By Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
Partner, RSD Solutions Inc.
If my blogs
have been a bit delayed recently it is because I had a good friend loan me
their complete collection of DVDs of Monty Python and the Flying Circus. What a wonderful way to spend an entire
week’s free time binge watching skits such as Bicycle Repairman, citing lines
such as “But it’s my only line!”, watching wacky animations and waiting for the
hermit survivor to come out of some forbidden place to announce the beginning
of the show. Such extensive binge
watching does however delay the blog production.
I was a big fan
of watching Monty Python on Saturday nights when I was in high school in the
late 70’s. Back then the comedy was
novel, rebellious and slightly risqué. What was completely surprising to me however
as I watched the show 35 years later is exactly how novel, rebellious and
slightly risqué the show still remains – despite the fact it was first run in
1969.
Monty Python
was fresh – it was different. Much more
significantly though is the fact that it has stood the test of time exceedingly
well. It has aged very well indeed.
When it comes to risk ideas and concepts, which
ideas is your company implementing that might seem to be novel, rebellious or
perhaps even slightly risqué (if risk managers even have the ability to think
in such terms). Much more significant
however is the question of how the risk ideas your company is implementing will
stand the test of time. Will they age
very well indeed?
