Only trust can save us
7 Jun 2012
Paul Verdin, Professor of Strategy and Organisation at TiasNimbas Business School, writes in Belgian magazine Trends about the uncertainty in the economy. "Now, more than ever, we are faced with the certainty that nothing is certain. This makes financial models and especially their lack of relevance to the markets and the financial world abundantly clear”, says Professor Verdin.
A risk-free return does not really exist. Still, people are searching for security in the hope that it can be found with the Swiss Central Bank, the German government budget or the European Central Bank. Now that people see that those certainties are also just people and organisations of people, there is a lack of confidence in the future, in the model of society and a lack of willingness to take risks.
"Progress and growth are only possible by taking risks and by entrepreneurship, while in the current climate, no risk is small enough to regain trust. This can only be realised by those who see great opportunities in the current circumstances to invest in attractive projects at negative interest rates with the required vision and the confidence to build the future”, according to Professor Verdin.
Learn MoreRead Dutch-language article
. Paul Verdin, Professor of Strategy and Organisation Programme Finder
Follow all of our news and events on Twitter.com/TiasNimbas