You live in a grim universe.” “That’s risk management for…

My first move as the manager of the machine shop was to introduce standardized work.

— Taiichi Ohno

Changes made by management today make no improvement.

— Peter R. Scholtes

The essence of investment management is the management of risks, not the management of returns.

— Benjamin Graham

Thoughtfully assessing and addressing enterprise risk and placing a high value on corporate transparency can protect the one thing we cannot afford to lose:…

— Dale E. Jones

There are those who are so scrupulously afraid of doing wrong that they seldom venture to do anything.

— Luc de Clapiers

If you don't invest in risk management, it doesn't matter what business you're in, it's a risky business.

— Gary Cohn

Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk management capabilities…

— Jerome Powell

I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in interest in…

— Niall Ferguson

Lead yourself, lead your superiors, lead your peers, and free your people to do the same. All else is trivia.

— Dee Hock

“To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.”

— Robert E. Davis

Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously…

— Myron Scholes

Managers don't like giving appraisals, and employees don't like getting them. Perhaps they're not liked because both parties suspect what the evidence has proved…

— W. Edwards Deming

The question of whether or to what extent human activities are causing global warming is not a matter of ideology, let alone of belief.…

— Malcolm Turnbull

“We have no idea, now, of who or what the inhabitants of our future might be. In that sense, we have no future. Not…

— William Gibson

I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes.…

— Blythe Masters