Showing posts with label Risk Management. Show all posts
Showing posts with label Risk Management. Show all posts

June 28, 2017

At The Doorstep...WMD

With a new threat again of a chemical weapons attack in Syria...

The U.S. is sending clear warnings to the Assad regime--Don't do it!

Generally, the threat of using weapons of mass destruction--chemical, biological, radiological, and nuclear--have become all too blase!

- Syria uses chemical weapons on its own people. 

- Iraq used chemical weapons on Iran and the Kurds

- Terrorists used chemical weapons in Japan and have threatened similar in UK

- Russia threatens use of nukes over Crimea or in a conflict with NATO.

- North Korea threatens preemptive nuclear strike on the U.S. 

- Iran has threatened attacks on Israel over nukes.

- Biological weapons such as Anthrax have been used against the U.S. and bioterror has been threatened in India

This list is far from comprehensive--and how very commonplace this is becoming is exactly the problem!

It is one thing (already scary bad) to have weapons that can do the unthinkable, and it is quite another to actually use or threaten to use them in such blase fashion like taking out the garbage or something!

I would add that these days, we also need to add cyber attacks and EMPs to the threats of mass casualty and destructive events. 

If we don't ensure that cooler and more stable heads prevail at the notorious red buttons around the world, then the risk of someone eventually doing something very stupid and dangerous to millions--or even billions--of lives is no longer just in the realm of science fiction anymore, but becomes so very ominous and real a disastrous possibility. ;-)

(Source Photo: Andy Blumenthal)
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April 7, 2017

Managing for Humpty Dumpty Risk

So this was interesting...

I was in a meeting and someone was discussing the risks involved in a project.

And they mentioned the Humpty Dumpty Effect.

A bunch of people looked at them like what's that. 

Then they explained that it's the risk of breaking something during the project. 

Sort of like the Hippocratic Oath that doctors take to, "first, do no harm."

When we are planning, designing, building or implementing a project--be it information technology or something else--we don't want to break something in the process. 

That's the Humpty Dumpty Risk to beware of and it's an egg-celent point! ;-)

(Source Photo: Andy Blumenthal)
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March 20, 2017

Budget Cuts Conundrum

So I'm hearing two opposing themes about the proposed federal budget cuts:

1) It's horrible because we are cutting into the bone and this is going to really hurt a lot of important government programs.

2) It's great because we have been spending money that we don't really have, and we need to finally reign it in. 

Let's face it, we'll never get such drastic cuts across the civilian government unless this country goes into severe crisis mode--which never happens until it's too late and something terrible has happened. 

If we even got half the cuts being proposed--which most people don't seem to believe will even happen--that would be significant and painful itself. 

The truth of the matter is that we are facing enormous danger on both the national security and financial fronts!

- Militarily--Russia, China, Iran, North Korea pose huge threats including those involving weapons of mass destruction. 

- Financially--We have a serious national debt to the tune of $20 trillion, an annual trade deficit of half a trillion dollars, and social security and medicare trust funds that are going bankrupt. 

If we let these threats run their course, we will eventually have a crisis that will be truly nationally catastrophic. 

So what's it gonna be--guns or butter--or national bankruptcy. ;-)

(Source Photo: Andy Blumenthal)
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December 10, 2016

{Saving Us From DC Ground Zero}

One well-placed nuclear suitcase bomb or nuclear ballistic missile strike on DC and say goodbye to virtually the entire hub of the Federal government. 

As of 2014, there are over 4.2 million federal employees (2.7M in the civilian agencies and 1.5M in the military). 

Over 500K are located in the DC, MD, VA tristate area. 

But it's not just the numbers, it's that the headquarters of all the major government agencies are located here. 

While, of course, there are backup sites, and emergency doomsday sites like Mount Weather (48 miles from DC), there is no telling how much advance notice, if any we would have, and who would escape and survive a deadly blow to our capital region. 

And it could be a radiological, chemical, biological, or nuclear (RCBN) attack that does us in...whether from Russia, China, Iran, North Korea or other diabolical enemy out there. 

The point is that by concentrating all our federal headquarters and senior leadership and key resources here we are in fact, giving the enemy an easy shot to decapitate the entire country?

While others (like Paul Kupiec in the WSJ) have questioned whether some of the federal agencies can be moved out to other needy cities and communities across the country for economic reasons (to bring jobs and investment) especially those agencies that are actively looking to build new HQS buildings already (e.g. FBI and Department of Labor), to me the far more potent question is one of national security. 

