I think I know what your readership would choose. We gather like minded around us. Berry bad things happen with a lack of regulation, as we have seen time and time again.
I totally agree. I have a control/compliance focus in my work so I'm always going to fall more on the side of regulation. I recognise it can go too far but am also wary of moves to "reduce red tape" as there are usually good reasons for rules and processes. However I agree some processes can become outdated and as other benefits increase our risk tolerance goes up so changing things is sometimes justified. But there's no sweet spot!
That all sounds very familiar.
ReplyDeleteAnd around and around it goes....
DeleteI think I know what your readership would choose. We gather like minded around us. Berry bad things happen with a lack of regulation, as we have seen time and time again.
ReplyDeleteI totally agree. I have a control/compliance focus in my work so I'm always going to fall more on the side of regulation. I recognise it can go too far but am also wary of moves to "reduce red tape" as there are usually good reasons for rules and processes. However I agree some processes can become outdated and as other benefits increase our risk tolerance goes up so changing things is sometimes justified.
DeleteBut there's no sweet spot!