Michele Wucker‘s Gray Rhino Analogy has been getting a lot of attention, especially in the press. Just last month, Michele’s gray rhino analogy is covered by various media. Take a look..
Front page at New York Times on the “Gray Rhino” issues in China:
“Let the West worry about so-called black swans, rare and unexpected events that can upset financial markets. China is more concerned about “gray rhinos” — large and visible problems in the economy that are ignored until they start moving fast.
The rhinos are a herd of Chinese tycoons who have used a combination of political connections and raw ambition to create sprawling global conglomerates. Companies like Anbang Insurance Group, Fosun International, HNA Group and Dalian Wanda Group have feasted on cheap debt provided by state banks, spending lavishly to build their empires.”
Here are some more media coverage:
- What’s a ‘gray rhino’ and Why Did It Cause Chinese Stocks to Drop? CNN Money, July 17, 2017
- ¿Por qué un ‘rinoceronte gris’ causó la caída de las acciones en China?
- ‘Tê giác xám’ đang đe dọa thị trường Trung Quốc VNExpress (Vietnam)
- Piyasanın yeni korkusu: Gri gergedan BusinessHT (Turkey)
- China’s Economy Charges On as Officials Target the Risk ‘Rhino’ Bloomberg News, July 17, 2017
- China economy charges on as leaders target the risk `Rhino’ The Peninsula (Qatar), July 18, 2017
- Why China Fears “Gray Rhino” Risk to Fragile Financial System Marketwatch, July 17, 2017
- When a ‘Black Swan’ Will No Longer Do ZeroHedge, July 17, 2017
- Xi’s Risk-off Push Ripples Through China as Transition Nears Bloomberg News, July 18, 2017
- China Sentences to Ponder, Gray Rhino Edition Marginal Revolution, July 18, 2017
- Beijing Watches Out for “Grey Rhino” and “Black Swan” in Jungle of Financial Risks South China Morning Post, July 19, 2017
- (比黑天鹅更可怕 人民日报提到的“灰犀牛”究竟是啥) People’s Daily Reference to the Gray Rhino -What Is It? jrj.com (Chinese Simplified Characters), July 19, 2017
Michele Wucker is an award-wining global thought leader who draws on three decades of experience in media and non-profit management and policy development.
Michele is the author of several books, the third of which is the highly praised “THE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We Ignore”, which grew out of a presentation at the World Economic Forum annual meeting in Davos, Switzerland in which she coined the term “gray rhino” for highly probable, high impact crisis events.
Michele founded Gray Rhino & Company in 2015 to help leaders and organizations to identify and strategize responses to gray rhino risks that are neglected despite -and all too often because of- their size.
Michele has been recognized as a Young Global Leader of the World Economic Forum and a Guggenheim Fellow, among other honors. Her previous leadership positions include Vice President for Studies at The Chicago Council on Global Affairs; President of the World Policy Institute, which she re-launched in 2007 in a dramatic turnaround; and Latin America Bureau Chief at International Financing Review. She also has taught master’s students at the School for International and Public Affairs at Columbia University, of which she is an alumna. An engaging keynote speaker, moderator, panelist, and facilitator, she has delivered presentations in 16 countries on five continents. She lives in Chicago.
Michele’s speaking topics include:
- Gray Rhino-Proofing Your Future: A New Way to Think about Risk and Response
- Gray Rhinos, not Black Swans: A New Way to Think about Risk and Response
- Demographic Gray Rhinos: Robots Meet Aging and Migration
- Beyond Kicking the Can: How to Stop Muddling and Innovate