Quality is made in the board room. A worker can deliver lower quality, but she cannot deliver quality better than the system… — W. Edwards Deming Copy Share Image
Outperforming the market with low volatility on a consistent basis is an impossibility. I outperformed the market for 30-odd years, but not… — George Soros Copy Share Image
We have no future because our present is too volatile. We have only risk management. The spinning of the given moment's scenarios.… — William Gibson Copy Share Image
It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just… — John G. Stumpf Copy Share Image
“Ethical governance fosters a culture of integrity and accountability within the organization. This can lead to improved employee engagement, reduced misconduct, and… — Hendrith Vanlon Smith Jr 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
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
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
“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
“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
The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its… — Daniele Nouy Copy Share Image
To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have… — Peter Drucker 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
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
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
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
One of the responsibilities faced by the Environmental Genome Project is to provide the science base upon which society can make better… — Samuel Wilson 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
At Berkshire, I both initiate and monitor every derivatives contract on our books ... If Berkshire ever gets in trouble, it will… — Warren Buffett 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
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 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
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 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 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
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
“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
“To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.” — Robert E. Davis 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
“You don't have to believe in coincidences because they happen every day. The trick is to be able to discern when something… — Glenn Jones Copy Share Image
“Never take both hands off the pump. As an entrepreneur, you need to be on constant lookout for opportunity, and that will… — Kenneth E. Behring Copy Share Image
For risk management reasons, we need to make sure we hit our inflation objective at the same time we're at full employment. — Charles L. Evans Copy Share Image
I should estimate that in my experience most troubles and most possibilities for improvement add up to the proportions something like this:… — W. Edwards Deming Copy Share Image
Risk management is a more realistic term than safety. It implies that hazards are ever-present, that they must be identified, analyzed, evaluated… — Jerome F. Lederer 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
“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
