Lessons from Deepwater Horizon Oil Spill: Embedding a Culture of Risk Management
Published June 20th, 2023 by Kyle Langan Running a business involves speculative risk. A successful strategy brings an expectation of positive returns, while carrying a small but significant risk of catastrophic losses. On April 20, 2010, “the inherent risks of decades of inadequate regulation, insufficient investment, and incomplete planning were realized in tragic fashion.” [1] […]