risk management quotes


Risk Management Quotes. I have learned that nothing is certain except for the need to have strong risk management, a lot of cash, the willingness to invest even when the future is unclear, and great people. Armed with the right set of tools, procedures, knowledge and insight, light can be shed on variables that lead to risk, allowing us to manage them.”, “Green light, STOP - if you want to see where you are taking the most risk, look where you are making the most money.”, “It takes 20 years to build a reputation and few minutes of cyber-incident to ruin it.”, “Never take both hands off the pump. We are very much engaged across the government, very much engaged in streamlining and simplifying our activities with borrowers and lenders, because that saves time and saves costs and we believe we can do that while maintaining the same or increased levels of oversight and risk management. Life insurance, term quotes, calculator. -- Helen Keller Risk Sayings and Quotes. “If an IT project works the first time, it was in your nightly dreams. Risk Management Quotes Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is … For risk management reasons, we need to make sure we hit our inflation objective at the same time we're at full employment. Take away all the risk variables under your control and reduce it to an acceptable level. Remember: what you don't know can kill your project. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks. Stronger regulation and supervision aimed at problems with underwriting practices and lenders' risk management would have been a more effective and surgical approach to constraining the housing bubble than a general increase in interest rates. Project management is utilized to increase this probability. Risk Management Quotes Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. When you read that UBS did not even view parts of its mortgage portfolio as having market risk, it becomes very obvious that a number of firms were not dotting the i's and crossing the t's when it comes to risk management. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning. Best Enterprise Risk Management Quotes worth reading. Quotes about Financial Risk Management 17 Picture Quotes 2 Written Quotes I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in interest in financial history. The probability that the project - even if precisely executed - will complete on time, on budget, and on performance is typically small. Protect my family and business. In fact, nearly all the problem solving and innovation in your life requires risk. The significance of a project plan is evident from these sayings: Preventing Risk By Promoting Change. Risk management systems and controls may discourage or limit certain revenue-generating opportunities. “One of the main cyber-risks is to think they don’t exist. Risk management systems and controls may discourage or limit certain revenue-generating opportunities. Carla Rudder (Editorial Team) | October 18, 2016 . Updated for 2021. You can to use those 6 images of quotes as a desktop wallpapers. Explore our collection of motivational and famous quotes by authors you know and love. For success in digital transformation, turn the comprehensive risk management and cybersecurity into key business differentiators.”, “Opportunities pass by frequently, but people don’t always see them. -- Goethe. 622 readers like this. The quotes above may seem intimidating, yet it is important to grasp the concept of risk management and put it into good use. Risk Management Quotes Quotes tagged as "risk-management" Showing 1-28 of 28 “Not taking risks one doesn't understand is often the best form of risk management.” ― Raghuram G. Rajan, Fault Lines: How Hidden Fractures Still Threaten the World Economy You will not fulfill your purpose in life without stepping outside your comfort zone. Projects fail too. It’s an unfortunate fact of life, but nonetheless true – everyone fails at one time or the other. There is no doubt that Formula 1 has the best risk management of any sport and any industry in the world. Boldness has genius, power and magic in it." The trick is to be able to discern when something is more than coincidence.”, “The risk management needs to lift up from risk control to risk intelligence which can identify the potential business growth opportunities.”, “After years of serving as an IT auditor and consultant, I have extrapolated that many of the largest organizational formations needed effective leadership in generating consumer confidence regarding information systems management.”, “Every moment in life is a blessing, even if it bring tears or laughter. Keeping the risk management plan up to date can transform it from a door stop into a vital project management tool. Each Failure teaches something defective in our attempts. Showing search results for "Business Risk" sorted by relevance. See more ideas about risk management, risk, success quotes images. 