Alan Weiss’s Monday Morning Memo® – 5/24/10

Alan Weiss’s Monday Morning Memo®’s mission is to help readers to thrive.

May 24, 2010—Issue #36

This week’s focus point: What we’re seeing in this disastrous gulf oil spill is that preventive action is never sufficient by itself. It may not work, it may be outdated, it may be inappropriate for a new development. What’s always necessary is contingent action, ready to be applied when preventive actions fail. The contingent actions for this emergency were neither immediately available nor totally effective. In your client dealings (and in your personal dealings) you should always have both strong preventive and contingent actions. You need a fire marshall and “no smoking signs,” but you also need sprinklers and an insurance policy.

Monday Morning Perspective: Thous hast not the power to harm me as I have to be hurt. — Shakespeare, “Othello”

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© Alan Weiss 2010. All rights reserved

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