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Useful Rules for Strategic Foresight and Risk Management from Taleb’s The Black Swan - The Red Team Analysis Society
This second article on The Black Swan: the impact of the highly improbable by Nassim Nicholas Taleb emphasises some of the author’s points that are crucial for foresight and warning. Likewise, they are necessary for any work dealing with the future and its anticipation, from risk management to horizon scanning through early warning. The methodology of SF&W and risk management allows addressing these points. They should become rules and principles all analysts follow. Indeed, without paying attention to them, good analysis is impossible. The first article on The Black Swan can be accessed here. Humility (Notably pp.190-200) Considering uncertainty, but also our imperfect condition of human beings, the complexity of the social world, feedbacks, our more than insufficient knowledge and understanding, we must ....
Dr Helene Lavoix (MSc PhD Lond)