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Manage Risk Like a Royal Marine

Harvard Business Review

In the dark of night, Corporal Mike Stevenson leads his section of seven heavily-armed Royal Marines across the deck of HMS Ark Royal toward the waiting Sea King helicopter. To understand human behavior around risk, and to learn how to manage it better, it's important to recognize that one man's fear is another man's opportunity.

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article thumbnail

Manage Risk Like a Royal Marine

Harvard Business Review

In the dark of night, Corporal Mike Stevenson leads his section of seven heavily-armed Royal Marines across the deck of HMS Ark Royal toward the waiting Sea King helicopter. To understand human behavior around risk, and to learn how to manage it better, it's important to recognize that one man's fear is another man's opportunity.

Arkes 12
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When Talent Started Driving Economic Growth

Harvard Business Review

In 1976, the famous LBO firm KKR was formed and starting charging its clients 2% of assets under management and 20% of the upside they created for their clients, opening the door to massive wealth accumulation for high-flying fund management talent.

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