by jhmclaims | Feb 27, 2014 | Risk Management
I promised to warn you about some of the ways you can be deliberately or accidentally misled by statistics, so you can guard against these tricks and so you can be careful not to inadvertently be guilty yourself. Here then is one popular misuse of statistics I see...
by jhmclaims | Feb 24, 2014 | Risk Management
Over the last year I have listened to quite a few “inspirational” speakers, some of whom I have found more helpful than others. One speaker said that there are two kinds of people in business: lions and hedgehogs! His point was that when a hedgehog is threatened it...
by jhmclaims | Feb 20, 2014 | Risk Management
In Risk Management we use statistics a lot. This is something we have in common with people involved in medical and other areas of scientific research. Unfortunately, however, we are also in the company of politicians, journalists and salesmen: groups generally...
by jhmclaims | Feb 17, 2014 | Risk Management
As I have previously mentioned, I will be writing a series of articles about World War I and the lessons we can learn from it. Most of these will apply to many aspects of life, but I hope you will find all of them particularly relevant to managing risk. One of the...
by jhmclaims | Feb 15, 2014 | Risk Management
Unfortunately, many people really think that Risk Management is about compliance with a set of rules laid down by some external body such as your financial backer, your insurer, or someone you want to do business with, often as part of a tendering process. Of course...
