As we researches, we always hope our work can contribute to solve problems, but we seldom think about how to go beyond our training of teaching and publishing to make it effectively usable.
When considering financial risks there are only four categories of risks: less than a million dollars, less than a billion, a few trillion, and the black swan, the unpredictable and immeasurable risk.
AKFI was born in 2020 in the middle of great uncertainty about how to act when disasters and pandemics strike again. Over time we learned how to predict and prepare for hurricanes and earthquakes.
We believe in action in times of great uncertainty. When put together, the solutions could not produce a coherent, actionable plan to save lives and save economies alike.
When Volkswagen used digital technologies to create “smart” engine management capable of detecting the US EPA (Environmental Protection Agency) test, the CEO congratulated his R&D team. Our analysis shows that the main failure was the disconnect between Digital Transformation and the ESG.
If we want to put science to work at the speed and scale that current challenges demand, we need more systematic understanding about how actionable knowledge is made and used.