CCRO meeting discussion:Risk Mgt Theory: Low Frequency High Impact Risks or "Scare yourself out of business"
by Bob Anderson
Following is a discussion with CCRO members at the April 27 meeting, led by Jim Allison. We delve into the challenging issue of managing the many low-frequency but high impact events that energy companies face. Members discuss & debate their various ideas for measuring and managing these unwieldy risks ... continued