The Russia-Ukraine War series – Episode 3 – The New Reality

The Extreme Risk Podcast – Adjusting to new opportunities, taking risk, living up to values and mission and developing resilient organisations using risk-based strategies.

Risk Guide is delighted to continue the very first series of our Extreme Risk Podcast in collaboration with Runderc.

In this episode, Alexander Larsen speaks to Mykhailo Rushkovskyi about the new reality of living and working in a state of war. How did people and organisations adapt? what is the importance of being agile and resilient and what opportunities exist in such a reality? Mykhailo uses some great examples of industries that have been created, the importance of values and mission (and living up to them) and the balance between Risk and Reward.

For further information about Mykhailo and his career, you can find the Risk Managers Getting Coffee series on: https://youtube.com/riskguide

You may also find the Extreme Risk Podcast on the most popular platforms:
   ⚪️ Apple podcast
   🟢 Spotify
   🟡 Amazon

Episode Content:

01:45 – How long did Mykhailo expect the war to take?
03:35 – Where did these timelines come from?
06:50 – The importance of considering the other side and culture
09:10 – How do organisations live up to Vision, Mission and Values
13:30 – What is Reputation, and the risks around it?
14:55 – How long has the New Reality existed?
19:50 – A Global Cyber Crisis and Resilience
22:10 – When did people realise there was a new reality? Risk Appetite of the people coming back to Kyiv
23:40 – Risk Appetite – Would you Jump out of an airplane? 
26:39 – Risk and Reward – Quantitative Risk Analysis and Risk Management’s role in decision making
29:30 – Risk Culture, taking risk  and Appetite (the Warren Buffet example)
30:45 – How are people and businesses adapting on the ground?
33:50 – Risk-Based Strategies
35:10 – Types of businesses in the War scenario
37:35 – IT Industry
39:15 – Banking Industry – how did they avoid disruption and stabilise the economy?

About the Podcast

The Extreme Risk Podcast is a new podcast that focuses on Crisis and people working under extreme circumstances. The podcast seeks to learn from the few Risk Masters who have experienced extreme events and share it with as many people as possible.

The first series of the podcast are focused on risk management during the largest military conflict in Europe since World War II – the Russia-Ukraine war. Together with Mykhailo, we speak extensively about the lead up to the war, the invasion as well as the months that followed. Undertaking a war risk assessment, preparation for potential scenarios, monitoring, how people reacted and how businesses responded. We also discuss the potential wider ripple effects of the war on the world economy 🌍


For further information about Mykhailo and his career, you can find the Risk Managers Getting Coffee series on: https://youtube.com/c/riskguide and https://riskguide.wordpress.com/2022/02/03/risk-managers-getting-coffee-episode-4-part-1-geopolitics-turmoil-and-a-journey-from-italy-to-ukraine/

All episodes will be released every few weeks here on the Risk Guide website and via our LinkedIn (https://www.linkedin.com/company/risk-guide) and Podcast pages https://extremerisk.buzzsprout.com/ as well as on RUNDERC – https://runderc.com/podcast

Episodes will be released every few weeks here on the Risk Guide website and via our LinkedIn (https://www.linkedin.com/company/risk-guide) and Podcast pages https://extremerisk.buzzsprout.com/

You may also find the Extreme Risk Podcast on the most popular platforms:
   ⚪️ Apple podcast
   🟢 Spotify
   🟡 Amazon

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