Best Risk Management Quotes | Short & Famous Sayings Page 3

“Among the illusions which have invested our civilization is an absolute belief that the solutions to our problems must be a more determined application of rationally organized expertise... The reality is that our problems are largely the product of that application.”

Problem Reality Belief Risk Products Civilization Solutions Illusion Absolutes Management Determined Organized Application Expertise Risk Management

Author:Voltaire

“Banks have come to realize in the recent crisis that they are paying the price for having designed compensation packages which provide incentives that are not, in the long run, in the interests of the banks themselves, and I would like to think that would change.”

Thinking Long Running Interest Realizing Risk Management Crisis Long Runs Incentives Packages Compensation Risk Management

Author:Mervyn King

“The difference between management and administration (which is what bureaucrats used to do exclusively) is the difference between choice and rigidity.”

Used Choices Differences Management Administration Bureaucrats Risk Management Rigidity

Author:Robert Heller

“Managers must have the discipline not to keep pulling up the flowers to see if their roots are healthy.”

Ifs Risk Flower Discipline Healthy Roots Management Managers Pulling Risk Management

Author:Robert Townsend

“Effective management always means asking the right question.”

Mean Risk Asking Management Time Management Risk Management Right Questions Asking The Right Questions

Book:The Supermanagers: Managing for Success, the Movers and the Doers, the Reasons Why

Source: The Supermanagers: Managing for Success, the Movers and the Doers, the Reasons Why

“Managing risk is very different from managing strategy. Risk management focuses on the negative-threats and failures rather than opportunities and successes.”

Different Opportunity Risk Negative Management Strategy Threat Risk Management

Author:Robert S. Kaplan

“The essence of risk management lies in maximizing the areas where we have some control over the outcome while minimizing the areas where we have absolutely no control over the outcome.”

Lying Risk Areas Essence Management Outcomes Risk Management Maximizing Minimizing

Book:Against the Gods: The Remarkable Story of Risk

Source: Against the Gods: The Remarkable Story of Risk

“Boundaries and risk management are very important parts of living a healthy and positive life.”

Important Risk Healthy Management Boundaries Positive Life Risk Management

Author:Bryant H. McGill

“Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk management. There was a failure to recognize how much risk there was in some of these securities that people bought.”

People Kind Risk Security Management Investment Expected All Kinds Managers Investors Bankers Risk Management

Author:Robert F. Engle

“I agree with a lot of the points in Taleb's book, but I don't agree with many of his conclusions. It seems to me that he rightly points out that risk managers miss a lot of the risks, but the conclusion is that he draws, is that we should abandon risk management, whereas my conclusion is we should improve it.”

Should Book Seems Risk Missing Draws Management Agree Conclusion Managers Abandon Risk Management

Author:Robert F. Engle

“I don't see what the alternative to risk management is. If it's just getting rid of the models and instead using the smart people who can figure it out? How do you train them? What do you teach them? Do you just put them in a cockpit and let them stumble for 10 years of their life and then after that they're good at it?”

People Ifs Years Teach Risk Figures Models Smart Management Train Alternatives Risk Management Smart People Cockpit

Author:Robert F. Engle

“It seems to be a law of nature, inflexible and inexorable, that those who will not risk cannot win.”

Seems Law Winning Risk Flexible Laws Of Nature Taking Risks Risk Management Risk It Risk-taking Inexorable Risk And Failure Risk And Success

Author:John Paul Jones

“There are three ways to get better figures... Improve the system... Distort the system... Distort the figures”

Way Three Risk Figures Management Get Better Risk Management Three Ways

Author:Brian L. Joiner

“PDCA is the essence of managerial work: making sure the job gets done today and developing better ways to do it tomorrow.”

Way Done Today Jobs Risk Tomorrow Essence Management Developing Better Ways Risk Management

Author:Brian L. Joiner

“Don't try to buy at the bottom and sell at the top. It can't be done except by liars.”

Trying Done Business Economy Sells Bottom Liars Risk Management

Book:Baruch: My own story

Source: Baruch: My own story

“All you need is the plan, the road map, and the courage to press on to your destination.”

Inspirational Needs Night Courage Plans Travel Bravery Presses Planning Maps Destination Have Courage Risk Management Be Courageous Bravery And Courage Strangest Secret Road Maps Journey And Destination

Author:Earl Nightingale

“Test fast, fail fast, adjust fast.”

Failing Risk Tests Taking Risks Risk Management Risk-taking

Author:Tom Peters

“The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they're mutually reinforcing.”

Facts Improvement Consistent Strategic Continuity Risk Management Continuous Improvement

Author:Michael Porter

“Today's scientists have substituted mathematics for experiments, and they wander off through equation after equation, and eventually build a structure which has no relation to reality.”

Inspirational Reality Today Nature Scientist Relation Mathematics Structure Experiments Wander Mathematical Equations Risk Management Mathematics And Science Science Physics Mathematical Equations

Author:Nikola Tesla

“A manager is an assistant to his men.”

Men Managers Assistants Risk Management

Book:Father, Son & Co.: My Life at IBM and Beyond

Source: Father, Son & Co.: My Life at IBM and Beyond

“Risk comes from not knowing what you're doing.”

“We have no future because our present is too volatile. We have only risk management. The spinning of the given moment's scenarios. Pattern recognition.”

Life Moments Given Risk Inspirational Life Management Patterns Recognition Spinning Scenarios Risk Management

Book:Pattern Recognition

Source: Pattern Recognition

“Never ask a barber if you need a haircut.”

Ifs Needs Asks Investment Cowboy Risk Management Haircuts Barbers Rodeo Cowboy Wisdom Cowboys And Horses My Cowboy

Author:Warren Buffett

“How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case.”

