• The Russia - Ukraine War - Ep 4 - The Ripple Effect

  • Aug 15 2022
  • Length: 47 mins
  • Podcast

The Russia - Ukraine War - Ep 4 - The Ripple Effect

  • Summary

  • The Extreme Risk Podcast - How the Russia-Ukraine war could cause a global ripple effect on countries, societies, individuals and organisations.

    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 potential ripple effects of the war. Looking at what industries are being impacted and what regions could face major risks (from Europe's energy crisis to an expanding war, through to the Middle East struggling with increased grain and wheat production and potentially facing social unrest).

    There is mention of a book for children in this episode (which was incorrectly referred to as Mother Goose - A Jethro Tull song) called Mr Goose which can be found at: https://www.mrgooseonline.com/

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

    Episode Content:

    01:00 - What is the Ripple Effect?
    02:56 - What scenarios are you considering from a Ukrainian perspective?
    05:45 - Reviewing our strategic plans during times of potential uncertainty
    07:00 - The various timescales for the end of the war
    10:30 - Regions of the world and how they might be impacted by the war
    19:20 - The Insurance Role
    26:00 - The Risk Appetite
    27.45 - Industries Risk and Opportunities from the war
    33.20 - Global Economic impact of the war
    35:25 - The impact on Society
    38:55 - The Individual Responsibility and learning resilience at School
    43.00 - Season Wrap Up
    44.00 - Long Term Transition and Resilience - The Norwegian Case - Electric Vehicles

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