This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A principle of cascading disasters is that the world is ever more closely linked by networks on which we all depend for communications, commerce, enlightenment and entertainment. The cascade is a result of the progression of a shock through different kinds of vulnerability. References Fukuyama, F. The End of History and the Last Man.
Previously (Alexander 2013), I thought that Holling was wrong about resilience. Secondly, and more importantly, vulnerability, risk, impact and their controlling factors are all trending. Migration, conflict, climate extremes, proliferating technological failure and associated consequences all pose this kind of threat.
An example of this for the 2013 GAR can be found in Di Mauro (2014). It could be argued that political decision making is the greatest barrier of all to successful disaster risk reduction. Unofficial voices have suggested that the 'cure to damage ratio' for natural hazards is 1:43. GNCSODR 2015.
The study of disasters is a 'lateral discipline' that, to varying degrees embraces at least 42 other disciplines and professions (Alexander 2013). d) Intentional disasters, comprising all forms of terrorism and sabotage. (e) Warming has already begun to have a substantial effect on the magnitude and frequency of meteorological hazards.
At the same time, we see widening inequalities in who has access to recovery resources, and disparities in vulnerability that are too often predictable by socioeconomic status, race and ethnicity. Amidst all of this, we are overly dependent on a shadow budget for disaster response and relief that no one is planning.
Organizations of all types and sizes face a number of external and internal factors that make it uncertain whether they will achieve their goals; ERM can bring that uncertainty to lower levels. To perform a risk assessment, organizations need to do the following: Identify threats, vulnerabilities, and risks.
Are there differences at all? Not long ago, risk managers concerned themselves mainly with hazards such as fires and floods; or in the financial sector, loan defaults (credit risk). COSO’s ERM framework builds upon, and is intended to work with, the committee’s internal control framework issued in 1992 and updated in 2013.
We organize all of the trending information in your field so you don't have to. Join 25,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content