In the series A Song of Ice and Fire which begins with the book A Game of Thrones, by George RR Martin, we are introduced to the Wall and the Night’s Watch. The Wall is an immense fortification on the northern border of the Seven Kingdoms that defends the realm from “what lies North [...]
Archive for January, 2012
The Night’s Watch and the Wall of risk management
Posted in Books, leadership, My Opinions, Risk management, tagged A Game of Thrones, audit, CRO, Night's Watch, risk management, Wall, Westeros on January 20, 2012 | Leave a Comment »
How to Make a Peanut Butter Sandwich: Henry Blodget
Posted in Humour, PBJ Sandwich, tagged Henry Blodget, how to make a peanut butter sandwich on January 20, 2012 | Leave a Comment »
A website dedicated to the popular show Lost published a post a while back about how each of the characters on the show would make a peanut butter and jam sandwich. I have borrowed this idea to illustrate how some finance or risk management professionals might make their own sandwich. In my 4th instalment we look at [...]
How to Make a Peanut Butter Sandwich: Norman Marks
Posted in Humour, PBJ Sandwich, Uncategorized, tagged how to make a peanut butter sandwich, Norman Marks, Tim Leech on January 19, 2012 | 6 Comments »
In my third instalment of this increasingly less funny series, we look at how popular auditor and blogger Norman Marks might make a PBJ sandwich. How to Make a Peanut Butter Sandwich: Norman Marks Add jam and peanut butter to bread. Perform a self-assessment to determine if that was actually peanut butter, jam and bread. Check off [...]
The black swans and Field of Dreams
Posted in ERM Basics, Frameworks, Risk management, Sports, tagged baseball, Black Swan, Field of Dreams, hockey, PwC ERM, tail risk, Taleb on January 19, 2012 | Leave a Comment »
Yesterday I wrote about a white paper “Black Swans Turn Grey” from PwC. Here’s a footnote to that post. I had a good chuckle when I read about these “new black swan risks”. The authors suggest that all these unknown unknowns and unpredictable events are happening more frequently these days. This of course is [...]
How to Make a Peanut Butter Sandwich: Donald van Deventer
Posted in Humour, PBJ Sandwich, Risk management, tagged Don van Deventer, Hawaii, how to make a peanut butter sandwich, Japan on January 18, 2012 | 1 Comment »
A website dedicated to the popular show Lost published a post a while back about how each of the characters on the show would make a peanut butter and jam sandwich. I have borrowed this idea to illustrate how some finance or risk management professionals might make their own sandwich. In my first PBJ post, we looked [...]
The iPhone 4S of enterprise risk management
Posted in Frameworks, My Opinions, Risk management, Thought Leadership, tagged audit, Black Swan, change management, ERM, iPhone, leadership, PwC ERM, risk management, Taleb on January 18, 2012 | 1 Comment »
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 white paper “Black Swans Turn Grey” from PwC, it [...]
How to Make a Peanut Butter Sandwich: Nassim Taleb
Posted in Humour, PBJ Sandwich, tagged Black Swan, how to make a peanut butter sandwich, peanut butter, Taleb on January 17, 2012 | 1 Comment »
A website dedicated to the popular show Lost published a post a while back about how each of the characters on the show would make a peanut butter and jam sandwich. I have borrowed this idea to illustrate how some finance or risk management professionals might make their own sandwich. In my first PBJ post, [...]
Angry Birds risk management
Posted in Humour, My Opinions, Risk management, tagged Android, angry birds, prioritize, risk, risk management, risk treatment, Strategy, tactics on January 4, 2012 | Leave a Comment »
I’ve been playing quite a bit of Angry Birds ever since I got my Samsung Galaxy Tab for my birthday. I love this game. The objective of course is for birds (each with their unique strengths) to destroy the structures – where all the pigs who have stolen the birds’ eggs – are hiding. When [...]