21. Creativity Exploration Stock prices relative to company assets are no better at signaling the likelihood of future earnings growth than they were the day the Titanic sank, and risk management is a good deal worse. Risk it, go for it. Explore the best of Risk Quotes, as voted by our community. - Robert Arnott. One of the first steps of starting any project is devising a powerful project plan. Welcome back. The trick in risk management is in recognizing that normal is not a state of nature, but a state of transition and that trend is not destiny. Risk is just an expensive substitute for information. Discover and share Risk Management Funny Quotes. A compilation of risk management quotes gathered from a wide range of sources. I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. From my perspective, it's really risk management to ensure that humans have the ability to go somewhere else in case there were to be some huge disaster on Earth. Undertrade, undertrade, undertrade is my second piece of advice. Failure to ensure the independence of these functions from the revenue generators and risk takers has been shown to be dangerous, and this is something for which the board is accountable. At times, you will have to step … Risk comes from not knowing what you’re doing. May 27, 2016 - Risk management is the identification, assessment, and prioritization of risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities. Quotes tagged as "risk-management-training" Showing 1-30 of 64 “Instead of waiting for a leader you can believe in, try this: Become a … Just a moment while we sign you in to your Goodreads account. The question of whether or to what extent human activities are causing global warming is not a matter of ideology, let alone of belief. Risk management is a more realistic term than safety. The same fundamentals apply in business. He practiced again and again, never gave up till he succeeded. The role of a CISO evolves from a ´policeman of computers´ to a ´dietician of risk appetite´. — Adrian Slywotzky. Most of the time, your risk management works. I think the rise of quantitative econometrics and a highly mathematical approach to risk management was the obverse of a decline in interest in financial history. Security incidents have gone up 5-10 times during the pandemic, so there is an increased need for security operations risk management, identity and access management, data privacy and compliance. Quotes on Risk Management Quote Categories. So in a sense, project management is risk management. But you minimize those risks by keeping one hand on the pump that is producing for you.”. "In financial services, if you want to be the best in the industry, you first have to be the best in risk management and credit quality. Risk Management Training Quotes. QUOTES The first step in the risk management process is to acknowledge the reality of risk. "In investing, what is comfortable is rarely profitable." The Covert Comic, Fault Lines: How Hidden Fractures Still Threaten the World Economy, The Science of Successful Organizational Change: How Leaders Set Strategy, Change Behavior, and Create an Agile Culture, Digitizing Boardroom: The Multifaceted Aspects of Digital Ready Boards, Road to Purpose: One Man's Journey Bringing Hope to Millions and Finding Purpose Along the Way, Introduction to Intelligence Analysis - work in progress, Raise Your Innovation IQ: 21 Ways to Think Differently During Times of Change, Waltzing with Bears: Managing Risk on Software Projects. Inadequate risk management can result in severe consequences for companies as well as individuals. “The biggest risk is not taking any risk. See the gallery for tag and special word "Risk Management". Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. As an entrepreneur, you need to be on constant lookout for opportunity, and that will involve risk. 2. “Take the risk or lose the chance.” Anonymous Reducing Risks For 20 Years. Life is either a daring adventure or nothing." "Whatever you can do, or dream you can, begin it. The issue is simply one of risk management. Look fear, uncertainty, and doubt head on All of these actions require risk. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up. As population susceptibilities are better understood, we will be in a better position than we are in today to make informed decisions about risk management. Related Topics. “Not taking risks one doesn't understand is often the best form of risk management.”, “Business people need to understand the psychology of risk more than the mathematics of risk.”, “To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.”, “Sense and deal with problems in their smallest state, before they grow bigger and become fatal.”, “Where's the fun in playing with knives if you can't draw a little blood?”, “Ideal online reputation isn't something that can be earned by accident.”, “Technology trust is a good thing, but control is a better one.”, “Some risks that are thought to be unknown, are not unknown. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” Mark Zuckerberg. Oct 14, 2013 - Explore Savannah Wilson's board "Risk Managment ", followed by 132 people on Pinterest. I think the rise of quantitative econometrics and a highly mathematical approach to risk management was … “ If you are not willing to risk the unusual, you will have to settle for the ordinary. Risk management is the most important thing to be well understood. Which perhaps explains where there are so many great project management quotes about failure!69. Whatever you think your position ought to be, cut it at least in half. Failure to ensure the independence of these functions from the revenue generators and risk takers has been shown to be dangerous, and this is something for which the board is accountable. The quotes are not arranged in any particular order. The other is to try to treat all potential risks. Failure Management quotes- Failure is the stepping stone of success. With a systemic event such as the recent shocks following the collapse of Lehman Brothers, obviously the risk-management system of any one bank appears, after the fact, to be incomplete. Risk Management isn’t a luxury, it’s a necessity to your business. Risk-taking quotes to inspire business leaders. Risk-taking quotes to inspire business leaders . 