Posts Tagged ‘ Rick Nason ’

Rick Nason asks you to snap your fingers

February 4, 2011

Risk Nason, one of the members of Riskczar’s Secret League of Extraordinary Risk Gentlemen, asks his readers if they could snap their fingers and switch places with anyone in the world, who would it be. Similarly, he asks if you could switch places with anyone’s risk department, whose would it be? Can you name the organization? While it’s hard to be specific, I’d be looking for an organization with a corporate culture that would be accepting of the sort of change management efforts that would be required if one was going to embed risk management as a systematic capability. This is…

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What risk management should be

April 15, 2010

I had the pleasure of listening to Rick Nason from RSD Solutions and Dalhousie University speak last night at the Fields Institute in Toronto. There have been opportunities to go to PRMIA-sponsored risk management presentations in the past, but I rarely attend for fear that I would be the only person in the crowd who has not memorized everything John Hull has ever written or is carrying an HP 17B. Said another way, I have better things to do than hang out with risk nerds. And therein lies the irony about Rick Nason. On paper he is physicist, CFA and PhD and teaches…

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Ask questions

February 23, 2010

Have you ever been in a meeting where you had no idea what everyone was talking about but were afraid to ask any questions for fear of looking look a dork? Then read this post by Rick Nason. Similarly, I am always troubled when someone gives a presentation and nobody asks any questions and you see nodding heads and glazed eyes. This usually means nobody understands anything and/or they have no vested interest in either position so agree by default. Watch for this and think about this quote from William Wrigley Jr (the gum guy): “When two men in business…

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Nason posts ERM exam question number two

January 11, 2010

A couple of weeks ago, I brought to your attention question #1 (of 4) from Rick Nason, a risk management teacher of ERM at Dalhousie University in Halifax. Dr. Nason has posted question #2 from his recent ERM exam, on his RSD Solutions blog:  What do you believe are the three main SOLVABLE problems of risk management that might be cracked in the next 5 to 10 years? Indicate (or speculate on) how each of these problems might be solved. In other words, describe three areas or ideas or concepts where we might make significant progress in the development of…

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Nason wants to know why there are few successful ERM examples

January 5, 2010

I would like everyone who follows the Riskczar blog to have a look at the latest post from Rick Nason, Partner at RSD Solutions. Dr. Nason also teaches a course on ERM at Dalhousie University in Halifax. Dr. Nason has posted exam question one (of four) from his course “Question 1: ERM has created a lot of excitement, but very few successful examples. Explain why you believe ERM has so few successful implementations” and is looking for your feedback. This would imply that three more questions and posts are coming soon, so bookmark his blog and check back soon. Until…

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Rick Nason asks What is Risk?

December 18, 2009

This is a re-post courtesy of Dr. Rick Nason, Principal of RSD Solutions LLC and Associate Professor of Finance at Dalhousie University in Canada (February 8, 2007). For a brief time I was the Head of a new Risk Management Centre at Dalhousie University. While Director, I had an epiphany – everyone thinks that everything they do is about risk management! While I was not so naïve to think that the world was only concerned about financial risk (after all my background was in doing risk analysis of health effects of radiation and in a different vein the risk analysis…

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The new risk management professional is creative

December 17, 2009

Have a read at Rick Nason’s ideas about the new risk management professional. He explains how “the career in risk pendulum may have shifted and that mathematical skill may not be the competitive advantage it once was.” He continues “mathematical skill combined with creativity, artistic and humanistic skills are the portfolio of skills that are now necessary in risk management.” Click here to read the complete post titled “Why is it only the B.Music Grads who are Driving Lamborghinis?”

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The new risk management professional is creative

December 17, 2009

Have a read at Rick Nason’s ideas about the new risk management professional. He explains how “the career in risk pendulum may have shifted and that mathematical skill may not be the competitive advantage it once was.” He continues “mathematical skill combined with creativity, artistic and humanistic skills are the portfolio of skills that are now necessary in risk management.” Click here to read the complete post titled “Why is it only the B.Music Grads who are Driving Lamborghinis?”

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