The most basic problem is that performance appraisals often don't accurately assess performance. — 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
Management by results - like driving a car by looking in rear view mirror. — W. Edwards Deming Copy Share Image
“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
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs. — Michael Porter Copy Share Image
There are three ways to get better figures... Improve the system... Distort the system... Distort the figures — Brian L. Joiner 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 aim proposed here for any organization is for everybody to gain - stockholders, employees, suppliers, customers, community, the environment - over… — W. Edwards Deming Copy Share Image
Management is a curious phenomenon. It is generously paid, enormously influential, and significantly devoid of common sense — Henry Mintzberg Copy Share Image
Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you… — Bruce Kovner Copy Share Image
Keeping the risk management plan up to date can transform it from a door stop into a vital project management tool. Remember:… — Bruce Pittman 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
You cannot allow any of your people to avoid the brutal facts. If they start living in a dream world, it's going… — James Mattis Copy Share Image
Security incidents have gone up 5-10 times during the pandemic, so there is an increased need for security operations risk management, identity… — Ashok Soota 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
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
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
“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
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
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
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
Very few things are as dangerous as a bunch of incentive-driven individuals trying to play it safe. — Alfie Kohn Copy Share Image
“Accidents are no longer accidents at all. They are failures of risk management.” — Sidney Dekker Copy Share Image
By definition, risk-takers often fail. So do morons. In practice it's difficult to sort them out. — Scott Adams Copy Share Image
This awful catastrophe is not the end but the beginning. History does not end so. It is the way its chapters open. — Saint Augustine Copy Share Image
Risk models only have value if they are used effectively in combination with a limit management and control process. — Jawwad farid Copy Share Image
Standards should not be forced down from above but rather set by the production workers themselves. — Taiichi Ohno Copy Share Image
There is no doubt that Formula 1 has the best risk management of any sport and any industry in the world. — Jackie Stewart Copy Share Image
If I had better foresight, maybe I could have improved things a little bit. But frankly, if I had perfect foresight, I… — Richard F. Syron Copy Share Image
The common objection to seniority pay is, "It's rewarding dead wood!" My response is, "Why do you hire dead wood? Or why… — Peter R. Scholtes 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
As population susceptibilities are better understood, we will be in a better position than we are in today to make informed decisions… — Samuel Wilson Copy Share Image
The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas… — Peter L. Bernstein 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
In financial services, if you want to be the best in the industry, you first have to be the best in risk… — John G. Stumpf Copy Share Image
Quality, productivity, and innovation can be significantly increased if companies provide all employees with practical tools for exploiting potential information — William Hunter Copy Share Image
