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 [...]
Posts Tagged ‘CRO’
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 »
Ned Stark. Hand of the King. Chief Risk Officer.
Posted in Books, ERM Basics, My Opinions, tagged A Game of Thrones, CRO, Hand of the King, Ned Stark, risk, risk management, Wintelfell on December 7, 2011 | Leave a Comment »
Eddard (Ned) Stark, Lord of Winterfell, is a protagonist in the book A Game of Thrones by George R.R. Martin. He is principled and tells the truth and believes in honour and justice. Ned would make an excellent Chief Risk Officer. When King Robert Baratheon asked him to become the Hand of the King – [...]
Gladwell, crashing planes and risk management
Posted in Books, ERM Basics, My Opinions, Office and culture, Risk management, tagged airlines, airplane, CRO, culture, Gladwell, risk culture, risk manager, risk officer on November 10, 2011 | Leave a Comment »
In his book “Outliers”, author Malcolm Gladwell explains how “The kinds of errors that cause plane crashes are invariably errors of teamwork and communication” as opposed to mechanical causes. Also, they usually happen after a sequence of mistakes and misfortunes and rarely because of one event. Our respective cultures dictate how we work and [...]
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 [...]
The CRO cannot be expected to do what only the CEO can do
Posted in Uncategorized, tagged Buffet, CEO, CRO, derivatives, ERM on May 27, 2010 | 1 Comment »
Here’s an excellent op-ed piece in US Banker about the role of the chief risk officer and the CEO. This may be the best thing I’ve read in months. Setting the tone for this article is Warren Buffet who recently wrote in the BRK shareholder’s letter: “I believe that a CEO must not delegate risk [...]
Risk managers and Chief Risk Officers are “genuinely different types of creatures”
Posted in Risk management, Thought Leadership, tagged CRO, risk manager, Trevor Levine on October 18, 2009 | Leave a Comment »
I enjoyed this article about the ascent of the Chief Risk Officer, The chief risk officers are coming, published in July 2009 by Lloyds. Specifically, the differences between the risk manager and the CRO are interesting as described by Peter den Dekker, president of FERMA, the association of European risk managers. The CRO is member [...]
