For those of us who wake up every morning, put on our suits and ties and head off to our risk management jobs only to spend the day thinking about fat tails, ISO3 1000 or business continuity, compared to the risk management…
Monthly Archives: May 2011
The Unthinkable by Amanda Ripley
I’ve just updated the Risk Quotes page with a few lines from Amanda Ripley’s book The Unthinkable. It’s an excellent read for anyone responsible for business continuity planning, risk management or even if your are just the fire warden on…
Bloomberg: Canada has strongest banks in the world
Bloomberg recently ranked the World’s Strongest Banks in the June 2011 edition of Bloomberg Markets magazine. (See the link to learn how they crunched their numbers.) I am proud to report that 5 of the 20 banks are Canadian. The…
Which risk tolerance vs that risk appetite
Like many of you, I received a request from The Institute of Risk Management to comment on a consultation paper they prepared called “Risk Appetite and Risk Tolerance”. Great title. It’s not my intention to opine on the paper here.…
Starbucks risk management
In the interest of full disclosure, I love Starbucks. I admit that I was a Tim Hortons slave for the last decade but nothing gets me going every morning like my grande bold. (Incidentally, I’d like to thank the barista…
Football, hockey and enterprise risk management
Riskviews writes a great post called Football is about more than just Shoes. He writes that the “equipment never wins the game” but a “team without proper equipment has only a slim chance of prevailing.” Riskviews also reiterates a point…