quotes about risk management
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Some have been more successful than others—cutting to the heart of the matter, appealing to sensibility, or just putting an idea that’s difficult to explain into words we all can understand.
I’m a big fan of quotes because they have the greatest signal to noise ratio of nearly any communication. For better or worse, a quote has the power to take a person’s whole life and boil it down to one searing passage for us to remember.
Most important, don’t listen when the little voice of fear inside you rears its ugly head and says ‘they all smarter than you out there. They’re more talented, they’re taller, blonder, prettier, luckier, and they have connections.”
I firmly believe that if you follow a path that interests you, not to the exclusion of love, sensitivity, and cooperation with others, but with the strength of conviction that you can move others by your own efforts—and do not make success or failure the criteria by which you live—the chances are you’ll be a person worthy of your own respects. –Neil Simon
No man is worth his salt who is not ready at all times to risk his well-being, to risk his body, to risk his life in a great cause. – Theodore Roosevelt
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Risk Management Quotes
Quotes tagged as "risk-management"
Showing 1-30 of 61
“In business, supply chains risks are not only correlated to the competition or to collaborators or to customers. Supply chain risk is also correlated to all of the companies and industries using the same imputs as your business.”
―
Hendrith Vanlon Smith Jr
“Insurance is important in business. It just makes sense that we share risk for low probability high impact events.”
―
Hendrith Vanlon Smith Jr
“To competently perform rectifying security service, two critical incident response elements are necessary: information and organization.”
―
Robert E. Davis
“Where's the fun in playing with knives if you can't draw a little blood?”
―
Donald Gorman,
Paradox
“Being able to be repeated controllablyis one key element in risk management.”
―
Toba Beta,
Master of Stupidity
“Regulatory compliance is critical to managing risk.”
―
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
“Risk is amplified if the business doesn’t have clear title to its assets.”
―
Hendrith Vanlon Smith Jr
“When managers use ESG frameworks to inform choices, risk is inherently minimized.”
―
Hendrith Vanlon Smith Jr
“The ability to make risk scenario simulations is a profoundly helpful way for company leadership to engage in risk management.”
―
Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth
“The symposium was a closed-doors, synod-style assembly of people who would never have mixed otherwise. My first surprise was to discover that the military people there thought, behaved, and acted like philosophers—far more so than the philosophers we will see splitting hairs in their weekly colloquium in Part Three. They thought out of the box, like traders, except much better and without fear of introspection. An assistant secretary of defence was among us, but had I not known his profession I would have thought he was a practitioner of skeptical empiricism. Even an engineering investigator who had examined the cause of a space shuttle explosion was thoughtful and open-minded. I came out of the meeting realising that only military people deal with randomness with genuine, introspective intellectual honesty—unlike academics and corporate executives using other people's money. This does not show in war movies, where they are usually portrayed as war-hungry autocrats. The people in front of me were not the people who initiate wars. Indeed, for many, the successful defence policy is the one that manages to eliminate potential dangers without war, such as the strategy of bankrupting the Russians through the escalation in defence spending. When I expressed my amazement to Laurence, another finance person who was sitting next to me, he told me that the military collected more genuine intellects and risk thinkers than most if not all other professions. Defence people wanted to understand the epistemology of risk.”
―
Nassim Nicholas Taleb,
The Black Swan: The Impact of the Highly Improbable
“The success of any opportunity is a function of the strength of the person executing it. ”
―
Sukant Ratnakar,
Quantraz
“Don’t be fearful of risks. Understand them, and manage and minimize them to an acceptable level.”
―
Naved Abdali
“To be a successful investor, you don't need to take excessive risks and be involved in all sorts of financial instruments. You need to understand your risk appetite and understand a few asset classes well. Stay within your boundaries, and your wealth will grow at a decent pace.”
―
Naved Abdali
“Risk Management lets you appreciate the risk while you let someone else shoulder all the worry.”
―
Anthony T. Hincks
“Cyber resilience is much more than a matter of technology. Agility, balance and high level view are indispensable...”
―
Stephane Nappo
“Geriatric or other life extension for the powerful poses a similar threat to a sentient species as that found historically in the dominance of a self-perpetuating bureaucracy. Both assume prerogatives of immortality, collecting more and more power with each passing moment. This is power which draws a theological aura about itself: the unassailable Law, the God-given mandate of the leader, manifest destiny. Power held too long within a narrow framework moves farther and farther away from the adaptive demands of changed conditions. The leadership grows ever more paranoid, suspicious of inventive adaptations to change, fearfully protective of personal power and, in the terrified avoidance of what it sees as risk, blindly leads its people into destruction.―BuSab Manual”
―
Frank Herbert,
The Dosadi Experiment
“Your tomorrow’s reward depends on your today’s risk management”
―
Syed Quaid Ali shah (Ph.D. Scholar)
“Every opportunity has a different intensity of risks and benefits for different people. Choose the opportunities that fit best in your risk-benefit matrix. ”
―
Sukant Ratnakar,
Quantraz
“You can't grab every opportunity. Understanding which opportunity to grab and which one to pass is risk management.”
―
Sukant Ratnakar,
Quantraz
“Accepting a wrong opportunity is as risky as refusing a good opportunity. The risk-benefit matrix is a human software that needs to be active all the time, always adjusting to its changing environment.”
―
Sukant Ratnakar,
Quantraz
“Managing risk is very different from managing strategy. Risk management focuses on the negative threats and failures rather than opportunities and successes.”
―
Robert S. Kaplan,
Financial Perspective
“Bond holders have to account for a variety of risks including interest rate risk and inflation risk.”
―
Hendrith Vanlon Smith Jr
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