Strategic Exposure Group is an advisory firm with an exclusive focus on the management of extreme catastrophic exposure from un-anticipatable events. Our practice is based upon the following premise:
Humans make all decisions based upon what we know, and we address potential adversities by envisioning them and then preventing or mitigating their impact. This system of generally addressing adversities is referred to as risk management. But experience shows that adversities can also arise from what is unknown or what cannot be foreseen by decision makers. Such adversities arising from the unknown and their impact cannot be prevented. After all we can’t prevent if we don’t know what it is we are trying to prevent. So, decisions that rely solely on risk management ignore the unknown. Ignoring and not allowing for the unknown in decision making leaves us unprepared for unforeseen challenges that can escalate an adversity into a catastrophe.
Decision making, by definition, is about future outcomes, and we cannot possibly know everything about the future. Therefore, every decision has some unknowns, which can give rise to adversities that cannot be prevented and can turn into catastrophes. Every decision!
Since a prevention-based approach cannot address catastrophes and meltdowns that cannot be prevented, a disciplined and different approach is needed to manage extreme exposure from un-anticipatable events.
This is true for all systems and organizations in every industry and in every situation, including everything from every day decisions to national policy decisions whether they are about economic policies, national security, war planning, climate change, energy, food, clean water, health care or in any other area.
This is the focus of Strategic Exposure Group, and with extensive operating and client experience we help senior managers and policy decision makers understand and internalize threats from the un-anticipatable and how to address them.
Please contact us via email at KPaul@StratExpoGroup.com to learn more and how we can help you address these critical issues effectively.
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