The main advantage of having the crux of the federal government in the DC area is surely one of coordination--the President wants his Cabinet near him and the Cabinet Secretaries want their senior staff near them, and so on and so on. 

So, you get this mass concentration of a who's who of the federal government in and around Washington, DC. 

But what about the advances of technology? 

Surely, through networks and telecommunications and teleworking, we can support a geographically diverse workforce and do no significant harm to our operating as one.

We're talking a very big cultural change here!

It's one thing to have nuclear missiles roaming the seas on attack submarines waiting for orders from Washington, DC and it's quite another to move the actual government intelligentsia and leadership out from the central hub. 

Let's face it, in a real crisis situation, with the chaos and panic and transportation overflow and perhaps simultaneous cyberattacks, no one is really going to be going anywhere--especially in a surprise attack. 

If Pearl Harbor (of which we just celebrated the 75th anniversary) and 9/11 teach us anything is that when the sh*t hits the fan, it hits hard and sticks solid. 

Working in the Metro DC area, selfishly, I'd like to say keep the investment, jobs, and great opportunities here.

For the good of the nation and our survival against true existential threats, we'd be much smarter to spread the federal wealth as far and wide across this great nation that we can. ;-)

(Source Photo: Andy Blumenthal)
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December 6, 2016

The Planetary Colonization Imperative

I read something so simple yet profound from theoretical physicist, Stephen Hawking (The Guardian).

First, he enunciated many of the threats we face these days, including:

- Accelerating technological change [I would elaborate that these include more advanced weapons of mass destruction and the means to deliver them]

- Automation, [robotics,] and rise of artificial intelligence

- Economic inequality, mass migration, job destruction, [and divisiveness] augmented by immersive social media that accentuates "Instagram [and Facebook] Nirvana" versus the real poverty and struggling of the masses, 

- "Environmental challenges: climate change, food production, overpopulation, the decimation of other species, epidemic disease, and acidification of the oceans."

In one sentence then, Hawking says it all about the high level of risk we face:
"We now have the technology to destroy the planet, but have not yet developed the ability to escape it."

His call to action:
"Perhaps in a few hundred years,  we will have established human colonies amid the stars. but right now we have only one planet. and we need to work together to protect it [and develop the means to eventually be able to escape it for the survival of humanity.]"

In short, we must get to and colonize other planets as quickly as possible, because it the realm of history, it's only a matter of time and our collective lives are depending on it. ;-)

(Source Photo: Andy Blumenthal Via National Geographic)
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November 22, 2016

Good IT Gone Bad

So over and over again, good IT goes bad in a flawed decision-making process. 

Even with the best laid plans and governance processes in place, somehow decisions get politicized, go bad, and projects fail. 

Here are some of the popular reasons why this happens:

1) Someone has something to prove - Often their is a person incoming to power who wants to show off what they can do. Instead of focusing on what is best for the organization's mission and people, they put themselves first. IT becomes not a tool for efficiency and effectiveness, but rather as some project rushed through for someone's resume and narcissist career progression. Time to add another notch on your IT belt!

2) Someone used it, saw it, or heard of it someplace else - So why follow a structured decision-making and vetting process for new technology, when Joe Schmoe already has the answer of what we can use and what we should do. Perhaps, Joe Schmoe used the technology in another place and for another reason, but that's what he knows and instantaneously, he's the maven, subject matter expert. Or maybe, Joe Schmoe attended a vendor conference or read a trade mag on the airplane and now he is guess what, the all-knowing on the topic. Get ready to pull out your wallets to pay for the wrong thing for your needs and organization, but it's okay becuase Joe Schmoe assured you it's great!

3) Someone wants to use technology like a Swiss army utility knife - Let's just buy this amazing tool; it can slice, dice, chop, mince, or Julienne; actually there is nothing this IT tool can't do. Buy it and use it for all your technology projects and needs. Why buy specialized tools, when you can have one that does everything--it will be your data warehouse, cloud provider, handle all your transactions, and be your artificial intelligence all in one.  Don't worry about the complexity, integration, training, support or how good it does any specific thing--just trust us!

In general, it shouldn't be so easy for leadership to get sold and fooled by the wrong people with the wrong agendas. Yet, these things seem to take off like a speeding locomotive, and if anyone tries to step in front of it, career splat for some unfortunate well-meaning character!

