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It is not done to call “bullshit”: Difference between revisions
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Is this the first principle, or the last word, in practical risk management? | Is this the first principle, or the last word, in practical risk management? | ||
===The power of a purpose=== | |||
The JC was once employed by a financial services firm whose new CEO, in a flush of new-broom exuberance, decided the bank needed an explicit ''purpose''. | The JC was once employed by a financial services firm whose new CEO, in a flush of new-broom exuberance, decided the bank needed an explicit ''purpose''. | ||
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All around the room nodded in that thoughtful, non-committal manner one adopts in situations where you cannot rule out a trap — all, that is, except your correspondent who asked, gingerly, whether a bank whose most significant line of revenue accrued from its ultra-high net worth wealth management business — one which, by aspiring to make the super rich richer was really rather committed to ''increasing'' inequality — really ought to be saying such a thing? | All around the room nodded in that thoughtful, non-committal manner one adopts in situations where you cannot rule out a trap — all, that is, except your correspondent who asked, gingerly, whether a bank whose most significant line of revenue accrued from its ultra-high net worth wealth management business — one which, by aspiring to make the super rich richer was really rather committed to ''increasing'' inequality — really ought to be saying such a thing? | ||
The reaction was interesting: by turns horrified but acquiescent. The suggestion was dropped like a hot potato, but the JC was not invited to any more sessions. | |||
===No-one wants to hear your truths=== | |||
Given that any commercial organisation is a [[self-perpetuating autocracy]], we should expect a great deal ''less'' licence to the free expression by the rank-and-file of uncomfortable opinions than is [[Virtue-signalling|virtue-signaled]] by the boss in his daily lectures on the telescreen. | Given that any commercial organisation is a [[self-perpetuating autocracy]], we should expect a great deal ''less'' licence to the free expression by the rank-and-file of uncomfortable opinions than is [[Virtue-signalling|virtue-signaled]] by the boss in his daily lectures on the telescreen. | ||