Cavalcade of Risk Sesquicentennial

by Emily Holbrook on February 10, 2012 · 1 comment

The 150th edition of the Cavalcade of Risk (COR) was recently hosted by the people behind the My Wealth Builder blog.

Our own Jared Wade was featured, thanks to his remarkable post titled, “The Risks of Social Media: Developing a Social Media Crisis Response Plan,” in which he states:

By now, we have seen it so many times: a company faces a crisis that was created entirely through social media. There are certainly many activist campaigns launched through Facebook, Twitter and blogs that bring negative attention to companies. But what really makes the most headlines is when companies bring a fiasco upon themselves. We’ve discussed this previously, calling it “self-inflicted reputational damage” and it consists of a company either conjuring a crisis out of thin air or making a bad situation worse.

Included in the post are also some of the best infographics explaining how company’s can create a successful social media crisis response plan. Check it out.

Congrats to the COR for their 150th edition.

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Emily Holbrook is co-editor of Risk Management Monitor and editor of Risk Management magazine, where she has worked since 2008. You can follow her on Twitter @RiskMgmtMonitor.

{ 1 comment… read it below or add one }

KY February 13, 2012 at 3:53 am

“My colleague Dylan Evans has developed an online risk intelligence test that readers of your blog may find interesting. Dylan defines risk intelligence as the ability to estimate probabilities accurately, and his research has been featured in a number of blogs such as the Cassandra blog at the Economist (see http://www.economist.com/blogs/theworldin2011/2011/01/predictions_and_risk_intelligence) and Pharyngeal (see http://scienceblogs.com/pharyngula/2010/02/measure_your_rq.php). Dylan has discovered that people with high risk intelligence tend to make better forecasts than those with low RQ. Your readers can take the test for free by going to http://www.projectionpoint.com. Comments, criticisms and suggestions welcome.”

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