Dangerous Intersection:: the straw that broke the camel’s back

The Lorenz attractor is an example of a non-li...

The Lorenz attractor is an example of a non-linear dynamical system. Studying this system helped give rise to Chaos theory. (Photo credit: Wikipedia)

I was never one for Geometry but these ‘seriously simple’ diagrams, when viewed in real world contexts, make much more sense to me now than hours in a classroom ever did back in the day!

Sudden paradigm shifts, bifurcations, ‘tipping points’ or jumps, that can represent crisis or innovation, happen more than our linear-thinking ever allowed for…but still we find it difficult to accept the implications of what science has shown us to be the case.

More fool us!

PLEASE take the time to read the article and watch the (short) explanatory videos: link below.






…intersections often represent answers. Solutions. States of equilibrium. In mathematical models of economies, or ecosystems, or other kinds of dynamical systems, intersections are where variables come to rest and settle down. In economic models, for example, the equilibrium price of an item is set by the intersection of supply and demand curves. If that intersection suddenly vanishes, the price has to jump.

via Dangerous Intersection – NYTimes.com.

UPDATED:: Quake in Japan illustrated fragility of “Global Supply Chain” & flaws in conventional “wisdom”

Business continuity planning life cycle

Business continuity planning life cycle (Photo credit: Wikipedia)

The case for a Company to maintain a current and comprehensive Business Continuity Plan does not come much better than this example from HP!

Modern global supply chains, experts say, mirror complex biological systems like the human body in many ways. They can be remarkably resilient and self-healing, yet at times quite vulnerable to some specific, seemingly small weakness — as if a tiny tear in a crucial artery were to cause someone to suffer heart failure.

via Quake in Japan Broke a Link in Global Supply Chain – NYTimes.com

Of course EVERYONE hopes that they never have to contend with what the Japanese nation have had to live through. But, at a time in the history of our planet, when the impact of events on the other side of the planet have truly global repercussions, “HOPE” isn’t much of a strategy! 

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Morally bankrupt culture:: Why I Am Leaving Goldman Sachs – NYTimes.com

A salutary lesson for every firm…particularly those within Financial Services (irrespective of scale).

Any “leader” who believes this is only about banks or bankers had better think again!

This is about the prevailing culture that they have presided-over, if not created. It may have enabled you to secure the wealth and power you so craved. But, if it is all that some of the newest, youngest, brightest recruits of the last 10 years have been fed and were/are too fearful to question, you can no longer deny that YOU have done your firm, these individuals, your clients (past and present), economies (local &/or global), future generations and, perhaps, the planet untold, perhaps irreparable, damage.

Unlike a Rating Agency my opinion is completely free! It is based upon both qualitative and quantitative data. Put as simply as possible, unless a financial organisation can offer a high level of transparency, sufficient to reassure its stakeholders and to (re)build TRUST it is not and cannot be deemed to be “investment grade”.

Financial Reform, courtesy of Basel and such like, should not come at the enormous expense that it does. Instead of spending increasing amounts on relentless lobbying it could be invested in “change” that stakeholders can see and believe in…TRANSFORMATION from the inside because you know and admit that it is the only way forward.

I hope this can be a wake-up call to the board of directors. Make the client the focal point of your business again. Without clients you will not make money. In fact, you will not exist. Weed out the morally bankrupt people, no matter how much money they make for the firm. And get the culture right again, so people want to work here for the right reasons. People who care only about making money will not sustain this firm — or the trust of its clients — for very much longer.

via Why I Am Leaving Goldman Sachs – NYTimes.com.

If you like a good conspiracy story I would urge you to read this piece about Martin Armstrong who was only released from jail last year:

Looking behind the curtain: If you like a good conspiracy theory…

Don’t forget that Goldman’s played their part on aiding the Greek Government bring the Euro to the brink of the abyss! I (like others) have had a go at Goldman Sachs on more than one occasion. Enjoy.