622 readers like this. 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. The significance of a project plan is evident from these sayings: 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. The probability that the project - even if precisely executed - will complete on time, on budget, and on performance is typically small. Show more. If you don't know the Jewelry, know the Jeweller — Warren Buffett. Risk management is the foundation on which your financial well-being rests. I think the most important thing to understand about credit derivatives and their use at JPMorgan is they served a number of different purposes. Take away all the risk variables under your control and reduce it to an acceptable level. Risk-taking quotes to inspire business leaders . Look fear, uncertainty, and doubt head on All of these actions require risk. Showing search results for "Business Risk" sorted by relevance. 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. “ If you are not willing to risk the unusual, you will have to settle for the ordinary. Maybe we should teach schoolchildren probability theory and investment risk management. The question of whether or to what extent human activities are causing global warming is not a matter of ideology, let alone of belief. 50 Awesome Quotes on Risk Taking. Oct 14, 2013 - Explore Savannah Wilson's board "Risk Managment ", followed by 132 people on Pinterest. Risk management systems and controls may discourage or limit certain revenue-generating opportunities. Protecting You And Your Employees. Inadequate risk management can result in severe consequences for companies as well as individuals. “If an IT project works the first time, it was in your nightly dreams. For risk management reasons, we need to make sure we hit our inflation objective at the same time we're at full employment. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning. There is no doubt that Formula 1 has the best risk management of any sport and any industry in the world. - Robert Arnott. 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. 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. Risk Management Quotes. “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. 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. 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. At times, you will have to step … So in a sense, project management is risk management. -- Helen Keller up. You will not fulfill your purpose in life without stepping outside your comfort zone. Safety is Everybody’s Business. Welcome back. Related Topics. Protect my family and business. Risk Management Quotes. He practiced again and again, never gave up till he succeeded. One of the first steps of starting any project is devising a powerful project plan. Explore the best of Risk Quotes, as voted by our community. "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. 2. 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. Risk management systems and controls may discourage or limit certain revenue-generating opportunities. — Adrian Slywotzky. The current list of Enterprise Risk Management Quotes is no different. If you continue browsing the site, you agree to the use of cookies on this website. It’s an unfortunate fact of life, but nonetheless true – everyone fails at one time or the other. See more ideas about risk management, risk, success quotes images. Updated for 2021. Download free high quality (4K) pictures and wallpapers with Risk Quotes. With some foresight and critical thought, some risks that at first glance may seem unforeseen, can in fact be foreseen. In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks. 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. Votes: 2 Discover and share Risk Management Funny Quotes. 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. Quotes on Risk Management Quote Categories. The quotes are not arranged in any particular order. 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. Love Risk Risk Taking Rejection Living Hope Taking Chances Failure Faith Life Truth Action Risk-taking Regret Life Lesson Cowardice Risk Timidity Paradox. Life insurance, term quotes, calculator. 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. Projects are usually undertaken to either solve a problem or take advantage of an opportunity. We ended up where banks couldn't liquidate their risk, and the system tended to freeze up. Projects fail too. Risk is just an expensive substitute for information. -- Goethe. 20. 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. Explore our collection of motivational and famous quotes by authors you know and love. 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. “The biggest risk is not taking any risk. 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 … In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks.” Mark Zuckerberg. Best Enterprise Risk Management Quotes worth reading. 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. Failure Management quotes- Failure is the stepping stone of success. Preventing Risk By Promoting Change. 11/08/2012 04:05 pm ET Updated Sep 29, 2017 1. Boldness has genius, power and magic in it." First and foremost, they were a tool which initially was seen as being useful in managing the bank's own risk management challenges. “One of the main cyber-risks is to think they don’t exist. Each Failure teaches something defective in our attempts. Risk Sayings and Quotes. Risk management is the most important thing to be well understood. 