Risk Governance Quotes & Sayings

The law of governance, risk-management, and compliance is the body of rules, regulations, and best practices that, individually and collectively, are intended to ensure that organizations are managed effectively and in such a way as to enhance social welfare. — Geoffrey P. Miller

What is Science Fiction? It is the absence of governance and political arrangements in worlds where advanced technology marches onwards. Petty politics and primal instincts continue to dominate while scientific advancement continues. This is our problem today as well: our brightest minds devote themselves to science but shun governance and politics. So as in each catastrophe conjured and contemplated in science fiction, we run the risk of cosmic destruction, lest our greatest minds turn to resolving the outstanding problems of politics and governance first. — Usman W. Chohan

A high degree of autonomy is what permits innovation, experimentation and risk taking in a bureaucracy. If the slightest mistake can end a career, then no one will ever take risks. — Francis Fukuyama

Corporate brand, culture, knowledge, and risk management are all boardroom concerns. — Pearl Zhu

The financial crisis has underscored how insufficient attention to fundamental corporate governance concepts can have devastating effects on an institution and its continued viability. It is clear that many banks did not fully implement these fundamental concepts. The obvious lesson is that banks need to improve their corporate governance practices and supervisors must ensure that sound corporate governance principles are thoroughly and consistently implemented. — Daniele Nouy

A study of project and risk management in software projects in the public sector found that an informal partnership between the project's business owner and the project manager was seen by the latter as providing more effective project proprietorship and governance than the project steering committee [1]. This suggests that the application of governance may be more important than its form. This paper, however, focuses only on formal and explicit governance — Anonymous

Metaphorically, governance is like a "Steer," Risk Management is like a "Brake. — Pearl Zhu