Building a Robust Strategic Framework
John Moses, Manager, Nigeria
The opinion of Taleb in building a robust system by the way needs to be emphasized more. At the strategic management level in an organization, there is need to have a policy thrust that is transparent, consistent, unambiguous but logical and flexible to give room for adjustment when the need arises
Managers should not be trapped with being over optimistic and should not in anyway be drowned by pessimism.
In any case, whatever decision they embark upon, they should try as much as possible to create sufficient margin of safety
to take care of the impending risk that may evolve.