Comments for Riskczar's Blog

Comment on Too much risk management by Trevor Levine

Trevor Levine — Wed, 30 Jan 2013 19:43:17 +0000

Thanks to Wayne for bringing this video to our attention. Some excellent examples of too much risk management and Adam Levine (no relation).
http://www.thedailybeast.com/videos/2013/01/27/yolo-an-snl-digital-short.html

Comment on Too much risk management by Wayne Socha

Wayne Socha — Tue, 29 Jan 2013 23:11:55 +0000

Too much risk management can be seen in the Saturday Night Live skit on the Internet titled YOLO.

Comment on Broken windows by Nancy Beckman

Nancy Beckman — Thu, 29 Nov 2012 19:16:36 +0000

“you would be foolish if you knew about all your cracked windows and didn’t prepare for what might happen when one breaks.”

Excellent point. No business is 100% perfect 100% of the time. Sooner or later something is gong to go awry. The question is do you notice the red flag in time and how do you respond to it. Do you tap, tap, tap until it breaks (and then you’ve got a real mess on your hands) or do you get proactive about it.

Comment on You don’t need to mitigate every risk: Tire edition by SimpleTire.com

SimpleTire.com — Wed, 21 Nov 2012 06:44:39 +0000

I would totally agree that this is a risk. I had a much smaller nail, which caused an issue in the tire that created a fast air loss problem. You had a much bigger nail. Risks are risks, be careful.

Comment on Don’t make fun of risk management by Don’t Make Fun of Risk Management | RiskArticles.com

Don’t Make Fun of Risk Management | RiskArticles.com — Tue, 13 Nov 2012 15:58:27 +0000

[...] http://riskczar.com/2012/08/15/dont-make-fun-of-risk-management/ [...]

Comment on Don’t make fun of risk management by Don’t Make Fun of Risk Management | Risk Articles

Don’t Make Fun of Risk Management | Risk Articles — Sun, 04 Nov 2012 15:39:01 +0000

[...] http://riskczar.com/2012/08/15/dont-make-fun-of-risk-management/ [...]

Comment on Risk management: Oh please tell me more by Kenneth Oliver

Kenneth Oliver — Fri, 26 Oct 2012 12:55:55 +0000

I am interested in keeping abrest of the current thinking in ERM.

Comment on Don’t make fun of risk management by Kevin

Kevin — Wed, 15 Aug 2012 20:43:21 +0000

Kansas City is on the Kansas/Missouri state line – so you get lots of Kansas drivers there. As far as I know, there was no similar law at the time in Kansas. Accidents often involved a Kansas driver (this was below my office window – I heard them once a week).

Comment on Don’t make fun of risk management by Trevor Levine

Trevor Levine — Wed, 15 Aug 2012 20:34:03 +0000

I once visited my friend 20 years ago when he lived in Hoboken, NJ. If I recall his explanation, half the intersections in his neighbourhood had 4-ways stops while others just 2-way. Driving through, I noted that none of the streets had any stop signs. He explained that people stole the signs so drivers took to just stopping at all the intersections. (That KC story is crazy – what are out of state drivers to do?)

Comment on Don’t make fun of risk management by Kevin

Kevin — Wed, 15 Aug 2012 16:27:43 +0000

I used to have an office that looked out over a 4-way stop in Kansas City (the area is called Country Club Plaza) with no posted stop sign at any of the intersections. Missouri law for some reason says that at a four-way stop with no posted signage, the driver is compelled to stop. Ridiculous as this was, plenty of people told me that signage would damage the ambiance of the area. My response was to ask if a car accident in which their spouse and children were involved would destroy the ambiance.

That intersection now has lights if I am not mistaken.