DCarsonCPA on Risk Management, Risk across Three Classes Risk Management, Risk + Cyber and Risk + VUCA

These are optimistic times of changes and great improvements where Technology is allowing greater levels of knowledge creation and teamwork then we ever have seen before through the rate and volume of Teamwork and knowledge creation on the lines of Enterprises, Governance and Social Communications.

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  1. It is also a time of inherent challenges of Global Complexity and greater needs from Humanity on Teamwork beyond the divides both at home and abroad. At home for us to fully live to the values as expressed in the Declaration and Our Constitution of Self Evident Truths in the Equality of ALL, and abroad to strengthen the Teamwork for Liberty, Freedom and Global Humanity. Through the pathways of Teamwork of Free Nations and Free People who can see and understand that the value of each one of us and the inherent value we all posses through providence. The diversity of the Team is the strength of the team and the Global Brain Trust and Capacity for Humanity to meet the challenges of the Present and Future.
  2. Unfortunately the greatness of potential is also connected to challenges of the many of conflicting wants, needs and interests which have always challenged Humanity (at many points driving conflict and reinforcing the needs for communications and teamwork across the divides). Most concerningly a sense in these days of the few to impose their will on the many beyond the agreed upon lines of Society and Governance. It is the complexity of this Age and the balance of Harmony and Discord as fundamental challenge for Society and Humanity. As a manner of remedy in complement to Communications and Understanding, Global Trade builds pathways for Humanity and Teamwork including Aid and Economic Development within the reasonable context of extreme poverty alleviation and where possible to help beyond those lines on the needs for Global Humanity and the rights of people to live in an Accountable Framework to pursue their pathways as adhering to a common sense of the good for Humanity.
  3. Risk and the Concept of Risk Management is a complex point where the needs of Entities and the Marketplace exist as the pathway for value exchange in the Global and Domestic Economy in balance to the needs of uncertainty including Global Environmental, Human Impact and the natural and unnatural ebbs and flows of Supply Demand and the Market Place (in gross over simplification). Our sense of Risk is the broadest sense of Risk including the drill downs to Entity and Market Level Risk from the Aggregate Levels of Risk in the Global Economy in this way covering the comprehensive lines of Industry, NGO, Non Profit, Governmental, Individual / Family / Community and the Global Humanity lines on Risk in the aggregate. Inevitably ALL of these factors at work that both drive the Market Economy and influence the outcomes volatility and Risk - Reward Cycles in the Market Place. The Complexity of the modern Era is that we are all more and more inter-related and inter-dependant on outcomes. Creating unique needs to balance the needs at home and abroad and find the pathways that best support the needs for Global Humanity beyond the lines of our needs as Individuals / Families / Communities / a Nation / the Nation Among Free Nations and the lines of Global Complexity.
  4. Risk Management in the Aggregate is the tool that we have to work with Financial needs in the Market Place, Economic, Financial, Human and Event Risk as a collective class of risk calling for actions best expressed in the simple act of communications. Communications on a person to person level on preventative and proactive actions for the Economy and for entities, for teamwork through Communities and Public-Private Partnership, Entity (Industry, NGO, Non Profit and Governmental) Teamwork on Global Trade, Development and Aid . On the International lines of Nation to Nation teamwork to find the best ways to balance the needs that we ALL face in the Global Economy through a rational structure of accord that values core values at home and abroad on teamwork for Global Humanity. In what is in short not an easy time with task for Leadership in any sector based on Complexity but also very much as simple as the act of improving communications, mutual understanding and teamwork in the aggregate.
  5. Global Trade has strong value to Teamwork as a key point where ALL cross sector stakeholders meet in the Economy in the Aggregate. Persons and Communities who are engaged in productive trade see the net benefits of improvement in quality of life and opportunities in free societies where Free Trade is allowed to distribute the benefits of work to stakehodlers in the aggregate visa vi improvements in Economic Opportunities. We led into this discussion with the highest point of global Teamwork, the Teamwork for Global Humanity so now we will focus in on the lines of Trade.
  6. It's no coincidence that Economists are some of the people who along with Humanists and Theologists most see the value in Global Humanity because the very study of Economics is the Macro picture where we ALL meet in the Economy. As a sometimes challenged lot with relevance to the core rules of the needs of Balance for Unlimited Wants and Needs as matched to Relatively scarce resources in a complex Global Economy. The work of which is substantial but yet yields a sense of the Economic order of All things as derived from the principles of Mathematics and Measurements as manner of connecting to the Mathematical base of symmetry which speaks to a more intelligent design when we connect that design to the common languages of mathematics and music and the principle that through math so much of our natural world comes together. We seek to speak in languages which we understand AND the most fundamental truth and presence of Communications for Humanity exists that math is the enabler to permit Global Communications on the Internet and the measurement and calculations of elements that would otherwise be beyond Our scope and potential to map and calculate.
  7. We may be nearing an age where the Global Gaps on communication are evaporating and we will find ourselves returned over several hundred years to a common core of communication as aided through technology and ever faster and more present advances in knowledge, communications and teamwork. Creating interesting Cultural Challenges and potentially cross cultural stressors as we each seek to find and maintain the balance of who we are as Individuals / Families and Communities and who we are in the Aggregate as Humanity. The Study of Economics is an element of understanding who we are in manner of the Market Place and certain key needs like Agriculture, Health and the many of other elements as expressed in Economics and Sociology.
  8. Agriculture and Health are key points of Global needs for Humanity where Economics and Sociology meet the cross sector lines of Entities (Industry, NGOs, Non Profits, Governments) and the Individual / Family / Community and Societal needs in the Aggregate.
  9. These points in the Global Economy are elements of proof that the lines of the Market Place are not solely about the Interest of Entities but also about the interests of Humanity as the Market Places work with both Economic and Societal needs in the Aggregate and the business cycles of cross sector teamwork speak much to optimizing the value of synergy as the true value of communications and continual cycles of renewal through what the Japanese call Kaizen or Quality Management and Change Management Engineering (through Project Management and Engineering). Our connection to Engineering may be that extra sense of value to reverse engineering and putting the parts to pieces of analysis and back to best help on teamwork as a point of difference to help on challenges and needs for Entities and Humanity.
  10. This is quite a long post here so we move to the points that every entity at work in the Economy is at work with the Forces of the Market Place and Economics as drivers where wants and needs meet relatively scarce resources introducing the lines of Risk and the needs for Risk Management on Competition. We will return at some point to make a more graceful transition here but for the needs of expediency we introduce three classes of perceived risk in the Market.
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