Exercise 8.2: The Annual Black Swan Review

Organizational Resilience and Black Swan Events · 3:34

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Lyrics

[Verse 1]
Once a year we gather round
Time to check what we have found
Review the risks we chose to take
See if tolerance levels break
Calendar set, participants clear
Board and leaders drawing near

[Chorus]
Black Swan Review, every year it's due
Audit and assess, tabletop test too
Dependencies mapped, weak signals tracked
Findings and recommendations packed
Black Swan Review, keeps us prepared
When the unexpected leaves us scared

[Verse 2]
Insurance contracts need a look
Protections written in the book
Are they covering what we need?
Will they help when crises feed?
Governance structure guides our way
Who decides and who will stay?

[Chorus]
Black Swan Review, every year it's due
Audit and assess, tabletop test too
Dependencies mapped, weak signals tracked
Findings and recommendations packed
Black Swan Review, keeps us prepared
When the unexpected leaves us scared

[Bridge]
Novel scenarios we must design
Test our plans against the line
Full-scale exercise reveals the gaps
Update every single map
Deliverables clearly defined
Peace of mind for every mind

[Verse 3]
Weak signal monitoring shows the signs
Early warnings draw the lines
Dependencies shift and change with time
Map them out in perfect rhyme
Present findings to the top
Annual cycle never stops

[Chorus]
Black Swan Review, every year it's due
Audit and assess, tabletop test too
Dependencies mapped, weak signals tracked
Findings and recommendations packed
Black Swan Review, keeps us prepared
When the unexpected leaves us scared

[Outro]
Calendar planned from start to end
Process that we can depend
Annual review saves the day
Black Swan planning lights the way

← Appendix B: Regulatory and Compliance Considerations | The Curriculum Capstone: Your Organization's Black Swan Resilience Score →