Should You Have a Chief Skeptical Officer?

What a roller coaster ride the past year has been! Occasionally we had respites as the financial markets gained altitude. This made the next day’s drop even deeper and scarier. Volatility in the system has increased, not only between months and days but from morning to afternoon. Are we at the bottom now? Who knows? But unless we think the world economy is completely falling apart and we are switching back to a barter system, we should look for learnings that could help prevent future problems. This will also provide a competitive advantage during an inevitable rebound.