I have not worked in the business world for more than 20 years, but surely that reason alone does not make me less qualified to talk to anyone about Risk Management. Why? I have been practicing Feng Shui since Anthony and I were living in our 3-room flat in Clementi Avenue 5 many donkey years ago. I excelled in this practice so much so that we now live in a Housing and Development Board (HDB) mansionette, and we even have a 2-bedroom condominium that we use as a holiday home. I also won first prize in a Feng Shui competition, pitting my skills alongside international contestants. I'm awed! No other validation is necessary to show that good Feng Shui rocks. How else can someone so ordinary like me excel over others more accomplished in the business world? I am only a HDB housewife! What is Feng Shui, and how does one practice it? There is a structured way. Unless you have tuned into your clairvoyant levels, most people do not have the psychic ability to rely on our instincts to know whether a space brings good luck or not.
We need to rely on some methodology.
Feng Shui application is very similar to Victory's "Your 10-Step Risk Checklist"TM****, which I will ask one of my trainers to share with you. What the latter is is a structured step-by-step manner for you to look at you and your organisation's risk exposure, and how to bring it down to an acceptable level. I apologise but Keng Hwee had promised the appended graphics to an institution of higher learning, so I can only show you a faint glimpse of it here:
There is not much difference between "Your 10-Step Feng Shui Checklist"TM compared to Victory's "Your 10-Step Risk Checklist"TM****. In both methodologies, we want to maximise good luck (good energy/organisational success, and we want to minimise bad luck (bad energy/unforeseen surprises). Feng Shui Masters claim that they can bring good luck into fruition and/or maximise what is already good. As for managing bad luck, no Feng Shui Master will claim that he/she can completely annihilate all bad luck (risks). Neither the Feng Shui Management framework nor the Risk Management framework can bring risk exposure down to zero. ****
Another similarity about these 2 practices is that we need to channel limited resources to what we want to achieve. For example, in Feng Shui practice, we want to focus on getting what we want, but we are often limited by time or money or support. Similarly, in an organisation, Management needs to focus on shareholders' returns but they need to consider employee well-being and the sustainable operating strategy of the organisation.
#appliedriskmanagement #makefengshuiwork #successwithvictory
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