Category Archives: Risk Analysis

Decision intelligence for data center disaster planning

Much of the world’s information is handled in data centers: nondescript on the outside, indoors you’ll find a din of humming machine in acres of racks.  If an earthquake or other natural disaster should strike a data center, the cost can be enormous.

So spending money on risk mitigation strategies like earthquake-proofing makes sense.

But it’s a tricky balancing act: spend too much for a disaster that never happens, and it’s money down the drain.  Spend too littledatacenter, and a disaster can spell tremendous costs.

A decision model can help.  We built a demonstration of one shown in the video above, at the link here, and in the bottom of this article, for those viewing this online.

Give it a try, it takes about one minute: Continue reading

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Guest Post: A knowledge management system capable of blinking red

Inattention to critical knowledge is an old problem. Lessons are forgotten, near misses are ignored, caution is dismissed, disasters result. Titanic. Bhopal. AIG. Katrina. Fukushima. And on and on.

Knowledge Management (KM) is supposed to make the right information available to the right people at the right time in the right form—and to the best level of certainty possible—for making the most appropriate decisions when and where they are needed. KM should also direct the attention of decision makers to critical information and help them make sense of it. The bigger the stakes, the more situational awareness and mindfulness are needed. Continue reading

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