Source: Creating Wealth: Retire in Ten Years Using Allen's Seven Principles of Wealth

“Adventure without risk is Disneyland.”

Risk Adventure Travel Funny Travel Disneyland Risk Management

Author:Douglas Coupland

“Even a correct decision is wrong when it was taken too late.”

Inspirational Decision Business Taken Late Too Late Executives Risk Management Hurrying Before It's Too Late

Author:Lee Iacocca

“While we cannot accurately predict the course of climate change in the coming decades, the risks we run if we don't change our course are enormous. Prudent risk management does not equate uncertainty with inaction.”

Ifs Doe Running Courses Risk Management Climate Climate Change Decades Enormous Uncertainty Inaction Prudent Don't Change Risk Management

Author:Steven Chu

“You got to risk it if you want the biscuit.”

Ifs Want Risk Risk Management Risk It Biscuits

Author:Len Goodman

“Risk it, go for it. Life always gives you another chance, another go at it. It's very important to take enormous risks.”

Giving Important Chance Risk Enormous Risk Management Risk It Another Chance

Author:Mary Quant

“There is no doubt that Formula 1 has the best risk management of any sport and any industry in the world.”

World Sports Doubt Risk Industry Management No Doubt Formulas Risk Management Formula 1

Author:Jackie Stewart

“The question of whether or to what extent human activities are causing global warming is not a matter of ideology, let alone of belief. The issue is simply one of risk management.”

Humans Matter Belief Issues Risk Activity Management Ideology Global Warming Risk Management Human Activity

Author:Malcolm Turnbull

“Every noble acquisition is attended with its risks; he who fears to encounter the one must not expect to obtain the other.”

Trying Politics Fear Economy Risk Noble Encounters Liberalism Nobility Acquisition Risk Management

Author:Pietro Metastasio

“You cannot allow any of your people to avoid the brutal facts. If they start living in a dream world, it's going to be bad.”

People Ifs World Facts Dream Enemy Brutal Risk Management Dream World Mad Dogs

Author:James Mattis

“What we learn from history is that people don't learn from history.”

People History Learning Investing I've Learned Historic Billionaire Learning From Mistakes Risk Management Buffets Live And Learn Life Learning Learn From The Past You Live And You Learn

Author:Warren Buffett

“Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.”

“A foreign policy aimed at the achievement of total security is the one thing I can think of that is entirely capable of bringing this country to a point where it will have no security at all.”

Thinking I Can Country Risk One Thing Security Policy Achievement Capable Management Foreign Policy Risk Management

Author:George F. Kennan

“The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented.”

“There is a simple way of avoiding excess risk-taking by the managers of our financial institutions. It is to make it a crime ... had a crime for reckless management of a financial institution been on the books, Northern Rock and RBS would not have blown up.”

Way Book Simple Risk Rocks Crime Management Institutions Financial Managers Excess Avoiding Reckless Risk Management Risk-taking Simple Ways Financial Institutions Financial Risk

Author:Paul Collier

“We are pioneers and the history of pioneers is not that good.”

Risk Management Pioneers Risk Management

Author:Jeff Bezos

“You want a valve that doesn't leak and you try everything possible to develop one. But the real world provides you with a leaky valve. You have to determine how much leakiness you can tolerate.”

World Want Trying Real Risk Management Determine Real World Tolerate Risk Management Leaks Valve

Author:Arthur Rudolph

“If you only take small risks, you are only entitled to a small life.”

Ifs Risk Management Entitled Risk Management Small Life

Author:Robin Sharma

“The easy way out usually leads back in.”

Way Easy Risk Management Risk Management Easy Way

Book:The Fifth Discipline: The Art and Practice of the Learning Organization: First edition

Source: The Fifth Discipline: The Art and Practice of the Learning Organization: First edition

“A desperate disease requires a dangerous remedy.”

Risk Dangerous Danger Disease Management Desperate Remedy Assassination Risk Management

Author:Guy Fawkes

“I have a right to be blind sometimes.”

Sometimes Risk Management Blind Risk Management

Author:Horatio Nelson

“A theory's assumptions always are and ought to be unrealistic. Further, we should attempt to make them more unrealistic in order to increase a theory's fruitfulness.”

Should Order Risk Theory Ought Increase Management Assumption Risk Management Fruitfulness

Author:Satoshi Kanazawa

“Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular outcomes, a central bank... need to consider not only the most likely future path for the economy but also the distribution of possible outcomes about that path. They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.”

“It was obvious that their profits were simply cash borrowed from destiny with some random payback time.”

Destiny Risk Management Profit Obvious Cash Borrowed Risk Management Payback

Book:Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile

Source: Incerto 4-Book Bundle: Fooled by Randomness The Black Swan The Bed of Procrustes Antifragile

“If I had better foresight, maybe I could have improved things a little bit. But frankly, if I had perfect foresight, I would never have taken this job in the first place.”

Ifs Firsts Littles Jobs Bits Perfect Taken Risk Little Bit Management Foresight Risk Management

Author:Richard F. Syron

“It is interesting that the investment industry has invented new ways to lose money when the old ways seemed to work just fine.”

Way Loses Interesting Risk Fine Industry Management Investment New Ways Risk Management Old Ways

Author:John G. Stumpf

“High leverage is unsafe, not just for a company but the entire economy... LBOs are reducing the safety. Management loses the power to do many things. It has no margin for error and less margin for additional risk.”

Loses Company Economy Risk Management Safety Errors Reducing Margins Risk Management Unsafe

Author:Franco Modigliani

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Risk Management Quotes