Black swans to grey swans: revealing the uncertainty

Purpose – The emergence of “black swans” represents (according to Taleb) “[…] our misunderstanding of the likelihood of surprises”. The purpose of this paper is to study accidents and disasters and the inherent misunderstanding and absence of awareness associated with the existence of black swans and their complex aetiology. Red teaming and scenario planning provide a methodology to explore the uncertainties and challenge of the mental models associated with accident and disaster aetiology.Design/methodology/approach – The argument draws upon the successful application of red teaming and scenario planning in various domains noted in the literature and lessons learned from the failure to recognize black swans. An analysis of the literature illustrates how the salient characteristics of red teaming and scenario planning can be applied to the illumination of black swans to support risk, crisis and disaster management.Findings – Recognizing the uncertainty resident within the safety and security problem space...

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