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
My first move as the manager of the machine shop was to introduce standardized work. — Taiichi Ohno Copy Share Image
The essence of investment management is the management of risks, not the management of returns. — Benjamin Graham Copy Share Image
The kinds of errors that cause plane crashes are invariably errors of teamwork and communication. — Malcolm Gladwell Copy Share Image
Two resources, largely untapped in American organizations, are potential information and employee creativity — William Hunter Copy Share Image
If you spend more than 13 minutes analyzing economic and market forecasts, you've wasted 10 minutes — Peter Lynch Copy Share Image
High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power… — Franco Modigliani Copy Share Image
Every noble acquisition is attended with its risks; he who fears to encounter the one must not expect to obtain the other. — Pietro Metastasio Copy Share Image
You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of… — Adena Friedman 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
Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day… — Timothy Noah 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
PDCA is the essence of managerial work: making sure the job gets done today and developing better ways to do it tomorrow. — Brian L. Joiner Copy Share Image
Successful problem solving requires finding the right solution to the right problem. We fail more often because we solve the wrong problem… — Russell L. Ackoff Copy Share Image
“A study of project and risk management in software projects in the public sector found that an informal partnership between the project’s… — Anonymous Copy Share Image
We gauge risk literally hundreds of times per day, usually well and often subconsciously. We start assessing risk before the disaster even… — Amanda Ripley Copy Share Image
As I write in 2012 we certainly do not believe that it is over yet, and the worst may be yet to… — Robert J. Shiller Copy Share Image
Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide… — Mervyn King Copy Share Image
Risk management systems and controls may discourage or limit certain revenue-generating opportunities. Failure to ensure the independence of these functions from the… — Jerome Powell Copy Share Image
I agree with a lot of the points in Taleb's book, but I don't agree with many of his conclusions. It seems… — Robert F. Engle Copy Share Image
What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S.… — Vikram Pandit Copy Share Image
Most corporate mission statements are worthless. They consist largely of pious platitudes such as: "We will hold ourselves to the highest standards… — Russell L. Ackoff Copy Share Image
Boundaries and risk management are very important parts of living a healthy and positive life. — Anonymous Copy Share Image
“Where's the fun in playing with knives if you can't draw a little blood?” — Donald Gorman Copy Share Image
Management by results - like driving a car by looking in rear view mirror. — W. Edwards Deming Copy Share Image
It is far better to do the right thing wrong than to do the wrong thing right. — Russell L. Ackoff Copy Share Image
The most basic problem is that performance appraisals often don't accurately assess performance. — W. Edwards Deming Copy Share Image
Maybe we should teach schoolchildren probability theory and investment risk management. — Andrew Lo Copy Share Image
No one can measure the loss of business that may arise from a defective item that goes out to a customer. — W. Edwards Deming Copy Share Image
I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness… — Jeffrey R. Immelt 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
“To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.” — Robert E. Davis Copy Share Image
“Time, Cost, and Scope do not run a project; the invisible chains of risk associated with them do. To manage the project,… — Nikhil Dhand Copy Share Image
The technical explanation is that the market-sensitive risk models used by thousands of market participants work on the assumption that each user… — Avinash Persaud Copy Share Image
“The risk management needs to lift up from risk control to risk intelligence which can identify the potential business growth opportunities.” — Pearl Zhu Copy Share Image
“You cannot manage risk, or for that matter, build a risk management capability without first understanding the “business value of risk management.” — Pearl Zhu Copy Share Image
Being a Navy SEAL and sniper taught me all about risk management. Take away all the risk variables under your control and… — Brandon Webb Copy Share Image
