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by jt2190 1932 days ago
Consider:

> ... [F]inance is fundamentally about moving money and risk through a network. [1]

Your employer has taken on many, many risks as part of their enterprise. If every risk is addressed the company likely can’t operate profitably. In this context, your business needs to identify every risk, weigh the likelihood and the potential impact, decide whether to address or accept the risk, and finally, if they decide to address the risk, whether to address it in-house our outsource it.

You’ve identified a risk that is currently being “accepted” by your employer, one that you’d like to address in-house. Perhaps they’ve taken on the risk unintentionally, out of ignorance.

As a professional the best I can do is to make sure that the business isn’t ignorant about the risk they’ve taken on. If the risk is too great I might even leave. Beyond that I accept that life is full of risks.

[1] Gary Gensler, “Blockchain and money”, Introduction https://ocw.mit.edu/courses/sloan-school-of-management/15-s1...