Wednesday, May 21, 2014

Assembly Line

*/By Rick Nason, PhD, CFA
Partner, RSD Solutions Inc/*

*/Follow us on Twitter/* [1]

The assembly line as we all know is great for mass production.  The assembly
line is by far the most efficient method for churning completely fungible
parts out one after the other. 

Risk however is not fungible.  Risk is constantly changing in different ways
and is unique to each organization and to each context.  Mass production and
the assembly line are not ideal for risk management – despite what the
academics, certification programs and regulators seem to be thinking.


[1] https://twitter.com/rsdsolutions

No comments: