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Global RISK Management Network™
Managing Radical Discontinuous Change, Uncertainty, and Complexity
through People-Process-Technology
BRINT Institute, The Knowledge Creating Company™
The Mission
Educate... Enlighten... Empower...
Developing leading edge thinking and practice on Contemporary Finance, Risk Management, Business & Information Technology Management issues to facilitate organizational and individual performance, success, and fulfillment.
A sample of our corporate and organizational clients, patrons, and users is listed below:
Business Schools: Harvard, MIT, Princeton, Stanford, UC Berkeley, Wharton
Consulting Firms: Accenture, Ernst & Young, McKinsey, Price Waterhouse Coopers
Global Corporations: Goldman Sachs, Google, HP, IBM, Intel, Microsoft, Wells Fargo
World Governments: Australia, Brazil, Canada, China, European Union, UK, USA
U.S. Defense: AFRL, Air Force, Army, CCRP, Comptroller, DISA, DoD, NASA, Navy
World Defense: Australia (Air Force), Canada (Defence R&D), UK (Ministry of Defence)
Associations: AACSB, ABA, ACM, AICPA, AOM, APICS, ASTD, ISACA, IEEE, INFORMS
Over Half-Million Dollars Contributed to Worldwide Learning & Growth
in our 'Giveaway for Success'™ Educational Programs:
'Giveaway for Success': Advancing Cutting-Edge Research & Practices
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Creating Global Benchmarks through
High Impact
Information & Technology Management
Practices
BRINT Institute
is unique in being the world's digital gateway to the largest pool of
talented minds involved in Contemporary Financial Risk Management, Information Technology Risk Management, and, Business Risk Management issues related research and practices across the USA and all
other countries of the world.
Our
content, community, research, and thought leadership have been
generously endowed with a user base of world-wide learners and patrons
numbering in millions.
Many
of our activities have received unsurpassed reviews and awards in
worldwide popular press as well as practitioner and scholarly forums.
World's
governments, corporations, institutions, and, corporate executives seek
and apply BRINT Institute's counsel on national policies and corporate
strategies.
Worldwide
consultants, managers, entrepreneurs, corporate executives, government
officials, professors, and scholars reference our research and
practices.
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The futuristic paradigm of Complex Adaptive Systems that can handle unprecedented change, uncertainty, and complexity continues to be the central theme of research and practice on which BRINT Institute was founded. It is also the central theme on which our early contributions to managerial practice have been written about by the New York Times and the Wall Street Journal among others. For instance, commenting about controls and regulation in complex and uncertain business environments, our founder observed the following in an invited interview published by the UK management press on April 2, 2005:
"Paradoxically, the economies of the bygone era had inculcated in most managers the models of scientific management based on deterministic control. However, in the new era of rapid pace of increasingly unpredictable change, such models of deterministic control would result in failures - particularly of large-scale systems. The challenge lies in trying to control what is uncontrollable. The emergence of the digital era with KM at its focus resulted in the 'perfect storm': managers trying to impose greater controls when such controls are either economically expensive to sustain and often even detrimental to the viability of the increasingly 'out-of-control' systems. The mechanistic thinking that served its purpose well during the industrial era seems to underlie many of the current failures of both IT and KM-based systems."
Prospective: Rethinking Risk Management for the 'New Finance'
In contrast to other paradigms of finance, accounting, and economics that inform our understanding, our research and practice focus on understanding systemic risks, extreme events, and, related models of controls and compliance as applicable to networked information and computational systems. Our specific and direct focus on information and computational systems and corresponding human behaviors and performance at various levels of analysis within environments characterized by radical discontinuous change events have informed worldwide managerial practices over the past decade. It is in the context of such basic understanding of information and computational systems and related performance behaviors wherein financial economics theory and research have been criticized for their inability in predicting prior ‘critical events’ or prescribing future strategies for anticipating inherently 'unpredictable' future crises of global financial systems. |
BRINT Institutetm has its current focus on advancing worldwide risk management practices for global financial systems and capital markets. By 2005, our research focus on systemic failures and extreme events, recognized subsequently for its impact on actual practice by the AACSB International in 2008, had advanced to make us ponder about a possible forthcoming systemic failure of the global finance systems. The rest is history. For instance, in the same interview with the UK management press mentioned above, our founder had made the following observations:
"Interestingly, a review of best-selling literature on successful practices in one of the most technical, numbers driven, globally popular area of financial markets provides some perspective about managing information in most unpredictable, radically changing environments that defy prediction, pre-determination and control. Despite the recognized importance of fundamental, technical, structural, and human aspects of such practices, it is well recognized that in the final analysis human elements often determine the sustained success or failure in such environments. Interestingly, such environments that defy prediction and control are also characterized by a virtual absence of rules as most rules are defined, applied and used through subjective interpretations by specific players in the game." "On one hand, human aspects characterize the hallmark of the necessary focus and discipline required for sustained success in such highly information-intensive environments often characterized by unpredictable, radical and discontinuous changes. However, on the other hand, the same human aspects of hope and fear - regardless of prior history of experience and expertise - result in elimination of more than 90 percent of players within less than a year. Also, most successful practitioners in such high velocity and hyper-turbulent information-intensive environments recognize the insurmountable challenges posed by command and control stereotypes that characterize less information intensive jobs and professions of the industrial economy."
