I read two articles yesterday which suggested to me that 1-in-5 people in leadership positions are confused. A PwC survey revealed that only “21% of leaders understand the potential value of social media”. In another survey by Greenwich Associates and…
Risk management, Twitter and sugarless gum
I read two articles yesterday which suggested to me that 1-in-5 people in leadership positions are confused. A PwC survey revealed that only “21% of leaders understand the potential value of social media”. In another survey by Greenwich Associates and…
They will always find a way to screw you
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,…
CEO Oswald Gruebel reacts to UBS fraud [humour]
Here is a reenactment of how UBS CEO Oswald Gruebel reacted when he learned about the $2 billion fraud. (That is Colin Firth portraying Gruebel on the left.) http://www.youtube.com/watch%3Fv%3DxJvGE7Vvd4M
Risk management is neither the cause nor the solution to UBS’s problems
A headline today on CBC.ca reads “UBS case latest failure of risk management”. I think I will spend the rest of the day being offended by the CBC. (All will be forgiven if Amanda Lang appears on the National tonight.)…
Reading the fine print risk management
Terms and conditions. Terms of use. Cardholder agreement. Just like Satan, the fine print has many names. The Guardian reported in May 2011 that only “7% of people actually read the full terms when buying a product or service online,…
Voldemort vs Anybody is the Trend
Riskczar would like to thank the Vancouver Sun for comparing Rupert Murdoch to Voldermort in today’s article a few days after I blogged a similar comparison about Nassim Taleb and Voldemort. Even including a separated-at-birth photo is an uncanny coincidence. Have a look.
Voldemort vs Taleb Deathmatch
With all the hype surrounding the final Harry Potter movie, I thought I would compare Voldemort to Nassim Taleb, financial guru and author of the book “The Black Swan”, to see who is greater. (Plus I thought it might be funny.) (Removed a…