by Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
How would a hyper rational Spock do as a risk manager? “That’s a very human thing to do Captain Kirk. Most irrational!” Face it, Spock would bomb as a CRO. Humans are humans, and Spock was … (actually – I don’t know, most of my Spock knowledge comes from watching Big Bang Theory). The point is that organizations are made up of humans, and industries are made up of humans, and economies are made up of humans. Why do we assume everyone is hyper rational like Spock and design regulations and risk management systems as if they are.
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