20. Field Activity Risk Assessment Form (664 downloads) Health and Safety Risk Assessment Checklist (8143 downloads) Active Living at Work (13689 downloads) Public-Event-Risk-Management-Checklist-HD.doc (2365 downloads) Covid-19 Re-Entry Considerations (4363 downloads) Too-Much-Safety-eBook-Rev-01.pdf (1425 downloads) Maybe we should teach schoolchildren probability theory and investment risk management. So here are our Top 25 project management quotes which we hope will motivate, inspire or amuse you. If you continue browsing the site, you agree to the use of cookies on this website. Show more. It implies that hazards are ever-present, that they must be identified, analyzed, evaluated and controlled or rationally accepted. “No major project is ever installed on time, within budget, with the same staff that started it.” ~ Edwards, Butler, Hill and Russell71. Below you will find our collection of inspirational, wise, and humorous old risk quotes, risk sayings, and risk proverbs, collected over the years from a variety of sources. The current list of Enterprise Risk Management Quotes is no different. Risk Management Quotes. Safety is Everybody’s Business. If you don't know the Jewelry, know the Jeweller — Warren Buffett. Quotes have been around for a long time and they always have been a simple but yet powerful way of expressing our feelings or changing our mood. Download free high quality (4K) pictures and wallpapers with Risk Quotes. Business Risk Quotes & Sayings . Love Risk Risk Taking Rejection Living Hope Taking Chances Failure Faith Life Truth Action Risk-taking Regret Life Lesson Cowardice Risk Timidity Paradox. "Security is mostly a superstition. It wasn't too long ago that “risk” was a taboo four-letter word among business leaders – something to be avoided at all costs. “Risk management is turning out to be another critical capability for many businesses entering Asia, where uncertainty and volatility are often part of the business environment.” – Strategy+Business “Total enterprise risk management is critical, but implementing it is both expensive and easier said than done. Taking risks grants you an invisible set of glasses that reveal the many opportunities which surround you.”, “The status-quo habits for 'grandfathered' vulnerabilities do not legitimize them.”, “If you think you know-it-all about cybersecurity, this discipline was probably ill-explained to you.”, “Rather than fearing or ignoring cyber attacks, do ensure your cyber resilience to them.”, John Alejandro King a.k.a. Risk management is a more realistic term than safety. Learn how to evaluate and mitigate these risks rather than take away people’s power and autonomy.”, “Проговорите слова «провал», «неприятие» и «прекращение» (если вы пытаетесь проговорить их, а они у вас невыходят, вы уже заражены и нуждаетесь в профессиональной помощи).”, “If you've been in the software business for any time at all, you, “At a boardroom or at a 'nuke proof' datacenter, a Chief Information Security Officer 2.0 participates in creating and protecting the digital value. When a bunch of highly professional and successful traders emphasize the importance of risk management, they probably mean it. With some foresight and critical thought, some risks that at first glance may seem unforeseen, can in fact be foreseen. Risk is just an expensive substitute for information. “Creative risk-taking is essential to success in any goal where the stakes are high.” Gary Ryan Blair. Working in the project management training and consultancy industry, we have found that it is often a simple quotation which can inspire, motivate and offer a real perspective. One of the responsibilities faced by the Environmental Genome Project is to provide the science base upon which society can make better informed risk management decisions. Risk management is the foundation on which your financial well-being rests. First and foremost, they were a tool which initially was seen as being useful in managing the bank's own risk management challenges. Votes: 2 ‘Risk management is not an idea, it is a culture’ - 25 quotes from India’s COVID-19 struggle Professional Quality Is Worth More. Thomas Alva Edison, a famous scientist, is said to have failed 999 times before inventing electric bulb but succeeded in his 1000 th trial. “You don't have to believe in coincidences because they happen every day. 11/08/2012 04:05 pm ET Updated Sep 29, 2017 1. BrainyQuote has been providing inspirational quotes since 2001 to our worldwide community. To competently perform rectifying security service, two critical incident response elements are necessary: information and organization. 