by Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
“The Message” is a popular translation of the Bible. Some like it, some really dislike it. My purpose in this blog is not to comment on the merits of one religion versus another, or one translation of a religious translation versus another. I do however wish to put forward a point that this translation illustrates.
The purpose behind “The Message” is in part to translate the Bible into a modern contemporary language and context, and not necessarily be a literal translation of the original Greek and Hebrew. This of course angers the purists. Conversely it pleases many others who no longer have to deal with a Bible that they felt was intimidating and difficult to read, understand and appreciate.
Perhaps we should in risk management take a pause and think about this. Are we so stuck on mathematical and definitional orthodoxy that we don’t realize that a more flexible and perhaps “contemporary” way of looking at risk management might actually make it easier and more popular for organizations to implement and practice the policies we are actually putting forward?
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