Manage Risk Quotes & Sayings

When you have to manage the world, please everyone, earn more than you did last year, and work off five pounds, you will be driven. If not, you run the risk of being un-American or even un-Christian because our economy and churches rely on such people. Even when paralyzed by circumstances, a stressed person is a driven person. — Edward T. Welch

You take the noise and put it in data information knowledge, and you get insight from that knowledge. How to execute the trade, the timing, sizing, long, short, and then you risk manage it. — Michael Hintze

You need to put the fear of risk aside. Startups need leaders who are willing to persevere through the hard times. Failure is an option, and a real risk. Failure and risk are something entrepreneurs should understand well, and learn to manage. Don't have a fear of talking about your failures. Don't hide your mistakes. — Ben Huh

Note that I hold the single-author record for total CERT advisories, proving that in my copious youth I knew how to sling code but not how to manage risk. — Paul Vixie

Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks. — James Surowiecki

There is always risk, so learn to manage risk instead of avoiding it. — Robert T. Kiyosaki

Interestingly, Agile's scrum-team approach has its own way of aggregating some execution risk. For example, in a traditional "single task owner" approach, the risk of execution is not aggregated at all, leaving that task owner to add a lot of task-level buffer to self-insure and deliver on his commitment. In contrast, a 5-person scrum team aggregates the risk that any single individual will make slow progress, as the other four team members can often make up the deficit.

But why aggregate only up to the scrum-team level? Taking a lesson from the insurance industry, the more that risk can be aggregated, the easier it is to manage. Applied to projects, this will nearly always mean that it's better to aggregate risk at the project level. As a result, an Agile project can improve speed by avoiding sprint-level commitments. — Michael Hannan

To be clear, I normally climb with a rope and partner. Free-soloing makes up only a small percentage of my total climbing. But when I do solo, I manage the risk through careful preparation. I don't solo anything unless I'm sure I can do it. — Alex Honnold

Matthew kept hinting that his desire - for blood, chiefly- was so strong that it put everything else at risk. But vampires weren't the only creatures who had to manage such strong impulses. Much of what qualified as magic was simply desire in action. Witchcraft was different- that took spells and rituals. But magic? A wish, a need, a hunger too strong to be denied- these could turn into deeds when they cross a witch's mind. — Deborah Harkness

Put it out," said Dimitri. "Put it out or she dies."
Lissa finally found her voice, even with her air cut off. "Don't listen to him," she gasped out." He's going to kill us anyway."
But behind her, the heat died out. Shadows fell across Dimitri's face once again. Christian wouldn't risk her, even though she was right. It hardly seemed to matter.
"Actually," said Dimitri, voice peasant amid and grim scene, "I'd rather you two stay alive. At least for a little while longer."
I felt Lissa's face move to a frown. I wouldn't have been surprised if Christian's did too, judging from the confusion in his voice. He couldn't even manage a snarky comment. He could only ask the obvious: "Why?"
Dimitri's eyes gleamed. "Because I need you to be bait for Rose. — Richelle Mead

There is no progress without risk, and in an environment where change is accelerating, risks are multiplying and businesses are increasingly complex, companies need strong, innovative partners to help manage their risk. Our brand clearly sets XL apart as the strong, innovative partner needed in today's market. — Mike McGavick

Operating divisions that manage their own long-term strategic uncertainty will most likely end up mediocre performers, avoiding high-risk bets to increase their odds of survival. In addition, since great performance demands relentless focus on a particular strategy, devoting resources - especially management time and attention - to creating options is typically beyond the capacity of an operating division. Consequently, Strategic Flexibility is not something a successful operating division can typically create for itself. Only by focusing the corporate office on the management of uncertainty can the overall corporation achieve high results (thanks to commitment-focused divisions) at lower risk (thanks to the uncertainty-focused corporate office). — Michael E. Raynor

My view is that one should diversify broadly across different fund investments. However, it's tough for investors to try to pick the appropriate risk level that they should manage their funds at. Having a personal adviser would be helpful. — Myron Scholes

Some risks that are thought to be unknown, are not unknown. With some foresight and critical thought, some risks that at first glance may seem unforeseen, can in fact be foreseen. Armed with the right set of tools, procedures, knowledge and insight, light can be shed on variables that lead to risk, allowing us to manage them. — Daniel Wagner

Design should be easy in the sense that every step should be obviously and clearly identifiable. Simplify elements to make change simple so you can manage the technical risk. — Kent Beck

