Are Risk Ambassadors the Solution to Justification Busting?

‍In today’s corporate landscape, the prevalence of justification as a means to evade responsibility has become a concerning norm. As organizations grapple with this issue, the concept of risk ambassadors has emerged as a potential solution. Risk ambassadors are individuals within a business unit who act as representatives and promoters of proper risk management activities. …

Ethical Capitalism: Balancing Profit and Social Responsibility

In today’s rapidly evolving business landscape, the concept of Ethical Capitalism has gained significant traction. This business model seeks to balance the pursuit of profit with a strong commitment to social responsibility, ethical behavior, social justice, and environmental sustainability. By operating in an ethical and responsible manner, businesses aim to create a sustainable and equitable …

A Year on the Factory Floor: Lessons Learned and Assumptions Challenged

What’s that expression, a change is just as good as a rest? Sometimes, when our careers hit a roadblock, taking a different path can provide the rest and reset we need. As someone who experienced setbacks in the financial services industry, I found myself in need of a break and a chance to refocus on …

The Importance of Effective Risk Management: Avoiding the Pitfalls of Arrogance

Risk management is a crucial aspect of any business, helping organizations identify and mitigate potential risks that could impact their operations. However, the success of a risk management program heavily relies on the expertise and approach of the risk manager or consultant involved. In some cases, the arrogance of a risk manager can lead to …

Deep vs Shallow Professionalism: A Modern Perspective

In today’s rapidly evolving world, the perception of professionalism has undergone significant changes. What it means to be a professional, the qualities that mark someone as a professional, and the ethical standards associated with different professions have all shifted. This article explores the concept of deep versus shallow professionalism, shedding light on the contrasting characteristics …