In the real world, accidents happen when a series of small missteps align to create severe consequences. This is something we call the “Swiss Cheese Model”: imagining a systems failure as a set of “holes” in our layers of defense that all line up to create a series accident.

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Jacob Kaplan-Moss

Explores the Swiss Cheese Model of risk management through a personal anecdote involving hypothermia during a trip. Highlights how accidents often result from a series of small errors rather than a single event. Emphasizes the importance of not ignoring minor risks as they can compound into significant issues. Provides insights on aggregating multiple risks and stresses the need to consider risks in their entirety.

Sidebar #2: The Swiss Cheese Model