A Review of the Use of Complex Systems Applied to Risk Appetite and Emerging Risks in ERM Practice

Posted on September 27, 2012 by systemic

A paper by N Allan, N Cantle, P Godfrey and Y Yin which applies new thinking and techniques from complex systems science to two key areas for risk management and governance identified in the Walker report.

Click here for video & slides

Follow this link for the full report http://www.actuaries.org.uk/research-and-resources/documents/review-use-complex-systems-applied-risk-appetite-and-emerging-ris-0

 

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Posted in Actuaries, Adaptive, Approaches, Complex, ERM, Evolving, Management, methodology, Strategic, Systems, Techniques, Thinking and, Tools
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The more we study the major problems of our time, the more we come to realise that they cannot be understood in isolation. They are systemic problems, which means that they are interconnected and interdependent. Capra (1996)