Michele Wucker

Happy to see this gray rhino shoutout in Canada's fall economic statement:

Fall Economic Statement: Canada’s Affordability Challenge and the Gray Rhino of a Recession - Policy Magazine Canadian policymakers, like those across Organisation for Economic Cooperation and Development (OECD) countries, have been grappling with rising

Missed our conversation yesterday? Not to worry -here's the replay of our conversation with Peter Atwater about his new book THE CONFIDENCE MAP. Lots of great insights about the relationship between and .
If you're feeling unconfident & uncertain then this is a must listen interview not to mention must read book! If you've been feeling particularly stressed this conversation is for you.

The Confidence Map w/ Peter Atwater - with special cohost Michele Wucker This is Peter Atwater's second visit to my podcast - (do listen to his other interviews here) - Peter's most recent book, The Confidence Map: Charting a Path...

You may have heard me rave about the insights of my friend Peter Atwater or you may have read about him in YOU ARE WHAT YOU RISK. Tomorrow, Wednesday November 1st, you'll have the opportunity to hear from Peter himself when Kim Ann Curtin and I chat with him on LinkedIn Live. 3pm CT/4pm ET. Don't miss it!
https://www.linkedin.com/feed/update/urn:li:activity:7124909475676782592/

Risk Awareness Week has kicked off. Are you signed up? Don't miss my session Thursday, October 12 at 7am CT/8amET.
Agenda and registration at this link:
https://2023.riskawarenessweek.com/?sc=IFXs2O0Y&ac=N2IO6fAi

Reflections on the gray rhinos of governance in :
"In 2016, 'The Gray Rhino' was published, a book in which Michele Wucker reflects on the causes that prevent us from successfully facing imminent threats such as a rhinoceros that runs dangerously towards us. The author uses this metaphor to exemplify the inexplicable immobility of governments and multilateral organizations in the face of dangers such as climate change, or the lack of decisive action to confront the challenges posed by current governance. Why are cooperation and governance failing when we need them most?"

Chile y la crisis de gobernanza El año 2016, se publicó “The Gray Rhino”, libro en que Michele Wucker reflexiona sobre las causas que nos impiden enfrentar satisfactoriamente amenazas inminentes como la de un rinoceronte que corre peligrosamente hacia nosotros. El autor utiliza esta metáfora para ejemplificar el inexplicabl...

Every year my friend Mark Po***ck organizes a global 5k and 10k called Run in the Dark – www.runinthedark.org – to fund his mission to in our lifetime. You may have read about his mission in my most recent book, YOU ARE WHAT YOU RISK.

kicks off in Dublin on Tuesday 14 November before people in 50 other cities worldwide take part on Wednesday 15 November. They even have an AppRun option if you’d prefer to run your own route in your own time.

To register please go to www.runinthedark.org --then tell your friends, family and colleagues!

The always insightful Joan Michelson reflects on risk and your personal brand in her latest Forbes column.

10 Ways Your Personal Brand May Be Holding You Back We each have a personal brand, whether we craft it or not. But is your personal brand really who you are? Here are 10 ways your personal brand may be holding you back.

Check out BCG's 2023 Reading List. Delighted to see THE GRAY RHINO in such great company.

BCG Reading List 2023 Covering topics from sustainability to pandemic response, BCG's reading list offers the chance to reflect on learnings from the past year.

Fitch did the right thing in calling out the U.S. for shortfalls in governance and debt management. My thoughts in Barron's this morning:

The U.S. Downgrade Is What Happens When We Ignore the Obvious Americans have a tendency to believe we're immune to 'gray rhino' problems. The reaction to Fitch's downgrade shows how, writes Michele Wucker.

Luiz Henrique Lobo reviews the Brazilian Portuguese edition of The Gray Rhino (O Rinoceronte Cinza): https://www.linkedin.com/pulse/rinoceronte-cinza-e-grandes-amea%2525C3%2525A7as-como-reconhecer-agir-lobo/

The gray rhino makes an appearance in The Wall Street Journal's "Heard on the Street" about Fitch's downgrade of US debt and the political dysfunction behind it: "This sort of problem was described by policy analyst Michele Wucker in her 2016 book “The Gray Rhino,” which was an English-language bestseller in China. Unlike an out-of-the-blue crisis dubbed a “black swan,” a gray rhino is a very probable event with plenty of warnings and evidence that is ignored."

