The Working Week 83

Was the financial meltdown a failure of regulation or a failure of management? That's the question posed this week as Wayne talks to Dr Alexandra Michel, an Assistant Professor at the Marshall School of Business, University of Southern California and author of Bullish on Uncertainty: How Organizational Cultures Transform Participants.

A former investment banker, Alexandra argues that in many ways, financial instruments are too complex to regulate. Yet management structures can certainly be improved to provide greater foresight - and one way of doing this is to encourage uncertainty.

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