“In 1977, psychologists Daniel Kahneman and Amos Tversky put a label on the fact that everything takes longer than we hope: they called it the planning fallacy. […] We never quite manage to imagine all of the different ways in which things might go wrong.”Financial Times
February 12, 2021
“Whether the task is…(trivial or colossal)…we underestimate the time and effort involved on almost every occasion.”
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ESG overpromise is human. Litigation over ESG-associated disappointment is also human.
Risk governance and management, risk financing, and risk transfer through insurances comprise the constituent elements of a comprehensive enterprise reputation risk management solution.
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