Risk perspectives; from strategy to execution with Kevin Nordt and Paul Dietz

We discuss how utility risk management is a lot like dungeons and dragons: creatively managing risk by leveraging strengths to maximize the likelihood of beneficial outcomes when solving problems.Kevin Nordt, Paul Dietz, Ahlmahz Negash, PhD, and Paul Dockery talk about managing market risk from utility risk managers perspectives. Including (1) putting uncertainty in perspective, (2) organizational and customer risk tolerance, (3) translating risk tolerance strategies for risk management, and (4) risk based thinking in the context of power supply. Plus the crew answers an insightful question from Ahlmahz and they discuss the set up of an energy inspired dungeons and dragons campaign.You can find the podcast on Apple Podcast, Spotify, or wherever you get your podcasts. Share with friends that are electric utility enthusiasts, like us!07:59 - Risks as friend or foe15:18 - Risk tolerance32:39 - Risk awareness52:06 - Risk based thinking in the context of power supply1:02:52 - Ahlmahz’s insightful question of the week1:14:14 - Dams and Distribution; setting up an energy industry inspired Dungeons and Dragons campaignPublic Power Underground, for electric utility enthusiasts! Public Power Underground, it’s work to watch!