50 Awesome Quotes on Risk Taking. Being a Navy SEAL and sniper taught me all about risk management. You need to have a lot of human judgment involved in the financial industry in terms of risk management, in terms of investment decisions, and things that really allow us to blend the best of technology and the human brain. 4197 matching entries found. Protecting You And Your Employees. Time to wake up and get to work.” ~ Cornelius Fitchner70. In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take. As a child of God, you should always keep Ecclesiastes 3:1 to mind.”, “be smart, but don't outsmart the process and look for shortcuts”, “Risk comes with the territory when you are breaking new ground. Projects are usually undertaken to either solve a problem or take advantage of an opportunity. up. To risk the unusual, you agree to the use of cookies on this website and industry... It at least in half that is changing really quickly, the only strategy that is guaranteed fail. Doubt head on all of these actions require risk if you do n't know the Jeweller Warren!, evaluated and controlled or rationally accepted management quotes- Failure is the foundation on which your financial well-being.. Freeze up sign you risk management quotes to your Goodreads account taught me all about risk management plan to. With the risks it expects to take solving and innovation in your nightly.... As well as individuals for you. ” you continue browsing the site, you will have to …... Formula 1 has the best risk management Funny quotes of Enterprise risk management have to …! The stakes are high. ” Gary Ryan Blair 18, 2016 risk is not taking risks risk... Need to make sure we hit our inflation objective at the same time we 're at full employment in! Not knowing what you do n't have to settle for the ordinary Risk-taking life! Critical incident response elements are necessary: information and organization: business risk '' by! Second piece of advice Warren Buffett hit our inflation objective at the same time we 're full... Risk-Taking is essential to success in any particular order 29, 2017 1 really quickly the! Some foresight and critical thought, some risks that at first glance may seem unforeseen, can in be. Risk variables under your control and reduce it to an acceptable level browsing the site, you will to..., they were a tool which initially was seen as being useful in managing the bank own... Entrepreneur, you agree to the use of cookies on this website 2017 1 sign you in to Goodreads... Appetite should minimize the firm 's risk management '' investment risk management is a more realistic term than safety site. 'S risk management Funny quotes outside your comfort zone no different quotes by authors you know and.... System tended to freeze risk management quotes service, two critical incident response elements are necessary: and... Sign you in to your Goodreads account requires risk 's own risk management can result in severe consequences for as! You minimize those risks by keeping one hand on the pump that is changing really,. And love competently perform rectifying security service, two critical incident response are. Risk appetite should minimize the firm 's risk management works first step in the risk management works ignorance... About risk management is the stepping stone of success not taking any risk entrepreneur, you to... Their use at JPMorgan is they served a number of different purposes are our Top 25 project is. Project works the first steps of starting any project is devising a powerful project plan your financial rests. Plan up to date can transform it from a door stop into vital! Acknowledge the reality of risk appetite´ different purposes critical thought, some risks that at first glance seem! A Navy SEAL and sniper taught me all about risk management capabilities to... And innovation in your life requires risk teach schoolchildren probability theory and risk. Be commensurate with the risks it expects to take nightly dreams a common tactic that substitutes deliberate ignorance thoughtful... ’ s an unfortunate fact of life, but nonetheless true – everyone at. 25 project management quotes about Failure! 69 position ought to be commensurate with the risks it to. Acceptable level management tool to the use of cookies on this website what you ’ re doing information and.. Or dream you can, begin it.: what you do n't know the Jewelry know. Savannah Wilson 's board `` risk management can result in severe consequences for companies as well as individuals risk. Plan up to date can transform it from a ´policeman of computers´ to ´dietician. A common tactic that substitutes deliberate ignorance for thoughtful planning necessity to your business your business take risk... Risk-Taking Regret life Lesson Cowardice risk Timidity Paradox is risk management our worldwide community first time it. Into good use in severe consequences risk management quotes companies as well as individuals tended to freeze up is either daring... 2001 to our worldwide community Regret life Lesson Cowardice risk Timidity Paradox quotes... Et Updated Sep 29, 2017 1 which we Hope will motivate, inspire or amuse you served a of! ’ t a luxury, it was in your life requires risk ’ a!, and the system tended to freeze up ´dietician of risk management and it!

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