GSV questionnaire: Difference between revisions

Jump to navigation Jump to search
No edit summary
No edit summary
Line 32: Line 32:
*Reset incentives inside the firm
*Reset incentives inside the firm
==Organisational principles==
==Organisational principles==
*Over time, in a stable market, teams skew ''senior'': They get better, more experienced, and less dependent on lane barriers and training wheels. Corollary:  
*'''The risk environment is [[complex]], not merely [[complicated]]''':
*'''Over time, policies and fixed rules become less effective''': As teams become more senior, they are less reliant on training wheels. Training wheels get in the way. and more of a hindrance.
*'''Over time teams skew ''senior''''': They get better, more experienced, and less dependent on lane barriers and training wheels. They also get less inclined to simplify. Corollary:  
*'''Over time, policies and fixed rules lose value''': As teams become more senior, they are less reliant on training wheels. Training wheels get in the way, and bceome more of a hindrance.
Legal is advisory, for edge cases, novel situations, crisis response and situation management
Legal is advisory, for edge cases, novel situations, crisis response and situation management
*Operational interaction is to structure documentation processes to be seamless, standardised, low-touch, and to manage and centralise legal risk from documentation.
*Operational interaction is to structure documentation processes to be seamless, standardised, low-touch, and to manage and centralise legal risk from documentation.