Identify potential black swan events

Instructions

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