Advisor

Hints for the Next Economic Crisis: Know Your Risks

Posted November 18, 2008 | Leadership |
The last eight weeks have been fascinating to watch -- at least from a cold-eyed appraisal perspective of how ineffective risk mitigation efforts have been in slowing down -- let alone stopping -- the financial contagion that has spread across the globe.

A large part of the problem has been, of course, the failure to recognize that there was a financial contagion cooking in the Wall Street financial jungle. Like the beginnings of a pandemic that is not recognized, once the contagion started to take hold, it was just too late.

About The Author
Robert Charette
Robert N. Charette is a Cutter Fellow and a member of Arthur D. Little’s AMP open consulting network. He is also President of ITABHI Corporation and Managing Director of the Decision Empowerment Institute. With over 40 years’ experience in a wide variety of technology and management positions, Dr. Charette is recognized as an international authority and pioneer regarding IT and systems risk management. Along with being a Contributing Editor to… Read More
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