Black Swans and Swiss Cheese – A Boat Crash in Baltimore
Plan B Consulting
APRIL 2, 2024
This is a classic business continuity and emergency response incident, and I thought I would examine it through the lens of a couple of risk management concepts: black swan events and Reason’s Swiss cheese theory. Black swan events, popularised by Nassim Nicholas Taleb, are rare events that have a major impact when they occur.
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