Some leaders and organizations only seem to learn by making the same IT mistakes again and again--it's costly to their mission and to their stakeholders, but someone is making out like a bandit and it's on their dime. ;-)

(Source Photo: Andy Blumenthal)
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November 16, 2016

To MARS and Beyond

So excited about the new show called MARS (and yeah, it's on National Geographic). 

I watched the season premier and it was awesome!

They did this cool combination flipping between the non-fiction of the here and now on Earth in 2016 with all the plans and advances being made to go to settle Mars someday, and the fictionalized future 2033 actual voyage and colonization there. 

The spaceship, rovers, colony are all pretty amazing and it seems so real like we're practically there!

Elon Musk (SpaceX) does a nice job explaining the vision and the reusable rockets they are focused on to get us cost-effectively to the Red Planet and beyond. 

The imperative is clear for us becoming a true multi-planetary species, so that we drastically reduce (hopefully to zero) the risk of an extinction level event to humanity.

There was a good quote that I remember, something like:

"We go into the dark, so others can follow the light."

The leap forward of us actually making it to and colonizing Mars is so mid-boggling great that just about everything else literally pales in comparison. 

Mars is just the first real step...after that the possibilities are truly endless. ;-)

(Source Photo: here with attribution to NASA Jet Propulsion Lab)

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October 11, 2016

On the Lookout To Managing Risk

So risk management is one of the most important skills for leadership. 

Risk is a function of threats, vulnerabilities, probabilities, and countermeasures. 

If we don't manage risk by mitigating it, avoiding it, accepting it, or transferring it, we "risk" being overcome by the potentially catastrophic losses from it.

My father used to teach me when it comes to managing the risks in this world that "You can't have enough eyes!"

And that, "If you don't open your eyes, you open your wallet."

This is a truly good sound advice when it comes to risk management and I still follow it today. 

Essentially, it is always critical to have a backup or backout plan for contingencies.

Plan A, B, and C keeps us from being left in the proverbial dark when faced with challenge and crisis. 

In enterprise architecture, I often teach of how if you fail to plan, you might as well plan to fail. 

This is truth--so keep your eyes wide open and manage risks and not just hide your head in the sand of endless and foolhardy optimism for dummies. ;-)

(Source Photo: Andy Blumenthal)
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May 22, 2016

Silence Or Violence

So when it comes to "Crucial Conversations," they unfortunately frequently end in silence or violence.

When the "stakes are moderate to high, opinions vary, and emotions run strong" that's when communication really seems to break down, rather than achieve their goals of working things out. 

Like when our lives are in danger and we have the adrenalin rush reactions to fight or flight, similarly with potentially "dangerous" communications, people become aggressive and abusive or shutdown and withdraw. 

When your afraid of a negative outcome, either you start hammering others with your ideas and opinions or you exit the conversation and seek safety. 

Either way, at this point, there's no real common ground, negotiation, compromise, or win-win to be easily had...in this pressure cooker poor excuse of a dialogue, it can basically become a tragic win-lose situation.

Perhaps, that's why there are mediators and neutral third parties that are often brought in to make people feel (relatively) safe again, help them be understood and to understand, and to find a negotiated peace or settlement. 

And what happens when even this doesn't work and communication and diplomacy fails?

Well that's when people and countries bring out the big guns and they essentially go to war to win what they hoped to achieve with dialogue. 

Now words are no longer the only choice, but all options are on the table, and that's when benign words can quickly turn into more drastic or deadly deeds (aka the children reframe of "Sticks and stones can break my bones, but words will never harm me."

And there is always the thermonuclear option--people supported it with Japan in WWII and they say they would support it with a Tehran that violates the very generous nuclear deal they received.

Words are a prelude to a possible peace or an unwanted war. 

They can be the last chance to work things out the way we hope for.

And if words alone can't resolve the issue, then blood and treasure is spent and spilt to resolve the otherwise unresolvable. ;-)

(Source Photo: Andy Blumenthal)
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March 11, 2016

Hey, Pay Attention

It's funny, when the way forward is uneven, broken, or fraught with danger, and someone just puts out a sign (and orange cone) warning you to be careful. 

Sure, it's the responsible thing to do--protect people from misstepping. 

But even with the largest, loudest warnings, there always seem to be some people who just go right ahead anyway and tempt fate--they step on that 2nd broken stair.

Maybe it doesn't give way (this time for this person) or maybe it does.

But they are too busy, too much in a rush, or too cocky to pay heed or else they like to play the odds--hey, what are the odds that something will actually happen to "me"?

