The Black Swan
Problem-solving
Identify potential black swan events

Identify potential black swan events

from The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb

How to Apply This

  1. Analyze past data
    Examine past data to identify potential black swan events and their likelihood to happen in the future.
  2. Create a risk management plan
    Develop a risk management strategy to reduce the impact of potential black swan events.
  3. Put the plan into action
    Implement the risk management strategy by establishing processes and procedures to monitor and manage potential black swan events.
  4. Monitor the plan
    Monitor the risk management strategy to ensure it successfully mitigates the impact of potential black swan events.
  5. Make adjustments
    Adjust the risk management strategy as needed to ensure it is effective in mitigating the impact of potential black swan events.

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