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How would a physicist approach risk management - Mark Buchanan on Fresh Perspective

I had the privilege of sitting down with Mark Buchanan - author of Ubiquity, why catastrophes happen and Forecast, what physics, meteorology, and the natural sciences can teach us about economics. Currently, Mark writes for Bloomberg View.

This was one of my most interesting interviews. I could easily spent a year listening and learning on how we can use physics in risk management.  The full interview is much longer (over three hours) but we wanted to keep it short and simple with a few key questions:

  1.  How can physics be applied to business?
  2. What is the role of today’s risk manager?
  3. Do risk management, crisis management, and business continuity plans work?

Enjoy! 

Sean

Part 1

 

Part 2

 

Part 3