http://www.fastcompany.com/member_recent_content/149164 Member recent activity block for member profile page en http://www.fastcompany.com/comment/comment-node-ant-4461 <p>The problem, to my mind, is not so much risk management technology as agency cost. As Fred writes, “Create a single measure of anything, and clever people will find ways to work it.” I would go a step further and modify this statement to “People will always find a way to game any measure devised.” This line of thinking is based on Michael Jensen’s “Rational, Evaluative and Maximizing” model, in which people (managers) are inherently selfish and will always find a way to maximize their “managerial surplus”.</p> <p><a href="http://www.fastcompany.com/comment/comment-node-ant-4461">read more</a></p> Mon, 16 Feb 2009 08:37:37 -0500 CNV Krishnan 1169521 at http://www.fastcompany.com