See things clearly
“Assets will always fail at some point, and with any asset failure there is a chain of consequential loss which is triggered by an originating event.”
Last year, I discussed the vulnerability of the modern city to interruptions in the various critical supply flows that keep it going.
When key flows – water, electricity, natural gas or sewage – are…Continue
Added by Paul Wallis on November 22, 2012 at 3:42 — No Comments
One of the most famous works of Scotland’s national bard, Robert Burns, is “To a Mouse”.
During 1785, on a bleak winter’s day, Burns addressed a field mouse whose home he accidentally turned up with his plough.
In the poem, the bard praises the ‘foresight’ of the mouse in building the ‘cozie’ nest in advance of the freezing weather, while there was still good grass to do so.
But, ultimately, one of Burns’ conclusions is that, although we can…Continue
Added by Fergus Cloughley on November 1, 2012 at 6:30 — No Comments