America’s Fiscal Time Bomb Ticks Even Louder Investors are drawing false comfort from the past and from the perception that fiscal scolds in the U.S. have cried wolf so often.

Follow the link for my recent conversation with Nancie Zhu on Phoenix TV's Talk with World Leaders

https://twitter.com/NancieZhu/status/1684920712321241088

Nice to see the Italian edition of THE GRAY RHINO on the cover of the August issue of WEWEALTH!

💼 MACRO FINANCE
- Michele Wucker, nota strategist e speaker americana, spiega come identificare per tempo e affrontare efficacemente eventi potenzialmente catastrofici

When we are caught by surprise by a highly improbable event, we often hear about the theory of "black swans", rare and isolated events, impossible to predict and imagine.
Michele Wucker, studying the origins of crises, has coined a much more effective metaphor to describe the genesis of emergencies, among which climate change: . A highly probable threat, with a huge impact, announced by a series of signals, it is yet too often underestimated and ignored.
The publication of the Italian edition of the book "The Gray Rhino" offers the opportunity for a debate on how to grasp the signals to prevent - or better manage - climate change crisis. What role for the board? What thought processes are helpful? What tools are available? How can we use the analysis of climate scenarios to intercept potentially devastating impacts and better protect ourselves?
Chapter Zero Italy talks about it with Gianni Guastella and Michele Wucker, together with Stefano Pareglio and Sabrina Bruno in a webinar in English on Thursday 6 July at 5.00 pm (Italy)/ 11 am (US/ET)/ 10 am (uS/CT)

👉 To know more about it:

Climate Scenarios for Assessing Long Term Economic Impacts – Nedcommunity Starting from the TCFD recommendations, we will talk about the transmission channels of climate risk on companies’ performance and how to use the scenario analysis as a tool for assessing exposure to climate risks and the potential long-term economic impacts.The discussion on scenario analysis wil...

Former vice-chairman of the Joint Chiefs of Staff Sandy Winnefeld and former Air Force Materiel Command head Ellen Pawlikowski call for greater, more flexible cybersecurity options for space systems: "The benefit of a gray rhino is that we can all see it coming. Rather than letting it run over us, let’s take the chance we have now to stop it in its tracks."

The Gray Rhino in space: US must update military requirements for satellite cyber defense In this op-ed, former vice-chairman of the Joint Chiefs of Staff Sandy Winnefeld and former Air Force Materiel Command head Ellen Pawlikowski call for greater, more flexible cybersecurity options for space systems.

In Milan a few weeks ago for the Italian launch of The Gray Rhino/Il rinoceronti grigio, I recorded these thoughts with the great team at Anima SGR about the metaphor and framework, how to apply it to and in general, and in particular around the gray rhino. Watch/listen below (in English with Italian subtitles).

https://www.linkedin.com/posts/anima-sgr_rinoceronti-grigi-come-riconoscerli-ed-affrontarli-activity-7073975221032034304-FusH?

Anima SGR on LinkedIn: Rinoceronti grigi: come riconoscerli ed affrontarli 🦏Cos’è un rinoceronte grigio all’interno del mondo della finanza? Di cosa si tratta? Può essere pericoloso? E come possiamo affrontarlo? 🎙️A queste e molte…

Risk intelligence is an organisation’s ability to embed risk-thinking across all processes and functions thereby enabling all stakeholders to take better-informed decisions.

CNBC-TV18's special episode on 'Developing a Organisation' was moderated by IRM India's CEO, Hersh Shah, SIRM with leading thought leaders - Paul Sobel, Michele Wucker, Sunder Natarajan, CFIRM, Prabir Jha and Norman Marks discussing how organisations and Chief Risk Officers with high-risk intelligence can build a mature risk culture and boost risk-based decision making with the help of enterprise risk professionals in every department.

