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 [...]
Posts Tagged ‘risk culture’
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 »
Riskczar Comics – PIIGS
Posted in comics, Humour, tagged board, credit risk, Greece, PIIGS, risk culture on October 3, 2011 | 3 Comments »
Riskczar Comics #3
Riskczar Comics – Business continuity and the satellite
Posted in comics, Humour, tagged BCM, BCP, comics, Disaster, NASA, risk culture, satellite on September 30, 2011 | Leave a Comment »
Riskczar Comics #2
Riskczar Comics – The CEO and the risk report
Posted in comics, Humour, Risk management, tagged comics, risk culture, risk report, Riskczar on September 29, 2011 | Leave a Comment »
Here’s my first crack at an illustrated view of risk management in the world today. If you would like to see more of these please leave a comment at riskczar.com or @riskczar (as I probably have about 20 more ideas waiting to be drawn). Riskczar Comics #1
They will always find a way to screw you
Posted in ERM Basics, Frameworks, Humour, Office and culture, Risk management, tagged Andrew Hill, AS/NZS 4360, COSO ERM, ERM, FT, Globe and Mail, ISO 31000, Maureen Miskovic, Oswald Grübel, risk culture, risk management, UBS on September 20, 2011 | Leave a Comment »
I worked about six shifts at a Burger King in a shopping mall when I was in my teens. I quit because I didn’t care much for wearing the brown pants and hairnet. On my final night, the closing shift, I helped the veterans take the trash out. When we got to the Dumpster my [...]
COSO writes about ERM and where to start
Posted in ERM Basics, Thought Leadership, tagged Anderson, COSO ERM, Framework, Frigo, ISO 31000, risk culture, Tetris on January 17, 2011 | Leave a Comment »
You may be shocked to learn that I have finally read something published by and related to COSO which is worth your time to read. (If you’re familiar with Riskczar’s Blog, you would know that I rag on the COSO ERM Framework anytime I get the chance.) COSO’s Embracing Enterprise Risk Management: Practical Approaches for [...]
Baseball and risk management
Posted in ERM Basics, My Opinions, Sports, tagged baseball, emotion, experience, Expos, impact, likelihood, Montreal, prediction, risk culture, risk management, truth on November 4, 2010 | 3 Comments »
One day we will send a man to the moon and bring him home safely. One day we will elect a black President. One day the Montreal Expos will win a World Series. One day we will drive flying cars to work like George Jetson. When you imagine a time line of the 20th century, [...]
Promote a culture of Truth
Posted in ERM Basics, My Opinions, Office and culture, tagged risk culture, truth, what makes a good risk manager on February 24, 2010 | 5 Comments »
My 11-year old came home from school this week and told me he got into trouble and was sent to the office. At lunch, he was horsing around with his buddies and threw some lunch meats at each other. Fortunately, no one was injured. I asked him if was going to do that again, he [...]
Why risk management is vital
Posted in Office and culture, Risk management, tagged ERM, Macharia Kihuro, risk culture on January 4, 2010 | Leave a Comment »
It’s 2010. Likely your first day back at the office. Maybe your CFO or VP walked by your desk this morning with your marching or orders for this year and it went something like this: “Smithers, I am hearing a lot about this enterprise risk management. Get us some, okay?” Maybe you’ve started a Google [...]
Catlin’s enterprise risk management efforts raised to ‘Strong’
Posted in ERM Basics, tagged enterprise risk, ERM, risk culture, S&P on December 30, 2009 | Leave a Comment »
Another upgrade courtesy of good ERM. What are you people waiting for? Call me already. Or forward this to your CFO. Here’s the article from news-insurances.com: Catlin Group Limited, the international speciality property/casualty insurer and reinsurer, has been rated to to ‘A’ from ‘A-’ from Standard & Poor’s Rating Services. “The rating and assessment upgrades [...]