Radical Discontinuous Change, Extreme Events, and, Black Swans
BRINT Institute is the champion of business and technology
management practices relevant to the brave new world of business, also
described as a world of radical discontinuous change events now popularly known as 'black swans'. In hindsight, BRINT Institute’s vision at the time of its founding about today's world unfolding more than a decade later seems to have been prophetic as apparent from its original welcome statement:
"BRINT Institute is the champion of business and
technology management practices relevant to the brave new world of
business, also described as a world of radical discontinuous change.
This world full of continuous surprises of unforeseen dimensions and change of uncharted scale is characterized by evolving models of work,
workplaces, business enterprises, institutions, and other formal and
informal organizations. This is the world in which the success formulas
and best practices of yesterday could become failure traps of tomorrow and
enterprises that were Goliaths of yesterday may become dinosaurs of
tomorrow. Until this point, you may have read about this new world in
some of the popular books on business transformation, change
management, knowledge management and e-business. Welcome to the marketspace where this world is being charted, understood, defined and practiced... welcome to the new world of business!!"
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Earlier, BRINT Institute served as the world's epicenter from which two other new technology management disciplines were adopted across all countries of the world over the past decade. Having made recognized fundamental and applied contributions to the advancement of global managerial practices on the first three generations of systemic risk management relevant to Business Technology Management, e-Business, and, Knowledge Management, the current focus of our research and practice is on Financial Risk Management.
After the turn of the last century,
this digital social enterprise has been probably most recognized for developing and disseminating worldwide its basic and applied understanding of Knowledge Management as a discipline of detecting and pre-empting risks of systemic failures for increasingly unpredictable and complex business environments. BRINT (short for Business Research in Information and Technology)
was originally conceived to bridge the gaps between business and
technology, data and knowledge, and, theory and practice, "an ambitious undertaking", as reported by a Fortune cover story on the knowledge economy in 1998. For more than a decade, BRINT
has serviced the learning, networking, and professional growth needs of
millions of users on average in any given month. Instead of remaining stuck in the
obsolescent paradigm of 'IT' "for managing 'data' and 'information'", it represented a significant departure in 1990s from the textbook focus of most Management Information Systems and Information Science disciplines by
its choice to focus on managing what [we believe] really matters: change, uncertainty, and complexity. Our focus is consistent with what founding philosophers of the Information Systems discipline such as West Churchman and Russell Ackoff intended to be its core mission and focus as evident from their seminal research on the discipline and design of ‘Inquiring Systems.’
Retrospective: Beyond Systemic Failures From
Uncertainty and Complexity
In early 1990s, this venture laid the foundation of the Business Technology Management discipline through the launch of the BRINT "The BizTech Network"
content portals followed soon by a virtual global community of practice
spanning all countries of the world. Through those technology ventures, we pioneered the development of focused understanding about new information technologies in the context
of business management and business performance for increasingly
complex and uncertain environments.
To
advance beyond the persistent 70%-80% failure rate of computational systems despite increasing sophistication of IT,
in mid 1990s, we developed the foundational basis of Knowledge Management as a discipline of systemic risk management for business environments characterized by radical discontinuous change events. (In the aftermath of the global financial crisis of 2008, such highly improbable events have been popularized as 'black swans.') This functional paradigm is most widely published and referenced in basic and applied literature on Knowledge Management given its focus on holistic (based on 'systems thinking') and dynamic (based on 'system dynamics') understanding about the people-process-technology
relationships for systemic performance. It squarely addresses the integration of people and process
aspects that are critical for realizing the success of computational
technologies in a radically changing world. The foundation of the systemic risk management focus on knowledge management
was further reinforced through our creation of the world’s first
content and community portals on Knowledge Management.
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BRINT Network Web
portals are the home of award-winning content, community, research, and
practices reviewed and recommended in the columns of Wall Street Journal, Business Week, Fortune, Forbes, Fast Company, Chief Executive, CIO Magazine, CIO Insight, Computerworld, Information Week, KM World, New York Times, Los Angeles Times, Seattle Times, and thousands of other worldwide publications. Our content and community resources serve as a highly focused reference
and are visible on the web sites and intranets of worldwide
corporations, organizations, institutions, associations, publishers,
libraries, and, publications. References to our leading-edge research
are found across all areas of business, technology, and management
practices in every realm of social and economic activity across all
countries of the world. In any given month, our ventures service the
learning, developmental, and networking needs of a few million business
technology management professionals. Among our
users are world's respected corporations and consulting firms;
prestigious business, management, and technology institutions; top-tier
publishers of business, management, and technology literature; high
profile world development agencies; and, world governments and national
defense services of most progressive nations of the world. The global impact of the thought leadership of BRINT Institute is self-evident in the policies, strategies, and practices of world governments and worldwide organizations across most countries of the world.
How the Global RISK Management Network™ Can Help You:
 Quick Menu of Our Global 'Social Enterprise' Services
Join the Global Digital Network of Worldwide Members
Giving to the BRINT Institute: How You Can Contribute
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As Seen in Worldwide Media Reviews:
And in other worldwide media sources... |