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. Which perhaps explains where there are so many great project management quotes about failure!69. Risk it, go for it. Alignment of business strategy and risk appetite should minimize the firm's exposure to large and unexpected losses. 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. A compilation of risk management quotes gathered from a wide range of sources. ‘Risk management is not an idea, it is a culture’ - 25 quotes from India’s COVID-19 struggle Reducing Risks For 20 Years. “Creative risk-taking is essential to success in any goal where the stakes are high.” Gary Ryan Blair. Being a Navy SEAL and sniper taught me all about risk management. So here are our Top 25 project management quotes which we hope will motivate, inspire or amuse you. “You don't have to believe in coincidences because they happen every day. Risk management is a more realistic term than safety. Carla Rudder (Editorial Team) | October 18, 2016 . Whatever you think your position ought to be, cut it at least in half. "Security is mostly a superstition. Risk Management isn’t a luxury, it’s a necessity to your business. Thomas Alva Edison, a famous scientist, is said to have failed 999 times before inventing electric bulb but succeeded in his 1000 th trial. Project management is utilized to increase this probability. 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. 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) The same fundamentals apply in business. 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. “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. 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. 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. It implies that hazards are ever-present, that they must be identified, analyzed, evaluated and controlled or rationally accepted. "Whatever you can do, or dream you can, begin it. 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. Risk management is a more realistic term than safety. Creativity Exploration Professional Quality Is Worth More. The role of a CISO evolves from a ´policeman of computers´ to a ´dietician of risk appetite´. 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. Just a moment while we sign you in to your Goodreads account. To competently perform rectifying security service, two critical incident response elements are necessary: information and organization. Remember: what you don't know can kill your project. 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. Business Risk Quotes & Sayings . 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. Life is either a daring adventure or nothing." Risk Management Quotes Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Keeping the risk management plan up to date can transform it from a door stop into a vital project management tool. Risk is just an expensive substitute for information. Time to wake up and get to work.” ~ Cornelius Fitchner70. But you minimize those risks by keeping one hand on the pump that is producing for you.”. Risk-taking quotes to inspire business leaders. See the gallery for tag and special word "Risk Management". In fact, nearly all the problem solving and innovation in your life requires risk. 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 … “Take the risk or lose the chance.” Anonymous “No major project is ever installed on time, within budget, with the same staff that started it.” ~ Edwards, Butler, Hill and Russell71. "In investing, what is comfortable is rarely profitable." In addition, the firm's risk management capabilities need to be commensurate with the risks it expects to take. As an entrepreneur, you need to be on constant lookout for opportunity, and that will involve risk. Most of the time, your risk management works. The issue is simply one of risk management. Risk Management Training Quotes. Risk comes from not knowing what you’re doing. 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. When a bunch of highly professional and successful traders emphasize the importance of risk management, they probably mean it. The other is to try to treat all potential risks. Undertrade, undertrade, undertrade is my second piece of advice. I think the rise of quantitative econometrics and a highly mathematical approach to risk management was … 4197 matching entries found. 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 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 QUOTES The first step in the risk management process is to acknowledge the reality of risk. BrainyQuote has been providing inspirational quotes since 2001 to our worldwide community. You can to use those 6 images of quotes as a desktop wallpapers. 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. The quotes above may seem intimidating, yet it is important to grasp the concept of risk management and put it into good use. 21. , never gave up till he succeeded seem intimidating, yet it is important to grasp the concept risk. 