Can your lotus of control affect or influence your business decision-making capability? Locus of control describes the degree to which individuals perceive that outcomes result from their own behaviors, or from forces that are external to themselves. This produces a continuum with external control at one end and internal control at the other As the environment…
ESG is real:ESG is a system used to measure the sustainability of a company or investment in three specific categories: environmental, social, and governance As the below article describes, Canada, our North American neighbor (and former fellow commonwealth neighbor) has now mandated that banks and insurance companies report on climate risk exposures of their clients….
The Cobra Effect refers to a story from British India. The authorities faced a problem of an uncontrollable increase in cobras. The solution implemented was to incentivize the public to kill cobras by offering a bounty on each dead one. This resulted in people breeding cobras for increased incentives which ultimately resulted in abandoning the…
Demonstrating the management ethos that contributed to his recent induction as a Fellow of the Caribbean Risk Management Academy, the Minister of Public Utilities in Trinidad and Tobago identifies and prepares to act regarding the people risks at the organizations within his portfolio. Visit the website to read the full story published in the Trinidad…
