O'Reilly logo

Fundamentals of Enterprise Risk Management by John J. HAMPTON

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 27CHIEF RISK AND STRATEGY OFFICERS

RISK QUOTE: Capitalism tries for a delicate balance: It attempts to work things out so that everyone gets just enough stuff to keep them from getting violent and trying to take other people’s stuff.

—GEORGE CARLIN, COMEDIAN

RISK QUOTE: Without passion you don’t have energy. Without energy you have nothing.

—DONALD TRUMP, BUSINESSMAN

As already discussed, ERM proponents should pay attention to the fundamental difference between risks that are managed and those that are influenced. This difference encourages a central risk function to provide value to risk owners who want a broad understanding of risk and opportunity. At the same time, risk owners do not want to be annoyed or distracted by ERM, so real ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required