Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
Diversity is a big topic in management circles. Studies show that we need diversity in managers, diversity on Boards and diversity in education. What are you doing about your personal diversity? What areas of personal risk management development are you exploring that are new, different, out of the normal – i.e. sources that are making you more diverse?
We all read the same newspapers, look at the same websites, and read the same books. And then we have the collective stupidity to wonder how in heck we got to such a state of systemic risk.
You have all heard about the difference between having ten years of experience or one year of experience repeated ten times in a row. Which class of employee / risk manager do you fall into? What are you going to do about it?
Here is a two week challenge: (1) go to a magazine store and buy the magazine that you think is the magazine that would be the last magazine on earth you would purchase, (2) watch a documentary that you think will be more boring than watching paint dry, (3) go to a lecture at a university in a department from which you have never taken a course, (4) learn a new skill – such as how to knit.
You might say that all of this takes time and energy. I agree, but I will also argue that it creates even more time and energy in your brain and in your risk management efficiency. Oh – and you also get all the benefits of diversity that everyone says that we need – and you don’t even have to worry about the political correctness backlash.
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