Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
Having just signed a book deal (on a trade book on complexity for business – a pet passion of mine), one starts to think about how it will be received. Will it be accepted, criticized, forgotten or just plain ignored?
Looking back through my library that includes books from when I was a kid, I realize that some of the books stand the test of time better than others. Certain books, such as the Bible or the Koran have been with us for centuries and looks like they will be with us for centuries to come. They have stood the test of time. Some like Dow 40,000 look ridiculous pretty quick.
As one who does a lot of article writing and workshops on Financial Risk and Enterprise Risk Management, I wonder not only how will my work look 5, 10, or 50 years from now, but how will the entire field of risk management be viewed? Will we be considered to be the Alchemists of the business world – in vain search of answers while looking in the wrong direction, or will the discipline develop into a respected science or field of practice?
Looking forward is one of the things that a risk manager is supposed to do. Have we looked forward enough though at our own profession?
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