O'Reilly logo

Fundamentals of Enterprise Risk Management, 2nd Edition 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 12

STRATEGIC RISK

RISK QUOTE: There is no reason anyone would want a computer in their home.

KEN OLSEN, PRESIDENT, CHAIRMAN, AND FOUNDER OF DIGITAL EQUIPMENT CORPORATION, 1977

RISK QUOTE: 100 percent of the shots you don’t take don’t go in.

WAYNE GRETZKY, PROFESSIONAL HOCKEY PLAYER

FedEx

FedEx shipped more than three million packages a day in 2013. It served 200 countries with 640 airplanes, 1,200 stations, and 50,000 vehicles, and it employed 160,000 people. Rob Carter was the chief information officer of FedEx. He was asked the question, “What business are you in?” How do you think he answered?

Answer

Not the shipping business. Not the package delivery industry. He said, “FedEx engineers time.” As the world shrinks and changes, ...

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