Global Risks In 2013: Erwann Michel-Kerjan On Preparing For Catastrophe
1) "It is possible to see [risks] coming from afar and prepare your organization/country in a timely fashion."
2) "Risk management has become too important to be left to risk managers alone and is now being elevated to Board and Cabinet discussions as a core strategy."
3) "There are winners and losers in this more volatile and short-termism world, and the gap is already widening. Decision makers need to take informed actions."
We need to take action now to ensure a more prosperous future—especially since the number of extreme weather events taking place each year is rising exponentially. In the past few years, in fact, there has not been a 6-month period that went by without a major crisis taking place that affected multiple countries and industries. In his lectures at the Wharton Business School, and in his keynotes, Michel-Kerjan shares his highly sought after insights on how to prepare for, and even profit from, these "black swan" risks.