The more cautious, perhaps smarter folks look for another way--using their ingenuity to go over, under, or around the obstacle in their path--in this case stepping over the broken 2nd step. 

Other may yet be deterred altogether and just turn backwards, giving up on their trek or just stop in their tracks like a deer in the headlights frozen by indecision.

I'd suggest that it is well worth it to take the time to look around you, sense the environment, and make a sound judgement before giving up or stepping stupidly into the ditch, minefield, quicksand, or on the broken step. 

It's much harder to get out of trouble than to avoid it to begin with. 

I joke with one of my colleagues that they always have time to do things a second time (always!), but because they are rushing, never enough time--or focus--to do it right the first one. 

Watch your step, because some of them of definitely broken. ;-)

(Source Photo: Andy Blumenthal)
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January 20, 2016

Why Would ANYONE Close Gitmo?

So over and over again, we read about the desire and promise by some to close Guantanamo Bay ("Gitmo")--the prison for terrorists against the U.S. 

What are the reasons given and do they make any sense?

1) It's costly--Yeah, it's costly to house prisoners, especially incredibly dangerous ones like terrorists who commit mass murder like in 9/11, but what is the cost of letting them go free, especially when the known recidivism rate of the released detainees is close to 29%!

2) It inspires other terrorists--Really, since when does imprisoning bad apples inspire other bad apples. Isn't one of the well-recognized and intended purposes of incarceration is to dissuade and deter bad behavior, as well as to rehabilitate. Even according to those who question the effectivenss of the deterrent capability of prison, studies show that it should be used to "incapacitate offendors (particularly, those of a chronic, higer risk nature)." In other words, we need to take and keep the terrorists off the battlefield!

Can an argument be made to bring the terrorists into prisons on American soil? Sure, but it makes a lot more common sense not to bring terrorists into the American heartland and risk further violence and danger to our citizens from known terrorists and their jihadist associates. 

Additionally, after 9/11 and the loss of almost 3,000 people, our brave U.S. serviceman and women spent a lot of time and hard work and risked their own lives to capture these dangerous terrorists...why would we want to release the terrorists endangering our military and our citizens all over again (especially when the threat has not abated--see below)?

Has the threat of terrorism gone away that we can say the war on terror is over and so let's send the terrorists home (the question itself almost sounds ludicrous for anyone living in the age of ISIS, Al-Qaeda, Hezbollah, Hamas, Islamic Jihad, Boko Haram, and more)?  Well, according to the RAND research experts, "there has been an INCREASE in the number of Salafi-Jihadist groups, fighters, and attacks." 

And after the recent attacks in Paris, San Bernardino, the downing of the Russia airliner, and many other terror strikes, it is no surpurse that "Americans name terrorism as the No. 1 U.S. problem."

Perhaps, this helps us understand why Congress is blocking the closing of Gitmo, and why none of us should be able to understand why violent, dangerous terrorist detainees are continuing to be released to hurt U.S. citizens again.

(Source Photo: here with attribution to JBrazito)
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January 15, 2016

It's Not About The Regrets

So a teacher recently gave her students a scenario with the following moral dilemma:

An important and talented surgeon who has saved many lives in the past and will surely save many more in the future runs across an old man who has slipped and fallen under the cracking ice into a lake after trying unsuccessfully to save his puppy from drowning.  

The old man is trapped and will freeze to death in short order.

Should the surgeon walk across the breaking ice and risk his own life to try and save the old man?

The vast majority of students' responded...that the surgeon should try and save the old man.

When asked why they thought that, most said because otherwise he would feel guilty afterwards. 

Thinking about that it seems like a funny reason to do something dangerous, heroic, and maybe utterly stupid...so as not to feel guilty. 

I guess that I would've thought people who would advocate for trying to save the old man would say something like

- Every life is valuable!
- Saving one person is like saving the world.
- Helping people even at our own risk or peril is what we do for our fellow human beings.
- We would want others to help us if we were in trouble, so we should do that for them. 

While we can't judge someone else for how they react in situations of genuine moral conflict, we can teach the younger generation that doing something good for others is about more than just not feeling bad or guilty afterwards (for being lazy, selfish, or making the wrong call in the situation).

Making moral judgements is about choosing in every situation to try your best to do what's right, help people, be a good influence, take responsibility, and generally act selflessly, but not recklessly. 

Regret stinks (and can be truly painful), but missing opportunities to live a good, meaningful life is much worse. ;-)

(Source Photo: The Blumenthals)
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December 8, 2015

If Terror Fits

There is the old saying that "If the shoe fits, wear it" or as this holiday shopping sign says, "Buy it!


