Friday, July 16, 2010

One thought leads to another

I was thinking maybe I would switch careers. I was thinking of opening up a business that drills in deep water for oil might be a good business venture? Thoughts?

I was also thinking about the risk of such a venture. How do you assess risk — number of tolerable failures, severity of a failure, length of a failure, etc. Maybe all of the above. I was also thinking about how the experts in the industry could be helpful to minimize risk on my new venture. And that got me thinking about the Deep Water Horizon failure. And that got me thinking about the email from Halliburton to BP recommending 21 equalizers instead of the 6 that BP used to stabilize the drilling platform, the platform that failed and killed 11 people and caused the greatest environmental disaster the world has ever known. And that got me thinking about records. And that got me thinking that a record is evidence of business activities. And that got me thinking how important one email will be in a liability trial to see who is to blame for the failure. And that got me thinking about a client I talked to recently who wants to get rid of all email WITHOUT regard to its content after 30 days. And that got me thinking about Halliburton’s ability to defend itself without that email, and that got me scared. So, I decided I would just run my lil consulting business and not change careers.

Are you kidding me.

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