There are a series of articles published by RiskTech which are quite interesting on risk management in various industries; the one I read was on hotel risk management but it only scraped the surface of hotel risk management. (BTW, the…
Monkey Risk
Earlier today I wrote about the threat of elephants in some parts of India or Sri Lanka; risks we would never consider including in a heat map in major North American cities but are threats in other parts of the…
Elephant Risk
A few weeks ago, I wrote about the threat of zombies and whether it was too soon to ad zombie risk to your risk register or heat map. Well what about Elephant Risk? The Scientific Leader Blog writes about the…
Five major risks to green building
In an article in at the website earth2tech.com, the authors note 5 major risks to green building market growth: Financial, legal and regulatory risk, plus green-washed building materials and driving energy retrofits. I was glad to see that the author…
A Risky Choice for A Risk Czar (not me)
By Mark R. Warner Sunday, June 28, 2009 http://www.washingtonpost.com/wp-dyn/content/article/2009/06/26/AR2009062603560_pf.html Over the past six months, President Obama and Treasury Secretary Timothy Geithner have worked tirelessly to rescue the U.S. economy from our nation’s longest and deepest recession since the Great Depression.…
Predictable Surprises
One of my favourite books about risk management is Predictable Surprises – The Disasters You Should Have Seen Coming by Max. H. Bazerman and Michael D. Watkins. This is not an explicit risk management book but is about identifying, assessing…
Banana Skins 2000 vs 2008
The annual Banana Skins survey from the Centre for the Study of Financial Innovation is always fun to read. So I decided I would dig up the 2000 list and compare it to the 2008. Each year bankers, regulators and…
No risk management plan. No money from the bank.
I enjoyed this article and how the author illustrates the value in developing a proactive risk management plan in order to ensure that your bank continues to lend you money. The author writes: Because if you have not addressed, in writing,…
The de-risking of Toyota
First of all, let me say, I love Slywotzky, so here is an article he co-wrote in 2007 where he explains the de-risking methods developed by Toyota, Coach, Target and others that can help you to design a more flexible…
Risk Management is not Internal Audit
Risk management is looking forward Risk management is when you are driving your car on a foggy night and you cannot see more than 10 feet in front of you – there may be something out there: perhaps a…