I would like bring to your attention the blog by Donald van Deventer from the Kamakura Corporation. We may both write about risk management but on a risk management scale, Don is to Thomas Jefferson what I am Bart Simpson.…
Riskviews reflects on Risk Management in 2009
Riskviews reflects on 2009 and writes: Perhaps we will look back at 2009 and recall that it is the turning point year for Risk Management. The year that boards ans management and regulators all at once embraced ERM and really…
Nason wants to know why there are few successful ERM examples
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…
De-risk writes about Black Swans
I would like to introduce readers of Riskczar.com to the De-risk blog. Have a read at this post about Nassim Talib’s The Black Swan and poke around his blog for some other great posts. In 2008, Nassim Nicholas Talib published…
Tim Leech writes about the actuaries approach to operational risk
I am posting the link to Tim Leech’s commentary about the paper titled A New Approach for Managing Operational Risk: Addressing the Issues Underlying the 2008 Global Financial Crisis. If you are not following @LeechGRC on Twitter or read theiia.org,…
Tim Leech raves about ISO 31000
I just found some cash in the pocket of my winter coat which I was planning on spending on a Slap Chop™ and a Mike Cammalleri jersey but I decided it would be better spent on my very own copy…
The Blind Side – how risk managers are like lineman
The following post is a summary of an article written by Beaumont Vance in Risk Management Reports (February 2008) where he drew comparisons between the role of the Left Tackle (described in Michael Lewis’s book The Blind Side) and the…
Measuring the benefits of ERM
I was reading this article from Gary W Patterson called, “Enterprise Risk Management (ERM) Applied to Benefit Operations and Strategic Planning”. In it, Gary, a.k.a the FiscalDoctor™, addresses these five questions about ERM: 1. Does ERM focus only on money?…
Riskviews ask: What is Risk?
Originally posted by Riskview on October 12, 2009 I have started to get bothered by the way that the word RISK is used to mean almost anything – noun verb adjective. It makes it almost impossible to understand what someone…
Review of Stick Out Your Balance Sheet and Cough
I have three expectations when I read business books: they should be fun to read, void of any Greek letters and equations, and when I am done, I have taken away a few golden nuggets of information. Stick Out Your…