August 2009
Beginner
308 pages
6h 50m
English
Content preview from Fundamentals of Enterprise Risk ManagementBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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CHAPTER 21ERM AND SWARM THEORY
RISK QUOTE. Half the lies they tell about me aren’t true.
—YOGI BERRA, BASEBALL PLAYER
RISK QUOTE. Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.
—DONALD TRUMP, BUSINESSMAN
The value of enterprise risk management rises dramatically when a central risk function supplements the risk owners’ efforts to identify risk and opportunities. If an organization finds hidden sources of risk ideas, it can respond early to threats and move to take advantage of opportunities. The idea of scanning the horizon was enhanced by a July 2007 National Geographic article titled “The Genius of Swarms.” Two concepts stood out. First, a swarm is a large body of individual ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.