I celebrate the fact that business managers have asked this question a lot, especially in the past year. The evidence I see is that risk managers are much more self-aware and aware of their internal and external environments, conditions, and circumstances. We have seen an evolution in the maturity of judgement, though the confusion between risk
Why is Risk Management Different Post-Pandemic? Read More »
I’ve long been a subscriber to Russell Ackoff’s principles, renowned for his pioneering work in Systems Thinking and Management f-Laws (yes, Ackoff spelt the last word that way intentionally). As a famed professor at the Wharton School, he remains a timeless figure whose insights continue to resonate profoundly with my work in change management and
Unleash the Motivation for Change Read More »
Some would say that risks have changed dramatically over the past decade or more. While the risks may have changed, what hasn’t is the practice of how risks are managed. What I witnessed as ‘risk management’ in the early 1990s is much the same today, though much is touted about the value added that comes
A Change Long Overdue Read More »
To capture the significance of a keystone, let’s first put it in perspective. A keystone in architecture is a central, wedge-shaped stone designed to support the weight of the arch. It distributes the forces acting upon it. When a load is applied to the arch, such as the weight of the structure, the arch exerts
The Keystone Business System Read More »
Since the dawn of the first Industrial Revolution (1760-1814), businesses have struggled to achieve a balance between profitability, growth, efficiency, and effectiveness. Actually, the struggle lies with aligning the resources and evolving the capabilities to meet the ever-changing needs resulting from the economic shifts. Now in the ongoing Fourth Industrial Revolution, more than 260 years
Which would you rather achieve: Effectiveness or Efficiency Read More »
