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In our first Compliance Week TV video we hear from Frank Diana, executive vice president of enherent Corporation, who discusses the challenges involved in information management. 
Compliance Education & Communications Mgr.
Access Management: Efficiency, Confidence, Control 
Code of Conduct
Whistleblower Guidelines
Improving GRC by Visualizing Your Data
“We Can If We Think We Can?” Nope!
Martin Luther King, Nelson Mandela, Muhammad Ali, Albert Einstein, Mother Teresa, Bill Gates… sending a man to the moon, standing in front of tanks in Tienanmen Square, the miracle of creating human life, curing disease, tearing down the Berlin Wall, climbing Mount Everest…
What is the next logical item in the sequence above? Find out below. By the way, the self-proclaimed answer to this question was seized by the Icelandic government after it collapsed and its entire board of directors resigned.
As Kevin LaCroix points out, the video contains Kaupthing Bank’s fatal last words: “We can if we think we can… We think we can continue to grow the same way we always have.”
(via The D&O Diary and Clusterstock)
Interesting. Hubris for sure. But interesting too to see implicated one of the diseases of our time, the psycho-babble (think of The Secret) about how if you just think it, it will become so.
A simple insight–your attitude influences the behavior of others toward you–has been morphed into an utterly illogical dogma that is prime material for cults. Here it is in its full glory:
1. If you think it, it will happen
2. If you don’t think it, it won’t happen
3. If it happened, it’s because you thought it
4. If it didn’t happen, it’s because you didn’t think it.
The Secret cultists believe all four. This is spoon-bending material, folks, complete denial of the rules of physics when you push it that far.
And when you put people who believe this crap in charge of a bank? Whew.
Comment by Charles H. Green — August 27, 2009 @ 12:11 pm