But, one medico had an interesting take urging industry to continually look for “black swans”. In medicine and in risk management, black swans are code for “things you can’t see”, Dr Harrison explained – unexpected events whose potential to occur only becomes apparent after they have happened.
“Do you have people who have nothing to do with your industry on your board?” Dr Harrison said. “They are going to be the ones to spot black swans.”
“It has taken our industry, medicine, 30 years, but I don’t think you have 30 years...It is clear you’re changing but you’ve got to get on with it and you need to answer to independent experts.
Hmm....well they could always ask VALE. We get to see and hear a lot of hidden things.....and yeah, there are still plenty of black swans.