Archives
September 2024
Categories
All
|
Back to Blog
STUCK IN SPACE9/10/2024 Boeing's Starliner's two passenger crews are stuck in space, waiting for SpaceX to rescue them next year following an engine issue, which had been identified earlier on by Boeing and NASA. I don't know what's the feeling of being stuck in space and nowhere to go but stay put for a few months until a rescue mission is possible but I wouldn't want to dare find out for myself. The crews are doing well despite the challenge but it was reported that this wasn't their first 'stuck' situation. I was stuck in an elevator for hours in Bangkok. It wasn't a pleasant one but I had to be calm and mentally present. The building technicians and the guard were alerted immediately and I knew that I just had to wait. If you're stuck in space with that blooping sound, you wonder who on earth made that stupid decision to trust a Boeing space machine despite the company's history of safety and manufacturing weaknesses. You can't fake stupidity.
0 Comments
Read More
Back to Blog
DERISKING11/27/2023 When failure is inevitable, politicians, policy-makers, executives, and leaders of organizations try to belittle their efforts so as not to appear a failure. That what they have done is a soft launch, an experiment, pilot, a test-case, so on and so forth. This happens in so many situations where the first few efforts are being calibrated based on a possibility of failure, not of success. De-risking becomes the favorite word these days. But in the broader sense, de-risking is the other side of courageous work. If you hedge against failure, you will instinctively become protective of what you have, therefore you will play not to lose. But if you play to win, derisking increases its value to you and what you're trying to accomplish. It creates more success conditions because you're aware of the possible traps and pitfalls but yet, moving forward with greater resolve. Derisking shouldn't be used if trying is not even an option. If you want to derisk, why not just hide under the covers and wait for a better day, which is in my book, you may have to wait for a long time.
Back to Blog
ZERO TRUST11/30/2022 A few weeks ago another cryptocurrency disaster made a shocking headline.
$1.4 Trillion dollar value was lost out of the Sam Bankman-Fried's FTX and its overall effect on the crypto-world. Why charities are banking on the crypto potential for giving until now is such a childish response? The volatility of this sector is such that you can trust your dog to go home after a day's out more than your crypto dollars to work for you. You can't trust a system when you know that there are no guarantees, no protections, no legitimacies, and no governance that underpin any modern system, whether it's the financial, political, social, and economic in nature. Philanthropy, charity and giving must veer away from high-stakes, high-loss ventures when ordinary people's monies are at stake. What charity can afford to gamble these hard-earned monies earned from the skyrocketing inflations for the sake of creating a new approach, model, or vehicles? In the banking world, trust is not just a philosophical value, it's the no. 1 operative word. Crypto is made-up money and before you know it, it's gone without a clue. Charities, check your donors and keep safe from the minefields of volatile approaches. |