“Where's the fun in playing with knives if you can't draw a little blood?” — Donald Gorman Copy Share Image
Boundaries and risk management are very important parts of living a healthy and positive life. — Anonymous Copy Share Image
Maybe we should teach schoolchildren probability theory and investment risk management. — Andrew Lo 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
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
A manager's task is to make the strengths of people effective and their weakness irrelevant - and that applies fully as much… — Peter Drucker Copy Share Image
The public totally discounts low-probability high-consequence events. The individual says, it's not going to be this plane, this bus, this time. — Amanda Ripley Copy Share Image
Then it becomes necessary to get the field organisation to accept the help provided. This is normally the role of the Change… — Douglas McGregor Copy Share Image
The benefits provided by worker participation are twofold. Quality is improved because of the finding and fixing of a very large number… — George E. P. Box 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
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
Management must provide employees with tools that will enable them to do their jobs better, and with encouragement to use these tools.… — George E. P. Box Copy Share Image
You want a valve that doesn't leak and you try everything possible to develop one. But the real world provides you with… — Arthur Rudolph 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
Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their… — Ben Bernanke Copy Share Image
Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular… — Alan Greenspan Copy Share Image
Managers have traditionally developed the skills in finance, planning, marketing and production techniques. Too often the relations with their people have been… — William Redington Hewlett 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
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
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
“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
“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
“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
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
“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
“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