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The Walking Dead and Risk Management

If there are two things you have noticed about this blog, I often write about zombies and the Moment of Risk Enlightenment. Today’s post combines both.(Note: This post contains spoilers about season two of the Walking Dead.)I was catching up on...
Posted March 20, 2012 with 433 views     

You Don’t Need to Mitigate Every Risk: Tire Edition

There’s a nail in the tire of my wife’s car. Rear driver side. Fat head pushed all the way in. It caught her eye on the weekend by accident while the car sat in the driveway. Tire pressure appears normal. Is this a risk? Since getting a flat tire...
Posted February 14, 2012 with 74 views     

The iPhone 4S of Enterprise Risk Management

Last year Apple released the iPhone 4S and critics pointed out it was pretty much the iPhone 4 with a big-s glued on. Although there were some minor improvements from the iPhone 4, overall it was pretty much the same phone. After reading the ERM...
Posted January 19, 2012 with 72 views     

Maslow, Ned Stark and the Common Good

Last week Ted Coine asked ‘what ever happened to the Common Good?’ At some point people stopped doing the right thing and started putting their individual selfish interests ahead of those of their organizations, countries or kingdoms: UBS, the...
Posted December 23, 2011 with 47 views     

Ned Stark. Hand of the King. Chief Risk Officer

Eddard (Ned) Stark, Lord of Winterfell, is a protagonist in the book A Game of Thrones by George R.R. Martin. He is principled and tells the truth and believes in honour and justice. Ned would make an excellent Chief Risk Officer.When King Robert...
Posted December 8, 2011 with 140 views     

Risk Management, Twitter and Sugarless Gum

I read two articles yesterday which suggested to me that 1-in-5 people in leadership positions are confused. A PwC survey revealed that only “21% of leaders understand the potential value of social media”. In another survey by Greenwich Associates...
Posted October 16, 2011 with 105 views     

Risk Manager of the Year: Lord Voldemort

Lord Voldemort would make an excellent risk manager because when he identifies a risk, he assesses it and treats it immediately. Here are a few of my reasons but I welcome additional examples of his risk management in the comment field below. 1....
Posted September 26, 2011 with 102 views     

Oswald Grübel’s Moment of Wrongness

I just had the pleasure of watching author Kathryn Schulz’s TED video about being wrong. As I watched I couldn’t help thinking about Oswald Grübel’s “moment of wrongness”: when he learned about UBS’s $2 billion trading loss. Last November Grü...
Posted September 25, 2011 with 110 views     
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