Welcome to the Age of Risk Management

The Age of Risk Management represents a time in human history characterized by the recognition that life is full of risks, choices often involve tough trade-offs, and good data and risk analysis play a critical role in the decisions we make as individuals and collectively. Real life is complicated. Enormous advancements in science and technology provide high-quality information about risks and a spectrum of management choices. However, success in the Age of Risk Management depends on the ability to effectively manage variability (i.e., the real differences between individuals), uncertainty (i.e., the unknown), and time (i.e., the dynamics and interactions in an ever-changing world), and the ability to understand how things work and communicate effectively.

Current signs and symptoms of the AORM:

• Overwhelming amounts of information about health reported in the news media, typically lacking important context that consumers need to put risk in perspective
• Globalization of supply chains and our increasing interdependence combined with decreasing trust

Laugh and learn more about the AORM by reading Risk in Perspective: Insight and Humor in the Age of Risk Management, which you can preview by enjoying the free on-line Health Insight Consumer's Guide to Taking Charge of Health Information.

Good risk managers find the best solutions in a variable, uncertain, and dynamic world. AORM, LLC provides the support that decision makers at all levels need for success:

• Consulting
• Education and training
• Public speaking
• Publishing

Learn more about AORM and what it can do for you by contacting Dr. Kimberly M. Thompson, who currently serves as President of Kid Risk, Inc. and Adjunct Associate Professor of Risk Analysis and Decision Science at the Harvard School of Public Health. A popular speaker, engaging teacher, and expert on children's risks and on putting risk in perspective, Dr. Thompson is a Past-President and Fellow of the Society for Risk Analysis, which honored her with its Chauncey Starr Distinguished Young Risk Analyst Award in 2004. She served as a Sigma Xi Distinguished Lecturer from 2003-5, and received the System Dynamics Society Jay Wright Forrester Award in 2008.