The Chinese financial news site, Netease, interviewed Gray Rhino & Company CEO Michele Wucker about the implications of US Federal Reserve policies. Here’s the interview in English: There was a view that Fed’s interest rate hike process will be reversed in December. But, finally, a tough rate hike was adopted. What is the reason? The Fed followed through with its rate hike as part of its long-term goal of trying to normalize monetary policy. Many market observers, and the Fed itself, have long worried about unintended consequences of the very loose monetary policy of the past decade. It cited a…
Author: The Gray Rhino
Gray Rhino & Company CEO Michele Wucker has launched a new weekly series on LinkedIn called “Around My Mind.” Here’s how she describes it: “Around my mind is a regular walk through the ideas, events, people, and places that kick my synapses into action, sparking sometimes surprising or counter-intuitive connections. I’ll show how the topics I ponder connect in sometimes surprising ways. Many of my musings will relate to gray rhinos –the obvious yet neglected risks we face but often ignore not just despite but because they are so obvious. I’ll also spend a lot of time considering markets and…
The Chinese financial website Netease recently interviewed Gray Rhino & Company CEO Michele Wucker about the return of market volatility. You can read the article in Chinese, published October 24, 2018, HERE. The English version follows below Netease: Why have US stocks plunged? What are the reasons? Michele Wucker: The short answer is that markets have been on a “sugar high” from quantitative easing, and sugar highs inevitably end with a crash. Because the stock market is unstable, it is extremely vulnerable to shocks. There are any number of specific reasons –Turkey, Argentina, trade tensions, geopolitical uncertainty, rising interest rates, you…
Gray Rhino & Company CEO Michele Wucker gave a video keynote February 2, 2018, kicking off a special EBS Korea broadcast on the future of education in Korea. Click on the video below and forward to 12:19 to watch. The transcript is below. Annyeong Haseyo! I am Michele Wucker, the author of THE GRAY RHINO. It is an honor to speak with you today on the future of society and education in Korea. On my first trip to Korea in 2011, people told me about how the entire nation got involved in supporting students taking the Suneung College Scholastic Ability…
Gray Rhino & Company Founder and CEO Michele Wucker spoke at the World Knowledge Forum in Seoul in October 2017 on “Facing a Gray Rhino: Strategies to Manage 4IR” 회색코뿔소가 온다. Quite appropriately, it was the first time she was ever introduced by a robot! Watch the video below.
Pointing to the existence of a gray rhino -a highly probable, high impact danger that nevertheless is being neglected, downplayed, or outright ignored- is a way to create a sense of urgency toward addressing it before panic sets in. Senior Chinese officials have used the term extensively for exactly this purpose for issues from financial risk to US tax policy to urban fire safety, earning it a spot on the “Top Ten New Terms of the 2017 Chinese Media” list compiled by China’s National Center for Language Resource Monitoring and Research in December 2017. China’s President Xi Jinping keeps a copy of…
THE GRAY RHINO author Michele Wucker talks with the FT’s Matt Klein about why we don’t always deal with problems we see in advance – and how to fix it- on the January 18, 2018 edition of FT Alphachat.
Michele Wucker and the Gray Rhino in the media 2017 highlights
Tracey Fitzpatrick of SarderTV interviewed Gray Rhino & Company CEO & Founder Michele Wucker about the gray rhino concept. Listen and watch HERE for insights into questions like: Do leaders tend to fall into a herd mentality to predict outcomes? How can leaders nurture a culture that is open to recognizing warning signals? How can leaders avoid getting caught up in the ‘muddling’ stage? How does timing play a role in removing obstacles? How do organizations keep from getting to panic mode? What are the ways leaders can free their resources to create opportunities? and more…
For your listening pleasure… Here are a few recent recordings of Michele Wucker talking about gray rhinos with some of the smartest radio and podcast hosts out there: WGN Radio Business Lunch with Amy Guth July 22, 2017 Author of The Gray Rhino, Michele Wucker, comes to the studio to discuss her book and the role it played in crashing the Chinese stock market. Click to LISTEN When the Gray Rhino Hits Asia July 14, 2017 Carnegie Council Asia Dialogues podcast with Devin Stewart. A wide ranging conversation about the psychological components of the gray rhino, clear and present dangers in Asia,…