The Risktory Podcast

On today’s episode, Derek Chauvin has been found guilty of all three charges laid against him, for his role in the death of George Floyd: second degree murder, third degree murder, and second degree manslaughter.

On the face of it, justice has been served. But has it? What if Tuesday’s verdict isn’t the end, but rather, the beginning of a far more turbulent and hazard riddled era.

On today’s episode of the Risktory Podcast, I make it make sense – from a risk perspective – of what next? What are we likely to see in the coming weeks and months. Has justice truly been served for George Floyd. Or will this be a case of justice, interrupted.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibligraphy
https://abcnews.go.com/US/derek-chauvin-verdict-overturned-appeal/story?id=77213609
https://www.nbcnews.com/news/us-news/derek-chauvin-verdict-reached-trial-over-george-floyd-s-death-n1264565
https://www.foxnews.com/us/live-updates-derek-chauvin-trial-sees-jury-deliberations-begin
https://www.cbsnews.com/news/chauvin-trial-alternate-juror-lisa-christensen-testimony/

Coming up on this week’s episode, the story of a man who was handed lemons, and decided to make himself a billionaire. Founder and former executive chairman of juggernaut tech giant, Alibaba. Jack Ma.

Jack Ma’s story is a story of how good stuff doesn’t just happen. You have to want it. Work for it. Chase it. Make sacrifices in the process. And learn to balance opportunity and threat so that you reap the benefits of the former and minimize the impacts of the latter.

You have to be a master of the risk universe. On today’s episode, I’ll explain why Jack Ma is the archetypal risk master. And what we – as practitioners and individuals - can take from his example.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibligraphy
https://en.wikipedia.org/wiki/Jack_Ma
https://www.msn.com/en-us/money/other/alibaba-founder-jack-ma-is-missing-what-s-his-story/ss-BB1cEQHS#image=1
https://www.cnn.com/2021/01/06/tech/jack-ma-china-tech-intl-hnk/index.html
https://www.britannica.com/biography/Jack-Ma#ref1122243

On this week’s episode, a listener request. Listener, Samantha, emailed me a few weeks ago asking if business continuity – as a discipline – as a product – as an output – is business continuity dead. And she asked this because, in her own organization, not one plan was invoked during COVID-19. In her mind, you’d think COVID19 – with its far reaching consequences – it would be the one event where you would invoke your continuity plan or plans en masse. And that did not happen in her organization.

Samantha’s question got me thinking. And for the curious who want the answer straight away, no continuity plans are not dead, and I’ll explain why in a few minutes. Samantha’s question got me thinking about the crisis management landscape, and the impacts of COVID19 on that landscape.

In this week’s episode, I look at what’s stayed the same. What has changed. What that means for all of us.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

On today’s episode, Whatever Happened to… The Medici Bank.

The Medici Bank was, at its height, a conglomerate behemoth. The largest and most respected financial institution in Europe. An innovator and disruptor, establishing banking and accounting protocols, that exist to this day.

And then, in spectacular fashion, it collapsed. In a way so seminal that, even today, the collapse of the Medici Bank acts as a cautionary tale of what not to do. And not just because it was so impactful. But because the mistakes of the Medici Bank are mistakes we continue to see repeated in modern times.

The lessons that history teaches us: sometimes they are harder to truly learn than we think.

On today’s episode of The Risktory Podcast, I take you through the rise – and fall – of the Medici Bank.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibligraphy
https://en.wikipedia.org/wiki/Medici_Bank#Decline
https://study.com/academy/lesson/the-house-of-medici-rise-and-fall-of-a-banking-family.html
https://www.forbes.com/2008/10/30/medici-banks-meltdown-oped-cx_ms_1031simonetta.html?sh=4b9ce2f5129a

On today’s episode, one of the most requested episodes I get from Risktory listeners: blockchain
From murky origins within the world of cryptocurrency, blockchain technology is emerging as a true game changing way of doing business. From supply chain to finance to entertainment, blockchain is no longer a technology that exists in the shadows. It is one of THE most innovative disruptive technology the world has seen in the last 20 years.

On today’s episode of the Risktory Podcast, everything you ever wanted to know about blockchain. What it is. How it works. Pros. Cons. Its future.

On today’s episode, I make it make sense.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Related Episode
https://www.spreaker.com/user/9534253/cryptocurrency-as-disruptive-risk

Visual Guide
https://1drv.ms/b/s!AmC567kRvlPO7SQst7GpbOvkp6ut

Coming up on today’s episode, the Queensland Health Fraud, starring quote/unquote, Tahitian Prince, Joel Barlow. A fraud that cost the Queensland taxpayer upwards of $16 million Australian dollars. I say upwards, because $16 million dollars is what Barlow stole. The costs associated with detecting and investigating the fraud, prosecuting Barlow, and reinforcing internal control environments to prevent a recurrence: this also totals in the millions.

Barlow’s plan, as you will find out in this episode, was incredibly simple. So simple that it should have been detected the first time it was deployed. But it wasn’t. Indeed, Barlow was able to execute a total of 65 fraudulent transactions, using the same plan, over and over again before he was caught. And, it’s arguable that, the only reason he got caught wasn’t because the control environment finally woke up, but because Barlow himself got so cocky that his actions became impossible to ignore.

