Four tips to handle any crisis, financial or otherwise

Fidelity International

Fidelity International

On the face of it, there’s not a lot to link the management of an investment portfolio with averting the collapse of a key bridge in Sierra Leone. That’s what I thought as I sat down to listen to former British Army engineer Nick Francis speaking at our in-house TED Talk. I was wrong. Francis’s talk was about how to respond effectively to a crisis – clearly, a useful skill when you are tasked with building emergency Ebola treatment centres in Africa and the only bridge over a 250-metre-wide river is about to crash into the water below. What struck me, however, was how relevant his four-point crisis plan is to managing money. The first step is to consider how his mental biases might be getting in the way of good decision making. Step two is an objective assessment of the situation at hand. Read the full article for steps three & four: (VIEW LINK)


1 topic

Fidelity International
Fidelity International

Fidelity International provides world class investment solutions and retirement expertise to institutions, individuals and their advisers - to help our clients build better futures for themselves and generations to come.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment