“We have no idea, now, of who or what the inhabitants of our future might be. In that sense, we have no… — William Gibson Copy Share Image
I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in… — Niall Ferguson Copy Share Image
Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. In addition, the firm's risk… — Jerome Powell Copy Share Image
If you don't invest in risk management, it doesn't matter what business you're in, it's a risky business. — Gary Cohn Copy Share Image
There are those who are so scrupulously afraid of doing wrong that they seldom venture to do anything. — Luc de Clapiers Copy Share Image
Thoughtfully assessing and addressing enterprise risk and placing a high value on corporate transparency can protect the one thing we cannot afford… — Dale E. Jones Copy Share Image
The essence of investment management is the management of risks, not the management of returns. — Benjamin Graham Copy Share Image
My first move as the manager of the machine shop was to introduce standardized work. — Taiichi Ohno Copy Share Image
The question of whether or to what extent human activities are causing global warming is not a matter of ideology, let alone… — Malcolm Turnbull Copy Share Image
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… — W. Edwards Deming Copy Share Image
Most of the time, your risk management works. With a systemic event such as the recent shocks following the collapse of Lehman… — Myron Scholes Copy Share Image
“To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.” — Robert E. Davis Copy Share Image
Lead yourself, lead your superiors, lead your peers, and free your people to do the same. All else is trivia. — Dee Hock Copy Share Image
I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of… — Blythe Masters Copy Share Image
The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes… — Charles Tremper Copy Share Image
When you read that UBS did not even view parts of its mortgage portfolio as having market risk, it becomes very obvious… — Kenneth C. Griffin Copy Share Image
Cease dependence on inspection to achieve quality. Eliminate the need for inspection on a mass basis by building quality into the product… — W. Edwards Deming Copy Share Image
A problem never exists in isolation; it is surrounded by other problems in space and time. The more of the context of… — Russell L. Ackoff Copy Share Image
Managing risk is very different from managing strategy. Risk management focuses on the negative-threats and failures rather than opportunities and successes. — Robert S. Kaplan Copy Share Image
“The first step is to measure whatever can be easily measured. This is OK as far as it goes. The second step… — Anonymous Copy Share Image
Boundaries and risk management are very important parts of living a healthy and positive life. — Anonymous Copy Share Image
“The whole intellectual edifice collapsed in the summer of last year because the data inputted into the risk management models generally covered… — E.F. Schumacher Copy Share Image
