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 manager’
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 »
You are not a risk manager; you are a fortune teller
Posted in Humour, tagged Beaumont Vance, risk manager on November 16, 2009 | 1 Comment »
The following was written by Beaumont Vance and taken from Risk Management Reports (July 2007): The next time someone at a cocktail party asks what you do for a living, say you increase profit through fortune telling. If nothing else, it will lead to a more interesting conversation than you would have if you replied, [...]
Risk managers are like janitors
Posted in ERM Basics, Humour, My Opinions, tagged Black Swan, COSO ERM, ERM, ISO 31000, janitor, Maureen Miskovic, Oswald Grübel, risk culture, risk management, risk manager, UBS on October 21, 2009 | 1 Comment »
This is a bit of a re-post but it seems appropriate following a comment I received earlier where the reader asks: “How can you convince a small business owner to invest resources into something that they cannot see a value in?” For years I have been saying that being a risk manager is like being [...]
Risk managers and Chief Risk Officers are “genuinely different types of creatures”
Posted in Risk management, Thought Leadership, tagged CRO, risk manager, Trevor Levine on October 18, 2009 | Leave a Comment »
I enjoyed this article about the ascent of the Chief Risk Officer, The chief risk officers are coming, published in July 2009 by Lloyds. Specifically, the differences between the risk manager and the CRO are interesting as described by Peter den Dekker, president of FERMA, the association of European risk managers. The CRO is member [...]
