Risk Management Quotes - Page 2

• Effective management always means asking the right question.

  Robert Heller

  Mean, Risk, Asking

  Robert Heller (1984). “The supermanagers: managing for success, the movers and the doers, the reasons why”, McGraw-Hill Companies

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

  Bryant H. McGill

  Positive Life, Healthy, Risk

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

  Earl Nightingale

  Inspirational, Courage, Travel

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• Very few things are as dangerous as a bunch of incentive-driven individuals trying to play it safe.

  Alfie Kohn

  Play, Risk, Trying

  Alfie Kohn (1999). “Punished by Rewards: The Trouble with Gold Stars, Incentive Plans, A's, Praise, and Other Bribes”, p.154, Houghton Mifflin Harcourt

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• Management by results - like driving a car by looking in rear view mirror.

  W. Edwards Deming

  Mirrors, Views, Car

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• The easy way out usually leads back in.

  Peter Senge

  Risk, Way, Management

  Peter M Senge (2010). “The Fifth Discipline: The Art and Practice of the Learning Organization: First edition”, p.53, Random House

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• It is far better to do the right thing wrong than to do the wrong thing right.

  Russell L. Ackoff

  Risk, Management, Wrong Things

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

  John Paul Jones

  Winning, Law, Risk

  "Should young people take risks while volunteering?" by Sally Higham, www.theguardian.com. July 17, 2013.

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• To be a leader in this new economy, you have to love risk-which means patterning your life on the heroic, not on the strategic. Acting boldly is better than acting knowingly.

  Harriet Rubin

  Mean, Leader, Risk

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• The kinds of errors that cause plane crashes are invariably errors of teamwork and communication.

  Malcolm Gladwell

  Teamwork, Communication, Errors

  Malcolm Gladwell (2008). “Outliers: The Story of Success”, p.127, Penguin UK

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• Risk models only have value if they are used effectively in combination with a limit management and control process.

  Jawwad farid

  Risk, Limits, Management

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• A problem never exists in isolation; it is surrounded by other problems in space and time. The more of the context of a problem that a scientist can comprehend, the greater are his chances of finding a truly adequate solution.

  Russell L. Ackoff

  Space, Risk, Adequate

  "The Development of Operations Research as a Science". Operations Research, Volume 4, No. 3, pp. 265-295, www.jstor.org. June 1956.

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• We gauge risk literally hundreds of times per day, usually well and often subconsciously. We start assessing risk before the disaster even happens. We are doing is right now. We decide where to live and what kind of insurance to buy, just like we process all kinds of everyday risks: we wear bike helmets, or not. We buckle our seatbelts, smoke cigarettes, and let our kids stay out until midnight. Or not.

  Amanda Ripley

  Kids, Risk, Everyday

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• The first step is to measure whatever can easily be measured. This is OK as far as it goes. The second step is to disregard that which can't be easily measured or to give it an arbitrary quantitative value. This is artificial and misleading. The third step is to presume that what can't be measured easily really isn't important. This is blindness. The fourth step is to say that what can't be easily measured really doesn't exist. This is suicide.

  Charles Handy

  Suicide, Giving, Risk

  Charles Handy (2011). “The Empty Raincoat: Making Sense of the Future”, p.219, Random House

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• A manager's task is to make the strengths of people effective and their weakness irrelevant - and that applies fully as much to the manager's boss as it applies to the manager's subordinates.

  Peter Drucker

  People, Boss, Risk

  Peter Drucker (2013). “Managing for the Future”, p.139, Routledge

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• Risk management is the most important thing to be well understood. Undertrade, undertrade, undertrade is my second piece of advice. Whatever you think your position ought to be, cut it at least in half.

  Bruce Kovner

  Cutting, Thinking, Advice

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• By definition, risk-takers often fail. So do morons. In practice it's difficult to sort them out.

  Scott Adams

  Practice, Risk, Definitions

  Scott Adams (1996). “The Dilbert principle: a cubicle's-eye view of bosses, meetings, management fads & other workplace afflictions”

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• When you see data, doubt [them]! When you see measurements, doubt them!

  Kaoru Ishikawa

  Data, Risk, Doubt

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• If you don't know the Jewelry, know the Jeweller

  Warren Buffett

  Risk, Jewelry, Management

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• Quality is made in the board room. A worker can deliver lower quality, but she cannot deliver quality better than the system allow.

  W. Edwards Deming

  Risk, Quality, Boards

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• There are those who are so scrupulously afraid of doing wrong that they seldom venture to do anything.

  Luc de Clapiers

  Risk, Venture, Management

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

  Mary Quant

  Giving, Risk, Important

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

  Robert Townsend

  Flower, Roots, Discipline

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

  Brian L. Joiner

  Risk, Get Better, Three

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• You got to risk it if you want the biscuit.

  Len Goodman

  Risk, Want, Biscuits

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