Replying to LO29806 --
When we judge whether a corporation is a LO, we neeed to consider whether
its management culture is based on 'continual improvement'. Personally I
believe corporations which maintain an authoritarian management culture,
can never achieve this.
During my working life I've worked for both Australian Government and
private entities.
I was always puzzled by the almost complete lack of comprehension of the
concept of risk, within both areas.
We have all at some time driven ourselves to distraction considering 'what
could happen' and looking at the worst case scenario. Few of us think to
rate the risks in our lives by looking at the likelihood (probability) of
an incident (good or bad), and considering the consequences.
If you measure probabilty on a scale of 0 to 1, and consequences on a
scale of one to ten, when you multiply the two together, you have your
risk rating on a scale of 1 to 10.
The thing that corporations seem to fail to realise is that risk needs to
be managed. In most of the areas of my employment, it was often painfully
obvious that many people were simply not 'risk conscious'. The question I
would ask is 'was this due to religous upbringing', as medical
professionals and other scientsts don't seem to have a problem with the
concept.
The whole risk management theme is directed at dealing with uncertainty.
Perhaps we should all pray more. That might work!
Best Regards,
Alan Cotterell
--"Alan Cotterell" <acotrel@cnl.com.au>
Learning-org -- Hosted by Rick Karash <Richard@Karash.com> Public Dialog on Learning Organizations -- <http://www.learning-org.com>
"Learning-org" and the format of our message identifiers (LO1234, etc.) are trademarks of Richard Karash.