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Dr Colin Lawrence on Risk & Uncertainty

Dr Colin Lawrence on Risk & Uncertainty

FromThe Human Risk Podcast


Dr Colin Lawrence on Risk & Uncertainty

FromThe Human Risk Podcast

ratings:
Length:
62 minutes
Released:
Dec 11, 2020
Format:
Podcast episode

Description

What's the difference between Risk and Uncertainty? That's what my guest on this episode, Dr Colin Lawrence, helps me to explore. He's spent his entire career looking at risk and has been a Chief Risk Officer, Regulator, Risk Adviser and Academic. So he's got real experience of what it means to consider risk and manage it.In the episode, we explore what risk means in the context of COVID, water shortages, geopolitics, history and a number of social trends. Colin provides some fascinating insights that will stimulate your mind and get you thinking about risk in new ways. A common manifestation of Human Risk, is an inability to manage risk; the very things that get us into trouble, are the very things that make us bad at managing risk!You can find out more about Colin and get in touch with him via LinkedIn:https://www.linkedin.com/in/colin-lawrence-non-executive-director-board-advisor/or via email colin.lawrence[at]riskandfinancial.comDuring our discussion, Colin mentions a number of books:Professor Yuval Noah Harari - 'Lessons for the 21st Century'.https://uk.bookshop.org/books/21-lessons-for-the-21st-century/9781784708283Kim Stanley Robinson - 'The Ministry of the Future' https://uk.bookshop.org/books/the-ministry-for-the-future/9780356508832Robert Harris - 'Munich'https://uk.bookshop.org/books/munich-the-price-of-peace-may-be-too-high-to-bear/9781784751852He also highlights two articles:A New Yorker article on the water shortage in Cape Town:https://www.newyorker.com/science/elements/coming-to-terms-with-a-life-without-waterA NY Times article on the lawyer who set up her own law firm to allow her to fulfil her parenting obligations:https://www.nytimes.com/2015/05/03/business/a-woman-led-law-firm-that-lets-partners-be-parents.htmlAnd finally a podcast by Ezra Klein on Vox: https://www.vox.com/ezra-klein-show-podcast
Released:
Dec 11, 2020
Format:
Podcast episode

Titles in the series (100)

People are often described as the largest asset in most organisations. They are also the biggest single cause of risk. This podcast explores the topic of 'human risk', or "the risk of people doing things they shouldn't or not doing things they should", and examines how behavioural science can help us mitigate it. It also looks at 'human reward', or "how to get the most out of people". When we manage human risk, we often stifle human reward. Equally, when we unleash human reward, we often inadvertently increase human risk.