We have a much smaller pool of risk capital in Canada,
our culture is risk averse, and we have fewer of the skills required to drive and manage growth.
Not exact matches
A major one
is that the
culture tends to
be more
risk -
averse, and venture capitalists
are wary to invest in new or creative business models.
«Innovation's a big part of our whole corporate
culture and part of what helps differentiate us,» says Carlson, pointing out that oil and gas companies can
be risk -
averse and sometimes late to exploit opportunities presented by technical advances.
The discussion explored how women
are challenged by pay inequity, the perception of
being too ambitious and by company policies and
culture that leave many women who
are mothers
averse to taking
risks.
They
are reflective of a wider
culture of fear and
risk aversion, of a political establishment increasingly concerned with the micromanagement of community life, a process which also affects professionals who increasingly work in a
risk -
averse manner.
Despite our increasingly
risk ‑
averse culture and the red tape and admin faced by the minority of schools that choose the DIY approach to school trip planning, there
is no evidence that the number of school trips
is decreasing.
With our testing and assessing models so much embedded in our education system's
culture, what
is a good way to start teaching teachers about more creative thinking and teaching students to
be more
risk averse?
Furthermore, a group of
risk -
averse, under confident, frustrated junior lawyers without a commercial skillset perpetuates the
risk culture that firms
are supposedly seeking to avoid.
It
is particularly difficult to start businesses in Canada due to the conservative (
risk -
averse) business
culture and lack of venture capital or traditional investment.
As discussed above, Israelis, and by extension Israeli lawyers,
are typically less
risk -
averse than other
cultures and
are straightforward, informal and aggressive.
It feels like an oxymoron that a profession usually so
averse to
risk will
be the riskiest with the thing that
is the most important: firm
culture.