James Pajakowski, EVP of Global Risk Solutions with Protiviti was asked what is most misunderstood today about risk management in Bank Info Security: You can eliminate all risk in an organization. If you do that you are probably also going…
Retention bonuses: risk or reward?
In a recent article by Jim Heskett in Harvard Business Journal’s Working Knowledge, he weighs in on value of performance bonuses; he says “they provide an incentive to do nothing”. Is $742,000 too much to pay one executive at AIG?…
What Causes Risk?
In a previous article, we learned about the difference between the inherent and residual risks you face on the way to work: slipping in the shower, on the driveway or off the road. All these high inherent risks are reduced…
Inherent and residual risks
Were you aware of how risky it is for you to come to work? Since you woke up this morning, you could have slipped in the shower, in your driveway or off the road. It’s a wonder you got here…