I read recently that Libyan leader Colonel Muammar Gaddafi has called for Muslims to declare a jihad against Switzerland. Apparently this is the result of a Swiss ban on minarets (tall spires) in the construction of mosques and nothing to…
CFOs and risk management are just friends
According to a study based on conversations with almost 2000 global CFOs (that includes 17 of the DJIA companies), they love risk management. (Well maybe “love” is a strong word; maybe saying CFOs and risk management are “friends” is better.)…
John Adams: Making God Laugh
If you have not had a chance to read this gem, have a look at John Adams’ “Making God laugh: a risk management tutorial“. He writes: The words “risk” and “management” sit uncomfortably alongside each other. Many people believe that…
To bribe or not to bribe?
Riskcontainment.com writes about bribery issues faced by IKEA in Russia. I am curious why IKEA went so far as actually building the store if they knew that local officials were corrupt and greasing palms is the cost of doing business.…
Ask questions
Have you ever been in a meeting where you had no idea what everyone was talking about but were afraid to ask any questions for fear of looking look a dork? Then read this post by Rick Nason. Similarly, I…
Wash your hands please
In a book titled, Whack-a-Mole by David Marx, the author writes about the history of hand washing: “Given the high propensity for clean running water in most restrooms, one might expect near 100 percent compliance.” However, Marx explains, there is…
Skewed stats
When I got up this morning, I had over 100 hits to my homepage. This doesn’t seem right. I’ve only had over 100 hits about 4 times for an entire day since I began this in August. Being trained in…
Happy New Year to All
Happy New Year everyone. May 2010 bring risk practitioners everywhere legislation or financial crises to keep us all employed.
One of many czars
The current cover of Newsmax features all of Obama’s many czars. Sadly, I was unavailable for the photo.
Gap price insurance
Ever bought something then saw the price drop on that item? How much would you pay to insure against that price drop? Turns out it costs nothing. Gap Canada has just launched a program at ten stores in Vancouver, BC…