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Establishing Healthy Conversations About Risk
Manage episode 422953675 series 3495401
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Today I am very happy to be joined by Mark Baker. Mark is a scholar practitioner who has links into industry, academia, commerce. Mark also runs his own consulting business. Mark talks about his journey into systems consultancy. Mark has spent a lot of his career solving complex problems for large companies and international businesses. Mark talks about the importance of feed-forward controls. Mark also talks about the research he has conducted in the dynamics of executive decision making. Mark has found that Teams mature more significantly by having productive discussions about risks. To do this it is important that all board members can share deep concerns, that they have a good discussion about unintended consequences and finally they check whether key assumptions have changed. Mark then talks about ways of ensuring that high value strategies get sufficient management time.
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