Nassim Taleb on the impact of debt in uncertain times and lessons from nature


Risk and robustness

The message is (and has been for some time) clear and consistent. It is a further rallying call for business systems to get “fit for randomness”.

In Nature systems do not survive and thrive by optimisation. The systems have limits, around which they are unpredictable and beyond which they fail.

A ringing endorsement for complexity management

This mirrors our approach to measuring and managing complexity within a given system!!!

The trailer for this video (from IBM) help to illustrate our approach. A system (human body) generates data which are the (outputs)measurements of the functions the body performs. Using conventional methods the data is measured independently BUT, as the functions require interdependent and co-ordinated operation to perform each function, this data measurement is incomplete. It tells you little of the current health and capacity of the system.

Our technology enables us to measure the system data interdependently thereby enabling us to assess the current state of health (robustness) of the system, its “distance” from upper and lower operating thresholds. Providing the ability to monitor – in real time – any tendency toward fragility in the system .

The beauty of a our approach and model-free technology is that we have the flexibility to tailor our measurements and management to fit the system whether that be a human body or the ecosystem of a Global Corporation

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