She-VC interviews policy expert Michele Wucker - Is COVID19 a Black Swan or Gray Rhino?
Michele Wucker coined the term "gray rhino" to draw attention to the obvious risks that are neglected despite – indeed, often because of- their size and likelihood. The metaphor has moved markets, shaped financial policies, and made headlines around the world. Michele’s recent TED Talk has attracted more than two million views. She is the author of three books, most recently the international bestseller, THE GRAY RHINO: How to Recognize and Act on the Obvious Dangers We Ignore, which China’s leadership has used to frame and communicate its crackdown on financial risk. Drawing on three decades of experience in financial media and think tank management, turnarounds, and policy influence, Michele is founder of the Chicago-based strategy firm Gray Rhino & Company. She speaks regularly to high-level global audiences on risk management, macro strategy, and decision-making, and is quoted often in leading global media. She has been recognized as a Young Global Leader of the World Economic Forum and a Guggenheim Fellow, among other honors. Visit her website at www.thegrayrhino.com; follow her on twitter @wucker.
Know more about Gray Rhino here: https://www.amazon.com/Gray-Rhino-Rec...
QUESTIONS:
1. Is Coronavirus pandemic a Black Swan or gray rhino? What is gray rhino or
meta gray rhino?
2. In this crisis we realized that most of our current policy leaders are clueless.
What should they do in terms of risk perception in the next few months?
3. Currently there are lot of discussions about economic stimulus both to
businesses and individual families. How do you think we should distribute
money into the very grassroot level of the economy, which are the small
businesses and startups? What kind of mechanism should be applied by the
policy leaders?
4. You are one of the strongest voices when it comes to women economic
policy. Why did you think female founders get 2.79% of VC money? What
are the systematic biases and prejudices that plays in effect in the venture
capital?
5. Intellectual diversity as well as gender diversity is very important when it
comes to board representation. How can we see more women in those
roles?
6. Coming back to our current crisis, whether we go back to the last great
depression we do not know, but world will not be the same after this.
Values will change, policies will change. What should we do in terms of
policies and choices as a society, government, businesses looking forward?