Missed seeing the live telecast? Click on the link below.

Developing A Risk-Intelligent Organisation: IRM & CNBCTV18 Special Episode Risk intelligence is an organisation’s ability to embed risk-thinking across all processes and functions thereby enabling all stakeholders to take better-inf...

The official view from China on America's debt ceiling debacle:
"The U.S. Congress's passage of the debt ceiling bill late Thursday, just days before a looming default deadline, might have come as a respite for global investors. But as the two parties of the United States routinely engage in political showdowns over the debt ceiling, the periodic U.S. debt crisis has become a "gray rhino" threatening global economic and financial security."
They're not wrong.

Explainer: Delving into America's debt crisis - People's Daily Online Republican House Speaker Kevin McCarthy speaks to the press after a high-profile debt ceiling meeti

Zhou Xin writes in the South China Morning Post:

China’s three ‘grey rhinos’ are getting bigger – and more dangerous The nation’s birth rate is plunging, its debt bubble is threatening to burst, and its allure as the world’s factory is losing its shine.

Thanks to ANIMA Asset Management, ROI Edizioni, and Salone del Risparmio for a wonderful launch of the Italian edition of The Gray Rhino in Milan!

The second edition of Travillian Next’s Bank Board Insights Series features my recent conversation with Indra Elangovan about bank considering what we are learning about the circumstances that led to the failure of . Click below to read.

Bank Board Insights Series Part II: Risk Governance with Contributing Guest Michele Wucker Home Succession Planning Bank Board Insights Series Part II: Risk Governance with Contributing Guest Michele Wucker Bank Board Insights Series Part II: Risk Governance with Contributing Guest Michele Wucker Succession Planning Travillian April 18, 2023 comments off Are you ready to take your risk go...

Sorry for late notice -I've been mostly offline the past week- but today is the last day to vote in the Webby Awards including the Intelligence Squared/Richmond Forum debate in which Kaveh Madani and I faced Bjorn Lomborg and Matthew Kahn on the question: Can Humans Adapt to Climate Change? Click below to vote.

📣 We're proud to announce that we have been nominated for TWO The Webby Awards. Our debates are not just entertainment, they're also education.

Can Humans Adapt to Climate Change?
Debaters: Bjørn Lomborg, Matthew Kahn, Michele Wucker and Kaveh Madani
Vote here: https://vote.webbyawards.com/PublicVoting #/2023/podcasts/features/best-live-podcast-recording

Unresolved: Information Disorder.
Debaters: Michael Chertoff, Nina Jankowicz, Charles Carithers and Stewart Baker
Vote here: https://vote.webbyawards.com/PublicVoting #/2023/podcasts/features/best-partnership-or-collaboration

We believe that by featuring high-level experts who have dedicated their lives to their fields, we can create a platform for meaningful and impactful conversations. Cast your vote before April 20th. The Richmond Forum John Donvan

I greatly enjoyed talking with Dominic Monkhouse on The Melting Pot podcast about gray rhinos, risk fingerprints, and the situation with troubled banks. Listen and/or read a summary below.

E242 | Dealing with Risk In A World of Uncertainty with Michele Wucker Does everyone in your team look at risk in the same way? When we make decisions about whether to take […]

Respected product, design, and engineering executive and entrepreneur Rajiv Pant reviews You Are What You Risk: “a timely and important book that offers a fresh perspective on how we can manage risk in our personal and professional lives."

You Are What You Risk by Michele Wucker (Book Review) Michele Wucker’s book “You Are What You Risk: The New Art and Science of Navigating an Uncertain World” offers a deep dive into the world of personal risk, exploring the different…

Some more thoughts about the demise of Silicon Valley Bank et al. (Part II)

Banking Crisis Part II: Some Obvious Lessons that Bear Repeating I wrote earlier this week that the failure of Silicon Valley Bank and others are symptoms of a much bigger gray rhino challenge: the inevitable turbulence that comes with cyclical monetary tightening. But the steep rise in interest rates was only one factor leading to a crisis of confidence and bank