Author: Keith Baxter

Groupthink and how to avoid it

13:20 10 September in Business

What is groupthink? When groups make decisions, they may well take more risks than the individuals themselves would - this is "groupthink". The term "groupthink" was coined by psychologist Irving Janis in the 70s. Janis defined groupthink as a phenomenon where people seek unanimous agreement in spite...

Avoiding Black Swans

13:35 15 July in Business

n 2008, Nassim Nicholas Talib published a book called "The Black Swan". A Black Swan is defined as being an event which has three characteristics; it is highly improbable, has massive impact and, in a strange way, appears almost inevitable after the event! Due...


13:44 10 June in Business

Keith Baxter is an internationally renowned expert in enterprise risk management. Keith is the Managing Director of De-RISK Ltd and the blog is an insight into how his mind works....