Posts Tagged ‘ Patterson ’

Measuring the benefits of ERM

October 22, 2009

I was reading this article from Gary W Patterson called, “Enterprise Risk Management (ERM) Applied to Benefit Operations and Strategic Planning”. In it, Gary, a.k.a the FiscalDoctor™, addresses these five questions about ERM: 1. Does ERM focus only on money? 2. What activities does ERM involve? 3. What are ERM deliverables? 4. How do I know whether our ERM program is a success? 5. How does ERM fit into the goals and structure of the organization? To see the entire article, click here. For this post, I only want to focus on the response to #4. How do I know…

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Review of Stick Out Your Balance Sheet and Cough

September 28, 2009

I have three expectations when I read business books: they should be fun to read, void of any Greek letters and equations, and when I am done, I have taken away a few golden nuggets of information. Stick Out Your Balance Sheet and Cough was both fun to read and I took away way more than the usual few nuggets; there are dozens of nuggets in there. (Needless to say, there were no quadratic equations either.) It becomes very clear early on that you are not reading boring accounting theory or MBA jargon, but the cumulative experience of a very…

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