The Black Swan is a book about risk, by polymath, Nassim Nicolas Taleb. It has an essential lesson about risk management.
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You can think of a black swan event as an Unknown Unknown.
However, we do believe we could have predicted it… with hindsight
“rara avis in terris nigroque simillima cygno”
“a rare bird in the lands and very much like a black swan”
Black swan events arise from the limitations of our knowledge. We need to understand this, as part of our understanding of risk management.
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For more of our videos in themed collections, join our Free Academy of Project Management.What is a Black Swan? | Video Click To Tweet
Dr Mike Clayton is one of the most successful and in-demand project management trainers in the UK. He is author of 14 best-selling books, including four about project management. He is also a prolific blogger and contributor to ProjectManager.com and Project, the journal of the Association for Project Management. Between 1990 and 2002, Mike was a successful project manager, leading large project teams and delivering complex projects. In 2016, Mike launched OnlinePMCourses.
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