Too risk averse, too path dependent – redesign governance systems to face shocks
Listen now
Description
Mark Esposito, Professor at Hult International Business School and Adjunct Professor of Public Policy at Georgetown University, joins us today to discuss crisis and resilience. He dissects the concrete markers of a resilient system and discusses what helps it withstand (and possibly thrive in) turmoil. The number of shocks will only increase, hence it is high time to in-build agility and implicit fragility into our systems. When it comes to governance and decision-making, there is a lot of destigmatization that needs to be done on the concept of failure. In crisis, the speed of response and pivoting may be more critical than accuracy. Yet we’re bound by institutional legacies that have not been stress-tested for the mega challenges of today and operate under the assumption that decision-making must be successful 100 percent. How to regroup? Follow his discussion with UNESCO's Iulia Sevciuc for solutions.
More Episodes
Sudip Parikh, CEO of the American Association for the Advancement of Science and Executive Publisher of the Science journals, talks to us about major trends in science and how they affect us all. He begins by saying that populism and polarisation are taking hold of science. Belonging to a group –...
Published 04/10/24
Published 02/09/24
Juliet Schor, Sociology Professor at Boston College and a bestselling author, says the traditional approaches to work need redesigning. The case she makes is for a reduction of the workweek from five to four days with no pay cut. Juliet has been trialling it around the world – including...
Published 01/31/24