I reference a post by Beaumont Vance once where he suggests all risk managers should introduce themselves as fortune tellers as cocktail parties. In this recent blog post from Riskview, the author points out: Criticisms of risk managers for not anticipating some emerging future are overdone. When a major unexpected loss happens, everyone missed it. [...]
Posts Tagged ‘Beaumont Vance’
Risk managers are just as dim
Posted in ERM Basics, Humour, Risk management, tagged Beaumont Vance, fortune teller, riskviews, what makes a good risk manager on September 20, 2010 | 2 Comments »
John Adams: Making God Laugh
Posted in Uncategorized, tagged Beaumont Vance, God, John Adams on February 23, 2010 | 2 Comments »
If you have not had a chance to read this gem, have a look at John Adams’ “Making God laugh: a risk management tutorial“. He writes: The words “risk” and “management” sit uncomfortably alongside each other. Many people believe that it is possible to distinguish “real”, “actual” or “objective” risk from “perceived” risk. But all [...]
Top 10 Must Read ERM Articles
Posted in ERM Basics, Frameworks, Humour, My Opinions, Risk management, Thought Leadership, tagged Aabo Fraser Simkins, Beasley Cluen Hermanson, Beaumont Vance, Conference Board of Canada, enterprise risk, ERM, Ernst & Young, Felix Kloman, Harrington Niehaus Risko, Hydro One, James Lam, Kleffner Lee McGannon, Riskczar, Top 10, Trevor Levine on November 30, 2009 | Leave a Comment »
In a survey conducted during the Fall of 2007 by The Conference Board of Canada titled, “Who Reads What Most Often? A Survey of Enterprise Risk Management Literature Read by Risk Executives”, authors listed the top ten articles used by leading ERM practitioners (in order of year published). I’ve reprinted the list here with links [...]
You are not a risk manager; you are a fortune teller
Posted in Humour, tagged Beaumont Vance, risk manager on November 16, 2009 | 1 Comment »
The following was written by Beaumont Vance and taken from Risk Management Reports (July 2007): The next time someone at a cocktail party asks what you do for a living, say you increase profit through fortune telling. If nothing else, it will lead to a more interesting conversation than you would have if you replied, [...]
The Blind Side – how risk managers are like lineman
Posted in Books, League of Extraordinary Risk Gentlemen, Thought Leadership, tagged Beaumont Vance, CEO, Lawrence Taylor, lineman, quarterback, risk management, The Blind Side on November 13, 2009 | 1 Comment »
The following post is a summary of an article written by Beaumont Vance in Risk Management Reports (February 2008) where he drew comparisons between the role of the Left Tackle (described in Michael Lewis’s book The Blind Side) and the future of risk professionals. All portions from Vance’s article are in italics. Vance writes: Up [...]