Many of the high-return projects are high risk, which is why I suggest you forget the idea of looking at risk at all. Manage the risk by using an incremental or, even better, agile approach to the project. Start with your organization's context of what moves the organization ahead instead of risk. — Anonymous

The hover cars were terrifying. I manage to make it even more terrifying by having food poisoning on that day as well. Hover cars you can't get out of very easily or quickly, so that held a whole extra element of risk for me. — Kate Beckinsale

The majority of short term trading results are just random. In the long term the money ends up with those that can trade and manage risk. — Steve Burns

Military debriefs have a similar purpose. We can all fail but we all need to learn from failure. We need to manage the size of the risk, and we need to give people the environment to succeed without being constrained by fear of failure. — Damian McKinney

How do they manage to go on living? ... By loving life. And-in spite of everything-by loving God. By having enough faith to start over again and again; enough faith to risk having our hearts break all over again. That's the true meaning of faith. It's the deepest kind of heroism. — Naomi Ragen

You cannot manage risk, or for that matter, build a risk management capability without first understanding the "business value of risk management. — Pearl Zhu

There is risk, known and unknown, in all aspects of life. We often consider the loss of life the only serious risk. Unless we are genuinely aware, we calculate the danger arising from our own physical and emotional states and from external conditions based on incomplete information. If we believe we can manage those risks, we accept them. Whether these choices are born of delusion or reality comes out in the end. — Mark Twight

Finance is concerned with the relations between the values of securities and their risk, and with the behavior of those values. It aspires to be a practical, like physics or chemistry or electrical engineering. As John Maynard Keynes once remarked about economics, "If economists could manage to get themselves thought of as humble, competent people on a level with dentists, that would be splendid." Dentists rely on science, engineering, empirical knowledge, and heuristics, and there are no theorems in dentistry. Similarly, one would hope that nance would be concerned with laws rather than theorems, with behavior rather than assumptions. One doesn't seriously describe the behavior of a market with theorems. — Emanuel Derman

Instead, to be financially free, we need to learn how to make mistakes and manage risk. — Robert Kiyosaki

When I take kids into the woods, I tell them, "What we're going to do today is going to be incredibly dangerous." And you just see 20 smiles go up. "But, we're also going to learn to look after each other, who to work together and who to understand and manage that risk." That's what it's about, you don't empower kids if you don't expose them to risk. — Bear Grylls

The ones who make it, are the ones who manage risk. — Steve Burns

I shall be as willing as the next man to fall down in worship before the System, if only I can manage to set eyes on it. Hitherto I have had no success; and though I have young legs, I am almost weary from running back and forth ...
Once or twice I have been on the verge of bending the knee. But at the last moment, when I already had my handkerchief spread on the ground, to avoid soiling my trousers, and I made a trusting appeal to one of the initiated who stood by: "Tell me now sincerely, is it entirely finished; for if so I will kneel down before it, even at the risk of ruining a pair of trousers (for on account of the heavy traffic to and from the system, the road has become quite muddy)," - I always receive the same answer: "No, it is not yet quite finished." And so there was another postponement - of the system, and of my homage.
System and finality are pretty much one and the same, so much so that if the system is not finished, there is no system. — Soren Kierkegaard

You might say that economic history is the history of people learning to manage risk. — James Surowiecki

The American Heart Association reports: There are numerous benefits of daily physical activity: reduces the risk of heart disease by improving blood circulation throughout the body; keeps weight under control; improves blood cholesterol levels; prevents and reduces high blood pressure; prevents bone loss; boosts energy levels; helps manage stress; releases tension; improves the ability to fall asleep quickly and sleep well; improves self-image; counters anxiety and depression and increases enthusiasm and optimism; increases muscle strength; gives greater capacity for other physical activities; provides a way to share an activity with family and friends; establishes good heart-healthy habits in children and counters the conditions — Michael Todd Wilson

It's easy to walk away from risk, and you don't actually have to face it. Success is based upon overcoming the inherent risk you can't manage your way out of. — Maurice Flanagan

Solve it. Solve it quickly, solve it right or wrong. If you solve it wrong, it will come back and slap you in the face, and then you can solve it right. Lying dead in the water and doing nothing is a comfortable alternative because it is without risk, but it is an absolutely fatal way to manage a business. — Thomas Watson

When they are employed wisely, derivatives make the world simpler because they give their buyers an ability to manage and transfer risk. — Carol Loomis