Financial consultants, financial analysts or advisors have a great chance to write a new myth in the disciplines of financial projections, modeling or engineering. But what about the period from 1996 to 2006 whereby they had all the brisk chances to present the risk managed business world or economies that anyways conclude over the maturity of risks and we have reached the world in crises.

I have written a lot over the causes of financial crises and you must be well aware of the facts and analysis that has been a part of newspapers, TV shows and research journals. I have even termed it as a functional cum financial crisis in 2009 other than a popular term i.e. merely financial crisis or crises.

With all the myths of what has been wrong there is another angle. This is the angle that is actually based on the ignorance of consultants, analysts, financial managers and strategy executives of the companies. I state it as “Fundamental Crisis of synchronized management of different scenarios that actually shape the totality”.

There are two types of human beings exists in the world. The first one is a person whose pains demolish the zeal of doing great acts and the other whose pains promotes the passion of crafting extraordinary deeds with all his loyalty to his preset cause of life.

I don’t think that there is any significance to talk about the first person except he has to do what the other do as “life”.

There are some attributes that distinct a real man from an unreal and the most important out of those is strategically no deviation from the stands of reality even how hard the life hits in the way.

Over each failure that looks destroying everything we have a chance to muster for planning a bigger success by taking our mistakes and others faults as learning.

It is not so difficult to sense that how difficult today’s world of business is. It is equally a market that provides a lot of opportunities whereby the distressed but valuable assets or businesses or opportunities are on offer at lowest possible rates.

The more I have been spending time to understand the problems related to business and financial aspects of my clients the more I understand that inside risks are more vital to focus than outside risks. I am not saying that outside risks are irrelevant but actually the maturity of outside risks is highly correlated with inside risks.

Over practical sense I categorize these risks in two broad categories:

1-    Thinking or Perception Risk

2-    Management Risk