A Beekeeper’s Perspective on Risk

Posted by: Philip Peck on Jun 25, 2012 | No Comments

By Michael O’Malley
June 20, 2012

Big Idea: Michael O’Malley presents an interesting perspective on how society could learn from beehives and improve risk management capabilities. Beehives are organizations that naturally got things right. They are structured for consistent long-term growth and the prevention of severe loss due to unpredictable environmental surprises. Bees are masters at risk management.

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Author Info

Written by: Philip Peck

ppeck@pelotongroup.com

Philip heads up the Planning Transformation Practice at Peloton Group. He has over two decades of industry and consulting experience focused on the process assessment and reengineering of corporate budgeting and forecasting. Philip is an expert in causal modeling, driver-based planning, and rolling forecasts, and he has led numerous engagements in these domains for global companies across a variety of industries. Philip is also an avid enthusiast of simulation and is actively following how interactive gaming is impacting corporate management.