Risks in Numbers: Pandemics, Superspreader Events, and Operational Disruptions Flu waves, regional epidemics of infectious diseases, and global pandemics have become one of the most important personnel risks. Our latest video provides a detailed guide to assessing such risks. We use a Monte Carlo simulation to determine the probability and potential duration of business interruptions, drawing on data from the Robert Koch Institute on infection dynamics and from the Paul-Ehrlich-Institut on the effectiveness of medications, and we show how effective countermeasures against epidemics can be developed. https://lnkd.in/eabdrMkM The underlying model template is integrated into the latest version of Risk Kit (7.16). You can find more information and access to Risk Kit here: https://lnkd.in/e7RTdghN #PandemicRisks #RiskManagement #PersonnelRisks #RiskKit
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