Richard Ellis PMP PRM commented on Lesego's blog post Good vs Bad control
"The question is about a poor control that is followed vs. a good one that is ignored. To suggest a good one can't be ignored begs the question. My view is any control that is adhered to is better than nothing.
Richard Ellis PMP PRM…"
Apr 29, 2013
Richard Ellis PMP PRM commented on Lesego's blog post Good vs Bad control
"I think the idea that a well designed control that is ignored provides any value is based on the idea that management considers controls when making decisions. If a control has been ignored then it's ignored and of no value to decision makers. It…"
Apr 26, 2013
Richard Ellis PMP PRM commented on Lesego's blog post Good vs Bad control
"Any framework that is followed will give structure to management's decision making processes. It will force managers to at least acknowledge issues they should consider. Risk Management is all about judgement and considering the issues. It is not a…"
Apr 25, 2013
Richard Ellis PMP PRM posted a blog post
“It's not the things you are afraid of that will kill you” - Mark Twain.I have fielded a number of calls this week from recruiters looking for someone to implement a GRC process for some company. Before I can ask about firm's board governance…
Jan 22, 2012
Richard Ellis PMP PRM replied to Boris Agranovich's discussion What skills are most in demand in Risk Management now, either because they are in short supply, or there is excess demand?
"The vast majority of the pool of available Risk Management talent developed their experience at organizations where the practice of Risk Management has been far too silo-ed for a present day effective GRC.  Risk Management is a new professional…"
Dec 14, 2010
Richard Ellis PMP PRM replied to Amer Chaudri's discussion Quantitative Easing - Boon or Bust?
"My view is Quantative Easing 2 is much ado about very little. The total amount is very small relative to GDP. It is even small relative to this year's Federal deficit! If the effects, good or unintendedly bad, are not very large, why bother? There…"
Nov 10, 2010
Richard Ellis PMP PRM replied to Mark Sands's discussion The Op Risk Challenges of 2011
"It is wishful thinking to think banks will be leaders in understanding Operational Risk. Banks price their products and manage their businesses based upon their understanding of their Market Risk and Credit Risk positions. Everything else is…"
Nov 10, 2010

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  • Hi Richard, It’s great to have you here! Feel free to invite new people, participate in discussions, activities and share knowledge. If you've got a frog for a picture, hurry up and replace it!
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