal agencies can build what it calls a "risk appetite framework" based on their risk tolerance. Some of its ideas should be of interest here where risk aversion is an endemic disease.

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The business case for resilience 

When it comes to catastrophic manmade or weather-related events, it might be time to retire the old expressions “once in a lifetime” and “one in one hundred years.”

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Prevention-focused people and risk aversion 

If there’s one thing we talk about all the time in government, it’s risk. And while we often bemoan the timidity of the public sector, and talk about creating a culture of risk in government, what we really want to know is: what are its limits and how can I “manage” it?

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Policy dashboard: Foresight, intelligence and business analytics 

Wayne Gretzky used to say, “I skate to where the puck is going to be.” This philosophy applies equally to government programs and policies which can only succeed if they reflect and understand where the players and environment are going to be.

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