{"id":121,"date":"2021-11-16T12:23:07","date_gmt":"2021-11-16T12:23:07","guid":{"rendered":"https:\/\/riskrecon.co.za\/?p=121"},"modified":"2021-11-19T06:59:48","modified_gmt":"2021-11-19T06:59:48","slug":"asymmetric-challenges-survival-tactics-in-the-turbulent-twenties","status":"publish","type":"post","link":"https:\/\/riskrecon.co.za\/?p=121","title":{"rendered":"SERIES 1: Asymmetric challenges & survival tactics in the turbulent twenties (NOTE: 1)"},"content":{"rendered":"\t\t
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Use New Concepts and ask different questions - to better deal with asymmetric risks <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Lake Mwitanzige (Lake Albert) on the border between Uganda & Democratic Republic of Congo (Photo by Dr de Kock) <\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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RiskRecon BLOG Series\u00a0<\/strong><\/p>

No 1\/5 – Use \u2018new\u2019 concepts and ask \u2018different\u2019 questions<\/strong><\/p>

RiskRecon proposes, and introduces new questions and concepts into what runs the danger of becoming an irrelevant exercise, being risk identification, analysis, and mitigation.<\/p>

It runs the risk of becoming irrelevant due to uncertainty, fear, organisational inertia. Or, alternatively, thorough risk identification, and mitigation strategy development fails dismally due to a lack of accountability, and robust engagement with dynamic internal- and external environmental conditions by those charged to execute the mandate & strategy of businesses, organisations, and institutions.<\/p>

In a world of uncertainty, internal organisational inertia, over- bearing executives or board members, and in the case of public entities – controlling (and sometimes corrupt) Executive Authorities, kill the initiative and ingenuity of brave professionals, trying to keep the organisational lights on below decks, while desperately trying to come up with sanitised corporate risk assessments that might keep the mighty organisational, or institutional ship sailing through turbulent economic- and socio-political seas.<\/p><\/div><\/div><\/div><\/div>

Coupled with internal human\/organisational decision-making inertia, the pace, scale, and depth of systemic changes washing over lives, the world, digital screens, balance sheets, and through destroyed- and stressed supply chains the world over since the Great Pan(dem)ic of 2020 erupted, is the fact that those very events, and the massive societal consequences of economic lockdowns, and imposed planetary health restrictions, have moved any organisation, business, or person\u2019s risk horizon into territories yet unimagined.<\/p>

The message:\u2028\u00a0expect unknown unknowns, and expected unexpectednesses to hit a risk radar close to you soon!<\/p>

RiskRecon takes you on a fascinating journey, if you are to engage with us, by peeling away layers of the market and risk-reality onion.<\/p>

Through the lens of some of the most advanced and sometimes \u2018alternative\u2019 economic and AI models (e.g. Princeton Economics, Armstrong Economics\/Socrates project) markets and economies are understood as Complex Adaptive Dynamic Systems.<\/p>

The latter may sound like an overly complex statement to make, but, this series of RiskRecon blogs on asymmetric challenges and survival tactics in the turbulent twenties, will step by step introduce you into a new, and somewhat revolutionary four dimensional model by way of which to identify, engage with, and transcend conditions of apparent haphazard chaos.<\/p><\/div><\/div><\/div><\/div>

Most importantly, the final leave behind from this blog, is that markets are usually understood as a somewhat mathematical expression of the dynamic interplay between three factors, being: Time, Price, and Volatility.<\/p>

RiskRecon, based on its new and somewhat disruptive approach to risk analysis, understands markets as not being mere three-dimensional manifestations.<\/p>

Markets are interdependent and fully integrated organic- digital-physically engineered and constructed systems. RiskRecon introduces into its approach to the strategic challenges you may be facing the revolutionary Fourth Dimension of Risk: Interrelationships.<\/p>

When interrelationships is added as fourth dimension of markets, and implicitly risk identification and analysis, it stands to be reasoned that it adds exponentially increasing levels of dynamic complexity to the assumed general \u2018nature\u2019 of markets. Hence it also nudges risk analysis to incorporate the dynamic behavioural features of humans, and humans societies, that shape market dynamics – and risk horizons!<\/p><\/div><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Use New Concepts and ask different questions – to better deal with asymmetric risks Lake Mwitanzige (Lake Albert) on the border between Uganda & Democratic Republic of Congo (Photo by Dr de Kock) RiskRecon BLOG Series\u00a0 No 1\/5 – Use \u2018new\u2019 concepts and ask \u2018different\u2019 questions RiskRecon proposes, and introduces new questions and concepts into […]<\/p>\n","protected":false},"author":1,"featured_media":147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-121","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/posts\/121","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=121"}],"version-history":[{"count":19,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/posts\/121\/revisions"}],"predecessor-version":[{"id":274,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/posts\/121\/revisions\/274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=\/wp\/v2\/media\/147"}],"wp:attachment":[{"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/riskrecon.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}