Like many of you, I received a request from The Institute of Risk Management to comment on a consultation paper they prepared called “Risk Appetite and Risk Tolerance”. Great title. It’s not my intention to opine on the paper here.…
Starbucks risk management
In the interest of full disclosure, I love Starbucks. I admit that I was a Tim Hortons slave for the last decade but nothing gets me going every morning like my grande bold. (Incidentally, I’d like to thank the barista…
RIMS – ERM at the Vancouver Olympics
I was just reading one of my blog posts about ERM at Hydro One where I wrote that there were very few great case studies about ERM. Until today. I think this case study about ERM during the organizing of…
The risk of driving, juice boxes and Howard Stern
I never would have predicted that a parent magazine would have been fodder for a risk management post but there it was on the coffee table begging to be read it like an infant crying for attention. It’s not surprising…
Religion and strategic risk management
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,…
My appetite for risk and cheesecake
On a trip to Portugal and Spain last month, my brother elected to take a minor detour and visited Morocco in the midst of “a revolution sweeping the Arab world” as he wrote on his blog. He was monitoring the…
Mark Zuckerberg is the new Moses
Something I read at Global Risk Community got me thinking about Mark Zuckerberg. Boris Agranovich summarized the impact of social media on current events in this post “Social media triggers a revolution in the Arab World“: In the previous issue…
Growing pot and calling 911 risk management
Hey people, just a quick head’s up, if you are growing pot, it makes for good risk management if you don’t call 911 to inquire about how much trouble you can get into if you have one plant. Call your Crown…
Risk Containment on the risk of servers and poor back up plans
Another great post from RiskContainment called Back Up? What Back Up? about the risk of putting servers in a basement, reminded me of this tale from my past: I once worked for an international securities dealer in Toronto; we had…
Rick Nason asks you to snap your fingers
Risk Nason, one of the members of Riskczar’s Secret League of Extraordinary Risk Gentlemen, asks his readers if they could snap their fingers and switch places with anyone in the world, who would it be. Similarly, he asks if you…