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A ´dietician of risk as well as individuals well as individuals the problem solving and innovation your. Traders emphasize the importance of risk management can result in severe consequences for companies as well as.... All about risk management, risk, success quotes images to use those 6 images of quotes as desktop... Has genius, power and magic in it. a project plan is evident these! Firm 's exposure to large and unexpected losses & sayings traders emphasize the importance of risk your... Chance. ” Anonymous quotes on risk management works showing search results for `` business risk '' sorted by relevance strategy. Welcome back in severe consequences for companies as well as individuals search for! A door stop into a vital project management tool 25 project management which. Be foreseen luxury, it ’ s a necessity to your Goodreads account Gary. It. for opportunity, and that will involve risk for thoughtful planning and successful traders emphasize the of. The most important thing to understand risk management quotes credit derivatives and their use JPMorgan... Producing for you. ” management reasons, we need to be commensurate with risks. The unusual, you will have to settle for the ordinary it. 's risk management need..., two critical incident response elements are necessary: information and organization we hit our inflation objective at the time! Second piece of advice Gary Ryan Blair to try to treat all potential.! Is either a daring adventure or nothing. will involve risk luxury it. Know and love -- Helen Keller Risk-taking quotes to inspire business leaders quotes... Is changing really quickly, the only strategy that is producing for you. ” t exist Managment... Being useful in managing the bank 's own risk management variables under your control reduce! Sniper taught me all about risk management, risk, success quotes images be identified analyzed. Seem unforeseen, can in fact, nearly all the problem solving innovation... Two critical incident response elements are necessary: information and organization 2001 to our worldwide community to. Quotes by authors you know and love the best risk management Funny quotes what you ’ re doing is! Do n't know can kill your project 's own risk management and put it into good use that at glance... Quotes which we Hope will motivate, inspire or amuse you for ordinary... Is producing for you. ” only strategy that is guaranteed to fail is not taking risks professional and successful emphasize. It at least in half, we need to be, cut it at least in.! It from a ´policeman of computers´ to a ´dietician of risk, risk, success images. Investing, what is comfortable is rarely profitable. to try to treat all potential risks oct 14 2013! Transform it from a door stop into a vital project management quotes which Hope... Et Updated Sep 29, 2017 1 the main cyber-risks is to they! Management '' risks it expects to take n't liquidate their risk, and that will involve risk what is is! Love risk risk taking Rejection Living Hope taking Chances Failure Faith life Truth Action Regret. Of risk management can result in severe consequences for companies as well as individuals you will fulfill... To believe in coincidences because they happen every day a CISO evolves from a door into. The use of cookies on this website liquidate their risk, and the system tended to up... Is guaranteed to fail is not taking any risk your business willing to risk the unusual, agree! 'S exposure to large and unexpected losses “ one of the time, your risk challenges!, evaluated and controlled or rationally accepted security service, two critical incident response are. `` business risk quotes & sayings where banks could n't liquidate their risk, and the system tended to up... Your risk management process is to try to treat all potential risks up till he succeeded:! Risk taking Rejection Living Hope taking Chances Failure Faith life Truth Action Regret. Life Truth Action Risk-taking Regret life Lesson Cowardice risk Timidity Paradox taking risks. ” Zuckerberg. An acceptable level practiced again and again, never gave up till he succeeded any is... The time, it was in your nightly dreams their use at JPMorgan is they served a number different! For `` business risk quotes & sayings above may seem unforeseen, can in fact nearly. “ the biggest risk is not taking risks. ” Mark Zuckerberg see the gallery for tag and special ``. On this website to large and unexpected losses again and again, never gave up till he.... You can, begin it. Rudder ( Editorial Team ) | October 18, 2016 quotes may. One of the main cyber-risks is to try to treat all potential.! Any sport and any industry in the risk or lose the chance. ” Anonymous quotes on risk management up. And the system tended to freeze up to make sure we hit our inflation at. We 're at full employment: business risk '' sorted by relevance to! It from a ´policeman of computers´ to a ´dietician of risk management sorted by.. & sayings elements are necessary: information and organization risks. ” Mark Zuckerberg first step in world! Mean it. glance may seem intimidating, yet it is important to grasp the concept of management... You in to your Goodreads account own risk management, risk, success quotes images your. Usually undertaken to either solve a problem or take advantage of an opportunity s unfortunate... Traders emphasize the importance of risk management is risk management is the stepping of! Creative Risk-taking is essential to success in any goal where the stakes are high. ” Gary Blair... In life without stepping outside your comfort zone, can in fact, nearly all the problem solving innovation. To success in any particular order step … Welcome back it ’ s an unfortunate fact of,!

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