In today’s episode of The Risktory Podcast, the often rollicking fraud tale of Queensland Health vs the alleged Tahitian Prince.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibliography
https://www.ccc.qld.gov.au/publications/fraud-financial-management-and-accountability-queensland-public-sector-examination-how

Today – March 8 – is International Women’s Day. And to celebrate, on today ‘s Masters of the Risk Universe episode, I am going to explore the life and times of three queens of rock and roll: Debbie Harry, Patti Smith and Pat Benatar.

Growing up as a kid in Australia, these three women were the three I dreamed of being when I grew up. Not necessarily as a singer or a musician. I am a trained musician, but I am no singer.

When I say I dreamed of being them, I more refer to me somehow being able to mimic their self-assuredness. Embrace their willingness to step outside the boundaries. Somehow become as courageous as them when confronting and taming the unknown.

For a young mixed race kid in Australia in the 1970s and 1980s, and that was a hard time, let me tell you. As a mixed race kid who didn’t really know her place, and always felt out of place. These three women encouraged me to dream and to dream big.

So, today, a very personal exploration of three masters of everything. This won’t be the usual Risktory episode, heavy on facts, with a little opinion mixed in to bring it all together.

This will be a story of how these three women influenced me as a woman, and how their mastery of the unknown, influences me – to this day – as a risk practitioner.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibliography
https://faroutmagazine.co.uk/debbie-harry-interview-patti-smih-andy-warhol/
https://en.wikipedia.org/wiki/Patti_Smith#Feminism_and_women_in_music
https://www.azquotes.com/author/6330-Debbie_Harry
https://en.wikipedia.org/wiki/Pat_Benatar
https://www.metrowestdailynews.com/entertainmentlife/20190421/why-heck-isnt-pat-benatar-in-rock-amp-roll-hall-of-fame

Seven Inch Records
https://en.wikipedia.org/wiki/Single_%28music%29

Fisher Price Record Player
https://muppet.fandom.com/wiki/Sesame_Street_record_player_(Fisher-Price)

Song Links
The Tide Is High - https://www.youtube.com/watch?v=htRwf9zNGlI
Call Me - https://www.youtube.com/watch?v=StKVS0eI85I
Heart of Glass - https://www.youtube.com/watch?v=WGU_4-5RaxU
Dancing Barefoot - https://www.youtube.com/watch?v=1Z9G8BdnFGs
Because The Night - https://www.youtube.com/watch?v=c_BcivBprM0
Smells like Teen Spirit - https://www.youtube.com/watch?v=M_ciiCyxOJA
Hit with me with your best - https://www.youtube.com/watch?v=JRD80XRMT7s
Love is a battlefield - https://www.youtube.com/watch?v=IGVZOLV9SPo
We belong - https://www.youtube.com/watch?v=qxZInIyOBXk
Invincible - https://www.youtube.com/watch?v=5A4xBp2rizQ

On today’s episode, how do you solve a problem like Section 230.

Here in the US, Section 230 of the Communications Decency Act of 1996 has transitioned. From being seen as a necessary protection for – at the time - burgeoning tech companies. To a weapon now being wielded by, no longer burgeoning, but behemoth, tech companies to curate and – some say – weaponize – how information is disseminated.

On today’s episode of the Risktory Podcast, I explore exactly what Section 230 is and what it was intended to achieve. I look at why it has become problematic for so many. And I speculate the risk road forward for this controversial piece of legislation.

The Risktory Podcast is created, written, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibliography
https://33charts.com/joe-biden-section-230-communication/
https://www.foxbusiness.com/technology/twitter-jack-dorsey-section-230-senate-commerce-hearing-testimony
https://www.cnbc.com/2020/05/28/what-is-section-230.html

There’s an old saying of history always repeating. And never has that been more true than in the story of Solyndra. The solar power would be unicorn that received a half a billion dollar loan guarantee from the US Government.

Solyndra was supposed to change the world. And it did. Just maybe not in the way it was expected. With the unicorn shuffling off the mythical coil after just six years.
Solyndra – and its collapse – is a reminder that, when we don’t learn from the mistakes from the past, the risk – and history - gods have no problem stepping up to give us a – sometimes brutal - refresher.

All rights reserved.

Bibliography
Coming Soon.

February is Black History Month and, so, today, I am bringing you the story of Maggie Lena Walker, the first African-American female to charter a bank, and serve as its President, in the US.

History often shows us that the best way to challenge that which is unfair, is to master - and subsequently transform - the institutions that define our daily lives. And that’s precisely what Walker did, all in the name of bettering the daily reality of African-Americans living in the reconstructionist era, post the end of the American Civil War.

Walker’s story is one of recognizing that risk is a long game, and that real change – sustainable, life altering – change. It takes patience, time, resilience and courage.

The Risktory Podcast is created, hosted and produced by Jacinthe A Galpin.

All rights reserved.

Bibliography
https://en.wikipedia.org/wiki/Maggie_L._Walker
https://www.biography.com/scholar/maggie-lena-walker
https://www.encyclopediavirginia.org/Maggie_Lena_Walker_1864-1934#start_entry
https://www.thoughtco.com/maggie-lena-walker-biography-3528602
https://www.pbs.org/wnet/americanmasters/civil-right-activist-maggie-lena-walker-75lx9t/13814/
https://www.blackenterprise.com/maggie-lena-walker-made-history-as-the-first-woman-to-own-a-bank-in-the-united-states/