I know everyone has their personal filters through which they see the world--many of these come from family, friends, community, teachers, religion, personal experiences, or even innate personality.


One thing that I think many people are struggling with these days with politics is what possible filters are guiding many concerning policies of our country resulting in:


- The tepid response to terror attacks on this country as well as in Paris, London, and Jerusalem.


- The clamping down on free speech in the wake of terror.


- The lax immigration checks on refugees.


- The dangerous spread of ISIS after the withdrawal from Iraq.


- The disappearing red line in Syria.


- The emboldening Iranian nuke deal.


- The bias perceived against friend and ally, Israel.


- The unbriddled Russian resurgence.


- The lumbering pivot to address Chinese militarization.


We are living in chaotic world times, and we need strong hands on the rudder to safeguard the people and future of the country--for that we need to understand where politics and politicians are coming from that may be leading to either sound or compromised decisions and the resulting return and risk to the fate of us all. ;-)


(Source Photo: Andy Blumenthal)

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November 6, 2015

Are We Ready For Anything?

So contingency planning is a critical part of risk management.

You never know what can happen in life...

So you must have a solid business continuity plan (BCP) and disaster recovery plan (DRP). 

That way in case of natural disaster or terror attack--we are prepared!

So what was really sad-funny this week was when I became aware of an annual contingency planning exercise that was being conducted as a table-top exercise--that's legit. 

It was well-planned, scripted to really challenge the participants, and I heard it went very well.

But then just that evening as it turned out there was a real contingency.

What happened?

Everyone was working well to address what happened and how to fix it and kudos to some super great people. 

The only problem was no one seemed to really know or was following what to do from a contingency plan perspective.

In the end everything turned out fine, but it was incredible how planning and training can deviate so far from real life. 

It's like in school, when administrators conduct fire drills for the teachers and students and everyone gets up like good boys and girls and goes out in an orderly fashion, maybe even in a nice buddy system, but then when G-d forbid there is a real fire, everyone starts screaming and running crazed for the exits. 

Perhaps table top exercises should be thrown out the window and testing should be conducted with realistic scenarios and under mandated lifelike circumstances. 

Instead of smoke and mirror planning, we need serious preparation for the day when it isn't child's play or cool drawings on the whiteboard only. ;-)

(Source Photo: here with attribution to Sharyn Morrow)
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November 4, 2015

Fearless = Reckless

I took this photo in the Metro in Washington, D.C. 

It says, "Be Fearless."

Why?

No, it doesn't pay to be wholly fearful--and paralyzed by anxiety or indecision. 

But it is stupid to be fearless--because being fearless is being reckless. 

It's good to think about possibilities and consequences--not everything that can go right will and more often then not, as Murphy's Law teaches, whatever can go wrong often does.

Better to think about what can happen--both good and bad--how to manage the risks and how to maximize the rewards.

Have fear of heaven and of bad things--and try to make them better, where you can. 

Fearless is for those who want to be stupid, act reckless, and end up mortally wounded or prematurely dead. 

Fearsome is for those who want to confront their fears head on, manage them wisely, and make the most of the opportunities in a risk-reward managed way. ;-)

(Source Photo: Andy Blumenthal)
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September 12, 2015

Apple Desperately Needs Some New Fruit

I love my Apple iPhone, but this core product debuted in January 2007.

We're going on almost 9 years!!!

Don't get me wrong, the iPhone is enormously successful:

- It accounts for 92% of the smartphone industry's profits (even though it only sells 20% of the smartphones). 

- The iPhone bring in almost 2/3 of Apple's total revenue now going on almost $200 billion. 

But, the new growth that Apple seeks in not based on any real exciting innovation.

Take for example Apple's announcements this week:

- A new larger 12.9 inch iPad with a stylus (the Apple Pencil).

- A revamped Apple TV set-top box. 

- Apple's iPhone 3-D Touch that controls the smartphone based on how hard you press. 

Uh, ho-hum--this is all V-E-R-Y boring!

Google has a similar problem with their core business of advertising on Search and YouTube accounting for 89% of their revenue.

But at least Google continues working towards their next moonshot, and has reorganized their innovation labs into a separate entity called Alphabet--working on everything from:

- Self-driving cars

- Delivery drones

- Internet balloons

- Smart thermostats (Nest)

- Broadband services (Google Fiber)

- Longevity research (Calico)

- Smart contact lenses

- Robotics

Unfortunately for Apple, the death of Steve Jobs in 2011 has meant the loss of their driving force for innovation. 

