By
Rick Nason, PhD, CFA
Partner, RSD Solutions Inc.
Partner, RSD Solutions Inc.
Sometimes
when I sit down to write blogs I have an abundance of decent ideas to try out
and see how they look on the written page.
Other times, like now, I have a paucity of ideas. That I guess is one of the artifacts of being
a living, thinking human.
The
abundance / paucity cycle however also seems to apply to organizations. Sometimes they have an abundance of ideas and
the challenge of management is to try and prioritize which projects will be
pursed and which ideas will have to survive a waiting time if they are ever to see
the light of day. Other times there is a
paucity of ideas and the troops are generally marched off to an offsite to
develop inspiration that sometimes produces results, but more often produces a
wasted 72 hours for all involved.
So what’s the deal with your risk
department? If you have an abundance of
ideas, how do you go about prioritizing them.
If you have a paucity, how do you generate new ideas? Or do you simply think that all the good
ideas for risk management have already been thought of?
