Exercise 8.2: The Annual Black Swan Review

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[Verse 1]
January kicks off the annual climb
Black swan hunting, it's assessment time
Gather risk managers, department heads too
CFO and board members, assemble the crew
Last year's hurricanes taught us some lessons
Market crashes exposed our weak connections

[Chorus]
Review, audit, exercise, update
Four pillars of the swan review slate
Calendar marked, deliverables clear
Governance strong for the coming year
When black swans land on your corporate shore
Annual review helps you prepare for more

[Verse 2]
March brings the risk tolerance deep dive
Which accepted risks are still alive?
Pandemic protocols, cyber defenses
Supply chain breaks and their consequences
Rate each threat on impact and chance
Update your organizational stance

[Chorus]
Review, audit, exercise, update
Four pillars of the swan review slate
Calendar marked, deliverables clear
Governance strong for the coming year
When black swans land on your corporate shore
Annual review helps you prepare for more

[Verse 3]
May means insurance coverage check
Policies current? Gaps to detect?
Contract clauses for force majeure
Legal shields when disasters occur
Document gaps in your protection web
Coverage limits, deductibles spread

[Bridge]
July tabletop, novel scenario
Something we've never faced before
Alien cyber attack on satellites
Space debris crushing power lines
Test the team with the impossible case
Watch assumptions fall from grace

[Verse 4]
September maps dependencies fresh
Vendor networks, supply chain mesh
Weak signals monitoring upgrade
New sensors for the warning parade
October presentations to the board
Strategic insights, lessons explored

[Outro]
December closes the annual cycle
Recommendations sharp as a sickle
Next year's calendar already planned
Black swan readiness across the land

← Exercise 8.1: Resilience Score and Gap Analysis | Appendix A: Recommended Reading →