I’ve been playing quite a bit of Angry Birds ever since I got my Samsung Galaxy Tab for my birthday. I love this game. The objective of course is for birds (each with their unique strengths) to destroy the structures – where all the pigs who have stolen the birds’ eggs – are hiding. When [...]
Posts Tagged ‘Strategy’
Angry Birds risk management
Posted in Humour, My Opinions, Risk management, tagged Android, angry birds, prioritize, risk, risk management, risk treatment, Strategy, tactics on January 4, 2012 | Leave a Comment »
Religion and strategic risk management
Posted in My Opinions, Risk management, tagged religion, risk management, Strategy on March 23, 2011 | Leave a Comment »
A story in the National Post today describes the stats behind a decline of religious affiliation in many countries. A researcher explains: “There’ll be a continuing loss of membership among people who identify themselves as belonging to a religion. Over time, we could reach a time where society is dominated by people who claim religious non-affiliation”. [...]
Professor Pinch’s basic risk management strategy
Posted in Risk management, tagged Professor Pinch, risk management, Strategy on December 23, 2009 | Leave a Comment »
Professor Pinch builds on my blog and shares his thoughts about personal risk management and risk management in general. He writes: “Always (put) yourself in position to control your response to situations – (do) not have them dictated to you by the choices/actions of others.” That’s going in my Risk Quotes page. Click here to [...]
Baxter talks about strategic risk management
Posted in Risk management, Thought Leadership, tagged de-risk, Keith Baxter, risk management, Strategy on December 16, 2009 | Leave a Comment »
In this post by De-Risk, Keith Baxter explains the importance of strategic risk management. He writes: Most companies have risk management processes in place, but there is too much focus on operational risk and not enough on strategic risk, De-Risk’s Keith Baxter tells Mark Stuart. Strategic risks are, by definition, the risks that could threaten [...]
strategy+business: Islamic finance
Posted in My Opinions, tagged Islamic finance, Strategy on December 4, 2009 | 2 Comments »
If you don’t know much about Islamic finance, here’s a pretty good explanation in strategy+business. In short, Islamic finance is a financial system that does not “permit payment or collection of interest, nor transactions based on speculation or risk.” So how do you earn a return on your funds if you cannot earn interest? Have [...]
KPMG paper: The Business Case for a Risk Executive
Posted in ERM Basics, Thought Leadership, tagged ERM, KPMG, Strategy, Trevor Levine on October 14, 2009 | Leave a Comment »
Here is the latest white paper from KPMG called The Business Case for a Risk Executive: Leading Efforts to Avoid Surprises, Maneuver through Challenges, and Add Value. (See link below.) Big title. Fortunately, the paper is only 12 pages in length when you include the canned metaphorical Getty images of the guy looking through binoculars [...]
Retention bonuses: risk or reward?
Posted in My Opinions, Risk management, tagged control, ERM, inherent risk, residual risk, retention risk, risk register, Strategy on September 8, 2009 | 1 Comment »
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? These bonuses gained popularity during the merger frenzy of the 80s to encourage employees of [...]
ERM Creates Value
Posted in ERM Basics, tagged enterprise risk, ERM, opportunity, Riskczar, Strategy on May 9, 2008 | Leave a Comment »
ERM helps leaders deal effectively with the current or potential events that create uncertainty and respond in a way that balances the downside of the uncertainties that we want to avoid against the upside. The big picture outcomes of ERM are: no big mistakes, no big surprises and no big missed opportunities. The Riskczar says: [...]