Despite a workforce of about 100,000 and a gorgeous new flying saucer-looking headquarters, can you think of any major new products since Jobs?

Apple is a fruit in it's prime--ripe and shiny and hugely smart and successful, but without any new fruits going forward, they are at risk of becoming a stale mealy apple, versus a bountiful and delicious fruit salad. 

Apple is very secretive, so maybe the fruit is coming. 

I hope for our sake and theirs that Apple is seriously planting for the future and not just harvesting on the past. ;-)

(Source Photo: Andy Blumenthal)
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June 5, 2015

People Are Our Greatest Asset, Goodbye!

The Chinese are smart and talented, and there is a cyberwar going on. 

They are suspected are having just stolen the personnel information of 4 million federal government workers.

And there are 4.2 million active, including 1.5 million military personnel. 

So if as they are apt to say, "people are our greatest asset"...

...then we just sort of lost the CROWN JEWELS in terms of highly personal, sensitive, and critical information on the people that handle everything from defense and diplomacy to the economy, energy, the environment, justice, and health and wellbeing. 

Oops!

This is getting scary folks. 

When the adversary through cyber (and other) espionage can know our people, our technology, our communications, virtually everything...then we got some big vulnerabilities!

If we can't defend ourselves adequately (at least for now), I hope at least we are doing okay on the offense! ;-)

(Source Photo: Andy Blumenthal)
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February 17, 2015

From Stability Comes Instability

I remember hearing the phrase (not sure from where), "everything and the opposite."

I think it refers to how within each thing in life are elements of the exact contrary and opposing force. 

Similar to the interactions of ying and yang, the world is an interplay of opposites--males and females, black and white, fire and water, ebb and flow, good and bad, optimism and pessimism, and so on. 

Everything has a point and it's counterpoint.

It was interesting to me to see this concept expressed in terms of the financial markets (Wall Street Journal), where bull and bear contend in terms of our finances.

But what was even more fascinating was the notion from the economist, Hyman Minsky, who noted that the very dynamic between stability and instability was inherent within itself.

So for example, Minsky posits that a stable economic market leads to it's very opposite, instability.

This happens because stability "leads to optimism, optimism leads to excessive risk-taking, and excessive risk-taking leads to instability" (and I imagine this works in reverse as well with instability-pessimism, retrenchment and limiting risk to stability once again).

Thus, success and hubris breeds failure, and similarly failure and repetitive trial and error/hard work results in success.

It is the interflow between ying and yang, the cycle of life, life and death (and rebirth), the seasons come and go, boom and bust, and ever other swinging of the pendulum being polar opposites that we experience. 

The article in the Journal is called "Don't Fear The Bear Market," I suppose because we can take comfort that what follows the bear is another bull. 

But the title sort of minimizes the corollary--Don't (overly) rejoice in the bull--because you know what comes next.

Go cautiously and humbly through life's swings.  ;-)

(Source Photo: Andy Blumenthal)
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January 20, 2015

Buyer Beware, Else Buyer Remorse

Just a quick lesson I wanted to share from my grandfather.

He used to say (or so my dad used to tell me), "You open your eyes or you open your wallet!"

Put another way is that "A fool and his money are soon parted."

But I like the way my grandfather put it even better--easier to remember and no name calling involved! ;-)

(Source Photo: Andy Blumenthal)
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January 18, 2015

Governance, Pay Attention

So I chose this photo to represent bad governance. 

The governing board covers their ears, eyes, and mouth.

Because they hear and see no evil and speak no truth. 

They are deaf, blind, and dumb--they provide no real oversight. 

Simply choosing to collect their pay checks and stock options for residing on the governance board.

This is their payoff--not to govern--but rather to shut up and stay out of it!

I read a good overview of what governance is supposed to be and comparing it to management functions (Reference: Exam Preparation Course in a Book for Passing the CISM):

  • "Oversight versus Implementation
  • Assigning Authority versus Authorizing action
  • Enacting policy versus Enforcing policy
  • Accountability versus Responsibility
  • Strategic planning versus Project planning
  • Resource allocation versus Resource utilization"

When the board does their job, then the organization has a business strategy, manages risks, allocates resources, delivers value, and measures and monitors performance. 

In other words, no more acting like a bunch of out of control monkeys. ;-)

(Source Photo: Andy Blumenthal)
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