Building Robust Systems

Black Swan Thinking > Forum > Building Robust Systems

Building Robust Systems
Marcel Wiedenbrugge, Consultant, Netherlands, Member
Taleb also frequently mentions to build robust systems. So what should a robust system based on?
- Transparency
- Strong company culture (open, honest, fair)
- Solid bookkeeping (accountability, compliance)
- Consistent practical procedures
- Short and simple
- Flexibility (ability to adapt quickly to changing circumstances)
- Logical structure (understanding where cost and - future - revenues come from, understanding of your business processes / supply chains, understanding of people).
The problem however is, that such systems and practices need to be widespread (as a default way of thinking). The only predictability about human behavior is that we act unpredictable. There simply are too many variables that interact with each other....Sign up

Building a Robust Strategic Framework
John Moses, Manager, Nigeria, Member
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 i...Sign up

Special Interest Group Leader
Jos Nieland

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