The book Fast Food Nation was one of my favourites when I read it years ago specifically the chapter about the risks of E. coli and the meat packing industry. One of the most memorable quotes I know came from this book: “There is shit in the meat”. Well I guess now we can say [...]
Archive for the ‘Books’ Category
Rant about mobile phones and E. coli
Posted in Books, Humour, My Opinions, Risk management, tagged Android, BlackBerry, E. coli, Fast Food Nation, hand washing, iPhone, shit on October 19, 2011 | Leave a Comment »
Risk management oldies but goodies
Posted in Books, ERM Basics, Frameworks, Humour, My Opinions, Office and culture, Risk management, tagged assess, Buffet, CEO, CRO, derivatives, enterprise risk, ERM, Grover, HR, Riskczar, technology, The Monster at the End of This Book, wireless on October 12, 2011 | Leave a Comment »
The good folks at Riskviews got me thinking about my least read posts. I’ve been doing this for a few years and understand that no one wants to scroll through over 300 blog entries to find some gems from 2006. So here are a few items you may have missed that might be worth your [...]
Oswald Grübel’s moment of wrongness
Posted in Books, Risk management, tagged Kathryn Schulz, Kweku Adoboli, Maureen Miskovic, Oswald Grübel, Oswald Gruebel, wrong, wrongness on September 23, 2011 | 3 Comments »
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 Grübel went on record saying “Risk is our business. I can assure you, as long as I’m [...]
Voldemort vs Taleb Deathmatch
Posted in Books, Humour, My Opinions, Risk management, tagged Black Swan, death, risk management, Taleb, Voldermort on July 15, 2011 | 3 Comments »
With all the hype surrounding the final Harry Potter movie, I thought I would compare Voldemort to Nassim Taleb, financial guru and author of the book “The Black Swan”, to see who is greater. (Plus I thought it might be funny.) (Removed a really good photo of Voldemort and Taleb) Place of Birth Taleb: Amioun, Lebanon (winner) Voldemort: [...]
Lord Voldemort: Risk Manager of the Year
Posted in Books, ERM Basics, Humour, tagged death, ERM, Harry Potter, Horcrux, mitigate, Neville Longbottom, reputation risk, risk, risk management, risk treatment, Voldermort on July 14, 2011 | 2 Comments »
Lord Voldermort 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. When the young Voldemort (a.k.a Tom Riddle) learns that he was born [...]
Stairs risk management
Posted in Books, Risk management, tagged At Home, Bryson, risk management, stairs on July 6, 2011 | Leave a Comment »
Some interesting info on stairs to share wtih you. According to the book At Home by Bill Bryson, the second most common cause of accidental death is stairs. While stair deaths are well back of automobiles, they are far ahead of “drownings, burns, and other similarly grim misfortunes.” The author notes that so much is spent on [...]
When treating a risk creates another risk and so on and so on
Posted in Books, ERM Basics, Humour, Lean Six Sigma, My Opinions, Risk management, tagged audit, Bryson, impact, likelihood, Luftwaffe, mitigate, risk management, risk treatment, spreadsheet risk on June 21, 2011 | 3 Comments »
Sometimes in an effort to treat an issue, we generate a different risk or increase an existing one in the process. Many of us can relate to when the internal auditors come in, look at existing processes and weak controls and “strongly suggest” that management fix the problem. Quickly. Management’s solution is often a series [...]
Review of Keith Baxter’s book Fast Track to Success: Risk Management
Posted in Books, ERM Basics, Frameworks, League of Extraordinary Risk Gentlemen, Risk management, tagged Dragon Tattoo, ERM, Harry Potter, Keith Baxter, risk management, Seven Habits, Stephen Covey on June 13, 2011 | 1 Comment »
When Keith Baxter published his book Fast Track to Success: Risk Management, I tweeted to him I would read it during the Christmas break last year then review it. At that time I was about halfway through 4100 pages of Harry Potter novels and had a hard time putting down that series to read a [...]
When I say evacuate, I mean evacuate NOW
Posted in Books, My Opinions, Office and culture, Risk management, tagged 2001, 9/11, Amanda Ripley, BCM, BCP, Disaster, DRP, Martin F. Sherman, Rae Zimmerman, risk management, September 11, The Unthinkable, World Trade Center, WTC on June 3, 2011 | 3 Comments »
In today’s post, I write about the December 2010 article “To Leave an Area After Disaster: How Evacuees from the WTC Buildings Left the WTC Area Following the Attacks” by Rae Zimmerman and Martin F. Sherman. It compliments my earlier post about Amanda Ripley’s (2008) book, The Unthinkable. For those of you who work in [...]
Nurse risk management
Posted in Books, My Opinions, tagged chemo, credit risk, hospital, ISO 31000, market risk, nurses, risk management on May 24, 2011 | 1 Comment »
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 that nurses perform everyday, we are nothing but a bunch of well paid prima donnas. [...]
