“Regulatory compliance is critical to managing risk.” — Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth Copy Share Image
It's better to solve the right problem approximately than to solve the wrong problem exactly. — John Tukey Copy Share Image
Managers must have the discipline not to keep pulling up the flowers to see if their roots are healthy. — Robert Townsend Copy Share Image
A company will get nowhere if all of the thinking is left to management. — Akio Morita 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
What we learn from history is that people don't learn from history. — Warren Buffett Copy Share Image
“Not taking risks one doesn't understand is often the best form of risk management.” — Raghuram G. Rajan Copy Share Image
The key to risk management is never putting yourself in a position where you cannot live to fight another day. — Richard S. Fuld, Jr 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
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
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
The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it. — Peter Drucker Copy Share Image
A foreign policy aimed at the achievement of total security is the one thing I can think of that is entirely capable… — George F. Kennan 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
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
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
I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is… — Peter Drucker Copy Share Image
We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because… — Karen Mills Copy Share Image
We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to… — Janet Yellen Copy Share Image
The old-fashioned idea of a good manager is one who is supposed to know all the answers, can solve every problem himself,… — George E. P. Box Copy Share Image
Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical… — Ben Bernanke Copy Share Image
Possibly the biggest issue, however, is that performance appraisals focus managers attention on precisely the wrong thing: individual people. As W. Edwards… — Jeffrey Pfeffer Copy Share Image
Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a… — Robert F. Engle Copy Share Image
The four most dangerous words in finance are 'this time is different.' Thanks to this masterpiece by Carmen Reinhart at the University… — Martin Wolf Copy Share Image
“Central banks across the globe have been hesitant to recognize bitcoin as a form of money, and Tuesday’s vanishing act isn’t helping.… — Anonymous Copy Share Image
“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
“Of course,” he says, “we have no idea, now, of who or what the inhabitants of our future might be. In that… — William Gibson Copy Share Image
“Specialized policies to protect against online attacks are offered by about 50 carriers, including big names like the American International Group, Chubb… — Anonymous Copy Share Image
Given our inevitably incomplete knowledge about key structural aspects of an everchanging economy and the sometimes asymmetric costs or benefits of particular… — Alan Greenspan Copy Share Image
“As described in the literature and experienced in practice, governance is a multi-dimensional concept, encompassing elements of organizational stewardship, accountability, risk management,… — Anonymous Copy Share Image