Failures and breakthroughs – exposed, reflected, considered

Risk fin and why to embrace risk

leave a comment »

Since 2009, SEC’s Division of Risk, Strategy, and Financial Innovation, “parachuted into complex legislative matters demanding immediate specialized expertise“. Searching “risk fin” on EconomyInCrisis and DollarCollapse was fruitless.

A beautiful poem “Risk (author unknown)” contains:

To place your ideas, your dreams before a crowd is to risk their loss.
To love is to risk not being loved in return.
To live is to risk dying.
To hope is to risk despair.
To try is to risk failure.

concluding “Only the person who risks can be free.

To succeed, organizational risk-management needs:

  1. rethink (danger->opportunity->necessity),
  2. contextualization
  3. consider (cross-disciplinary/organizational) success-stories
  4. tailoring to organizational structures
Advertisements

Written by Hayk

August 16, 2011 at 4:42 pm

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: