07
Oct
2011
Friday Risk Reading: Fostering a healthy risk culture
Categories: Friday Risk Reading, Taking & Managing Risk
Lately I’ve been thinking a lot about risk and corporate cultures. Some cultures produce disasters, like the massive, concealed trading loss at UBS – the most recent in a long streak of debacles for the bank. Other environments, however, seem consistently to produce good things – valued products and great experiences. Apple of course comes to mind in this category; Starbucks, too. Both have cultures that nurture and sustain healthy risk-taking, and I am offering two quick items about them for this week's Risk Reading.
I’ve written
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