In Episode 13 of riskologists, our host, Patrick Bradshaw, is joined by Dr. David Hillson, also known by his alias The Risk Doctor, where they discuss ‘Black Swans’ and how best to prepare for them. This includes:
What constitutes a Black Swan and where this originates from
Examples of Black Swans in recent history and whether the coronavirus pandemic was a Black Swan
If Black Swans are subjective or objective
If they are unknowable does this mean they are unmanageable
How to best prepare your business for the emergence of Black Swans