Today, we talk geopolitical risk, an area that, if recent surveys are to be believed, keeps CEOs up at night more than anything else. My guest is Derek Leatherdale. Derek is the founder and managing director of GRI Strategies, which helps companies thrive in a volatile world. He does that by helping them think through and respond to geopolitical risk.
Prior to that, Derek set up and ran the Geopolitical Risk Function at HSBC, helping integrate expert geopolitical risk insight into the way in which the bank manages risk. And prior to that, Derek worked in national security and intelligence roles for the UK government. He works with boards and senior leaders on issues related to geopolitics.
This one is a great conversation, not just because we talk about a fascinating area of risk, but also because it provides insights into the complexities of decision-making at large organisations. And even if you don't work in a large corporate, I think you'll find this one very interesting. The world is indeed complex and uncertain and getting more so, and it's interesting to consider how to make sense of that complexity and to make practical decisions around it, and I think that Derek's insights help us do that.
Show notes:
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Today, I speak to Sabrina Segal about managing risk in the so -called “third sector”, which is the charity and non-profit sector. Sabrina is an international development and humanitarian assistance professional. She has worked on the ground during many humanitarian crises and international development roles in the likes of the Middle East and North Africa, Sub -Saharan Africa, and South Asia.
She is an attorney by training, but for the past few years has been involved in risk management and decision making in the third sector. And she hosts a podcast called Tolerable Risk, which provides insights on these topics.
And we get into all of that in this conversation. And I always find insights about risk and decision making from other contexts to be fascinating because there are always a number of transferable things. The third sector deals with high stakes issues, use, complex relationships, and resource constraints. You will hear that that context is incredibly important when it comes to managing risk. You will also hear that ‘traditional risk management’ simply doesn't work in this context. And we talk a lot about that. And what I find very impressive and inspirational about what Sabrina does is that she is setting out to change that, and you will certainly hear more about that too.
Show notes:
_ _ _ _ _ _ _ _ _
Like what you heard?
Subscribe to All Things Risk wherever great podcasts are found: https://thedecisionmaking.studio/podcast
Learn more about The Decision-Making Studio
Drop us a note: allthingsrisk@gmail.com
Our second in a thing called "Decision Reactions"
Show notes: NPR piece: https://www.npr.org/2021/09/29/104149... Original Al Jazeera piece: https://www.youtube.com/watch?v=eOjV6...
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