Risk management involves assessing and dealing with objective risks and therefore risk managers are expected to have reasonably advanced analytical knowledge and skills. However as noted earlier, many, if not most, of the elements within the uncertainty field do not provide much in the way of...

Ours is a complex world. On these five words will be built a foundation for an alternative way of framing our thinking about risk management. Complexity means many things, but a key feature is that outcomes cannot be predicted with certainty. In the best cases, opportunities arise to analyse and...