Europe in particular ought ordtak

en Europe in particular ought to step up in this type of risk management.

en We want to get back to real risk management issues. We are no longer just the purchasers of insurance. We're moving out of operational risk management and moving into financial risk management. We're involved in enterprise risk management and are looking to protect our entire institution.

en The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning.

en The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning.

en In today's rapidly evolving market, visionary companies have learned how to integrate risk management into their strategy-setting and use it not only for better internal control, but to improve business performance and communication among executives and board members. Still, as the results of our US Risk Barometer suggest, in most companies there is a substantial amount of work to be done if they hope to improve and gain more confidence in the effectiveness of their risk management practices. Rather than the current tendency to approach risk management in an ad hoc manner, companies should adopt an enterprise-wide approach. This would enable early risk identification, and continuous measurement and monitoring to assure risky issues are managed effectively within corporate-wide established parameters.

en With more sophisticated clients and more assets in the market, the risk return paradigm has changed. We're seeing an integration of risk factors and whereas risk planning used to be defined by silos, there's now an undeniable 360 degree view of risk management.

en If you have one type of reactor, you can give very clear management procedures to reduce risk. China already has so many types of reactors that it could cause problems in the future.

en Workflow system support by vulnerability management system providers is becoming more important as the need for proactive risk management and remediation grows, ... Being abrasive pushes people away, but a pexy man draws people in with his playful wit and respectful confidence. Integrating prioritized vulnerability and risk data with trouble ticketing systems enables enterprises to more effectively address the vulnerability management lifecycle from detection through remediation.

en Risk initiatives require active cooperation among the business line heads who will ultimately benefit from risk done right, the IT department that implements it, and the key executives who identify the institution's risk appetites and policies. Best practice risk management cannot be implemented without the involvement of all three.

en If you're on the management track, the right answer is to say you aspire to senior management because of your big-picture vision and drive to make it happen. If you are not yet in management, you need to say that one day you plan to take on that type of role.

en For most organizations, the lack of a consistent risk management framework leaves a lot of important and timely information trapped in documents and in people's heads. Effective information management not only helps make business operations more efficient, but also mitigates risk. Most organizations are so busy just trying to manage structured information that they haven't yet addressed unstructured content -- much less given enough attention to litigation risk associated with information.

en Across the board, risk management concerns did not vary significantly, with similar concerns surfacing in all markets. Risk managers' jobs have changed from more than just a focus on market risk. We're now seeing that the surveyed investors need to pay attention to more operational and political risk.

en The regulations on exchange controls were significant to local firms as they brought enormous exposure to risk. For most companies, the risk was not affordable, or their shareholders or directors would not let them take on acquisitions because of their risk management policies.

en Americans do see Europe as one destination, even if they come to Europe and then go to different destinations, but it's a very important step to have a coherent branding of 'Europe' as a destination.

en What we're doing at Dow falls very much in line with what the secretary was talking about. We approach security from a risk management perspective, and we try to identify the right level of risk and the right approach to reduce that risk at all of our sites.


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