Know your purpose

The design of organisations and products

Index: Click ᐅ to expand: Design

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Ask big picture questions, and then widen the lens:

What is the legal function here for?
What is a control function here for?
What is the bank here for?

Maximise return on risk by managing risk: whittling down all subsidiary/associated risks so what is left is what you are seeking return for taking. So, of an investment:

minimise enforceability risk
minimise regulatory risk
minimise tax risk
minimise counterparty credit risk
reduce funding costs
reduce transaction costs ↔ negotiation
reduce maintenance costs