Sunday, November 30, 2014
On Risk Aversion (Updated)
In 2009, I wrote this post on risk aversion.
Here's where it sits on my mind today.
Is risk aversion a fear of auditors, bad press or is it a fear of losing hegemony - a denial of the natural transformation that is occurring now towards models of complexity and resilience?
It seems we prefer the illusion of control, governed by models that are
- mechanical, and
To be able to achieve manageable simplicity, we would have to be able to identify and control the context, the boundaries, the parameters in which we operate. This is not possible, if it ever was.
But how do we change that the easier way?