Lesson 08 Dialogue Hedging Bets
Ugh! Did you see today's headline and stock index in the Financial News? The forecast is for anemic demand, and our sector looks all but moribund for the foreseeable future. It's wretched. All these blind spots lurking in the economy were really of our own devising. A bit more due diligence?ayou know, fact checking and asking the hard questions?awould have spared us all this trouble. I think it is about time that every company appoints a CRO, a Chief Risk Officer. You can't be too sure of anything these days! Right! With more expertise, we could simulate the possible consequences of our ventures. Yep, being able to winnow out the toxic options is a big part of handling dilemmas and averting catastrophes.