So what happens when you are part of an office lotto pool and win? And what happens when some folks don’t participate the one week the group buys the $50 million ticket? This is just what’s going on in a…
Back to school: ERM in universities and colleges
Seeing how the day after Labour Day is traditionally the first day of school, it seemed fitting to answer the question: “Hey, Riskczar, can ERM work in universities and colleges?” The short answer is, yes. (It works anywhere silly.) So…
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?…