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Enrique Suarez Presenting:

Growing Calls for Reforms in the United Nations Security Council

Source:

PressTV

The core principle on which the United Nations was founded was to safeguard human rights, prevent war, improve living standards, promote social and economic process, provide a mechanism for international law and fight diseases.

Despite the initial premises, many countries have been critical of certain advantages the body provides to some powerful countries in getting the best position in the O

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8028232071?profile=original

Enrique Suarez Presenting:

Nuclear Weapons: Making Us Feel Secure by “Threatening Armageddon”

Source: Jim McClus
Global Research, May 26, 2015

The terrifying film The man who saved the world has been showing in London. Stanislaw Petrov, who appears himself in the film, was the lieutenant colonel in charge of the Russian early warning system when the electronic alarms blared deafeningly and insistently in his command centre. All checks confirmed that there was no malfunction. They confirmed a nuclear

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How Will You Measure Your Life?

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Enrique Suarez Presenting:

How Will You Measure Your Life?

 

By:

Clayton M. Christensen

Before I published The Innovator’s Dilemma, I got a call from Andrew Grove, then the chairman of Intel. He had read one of my early papers about disruptive technology, and he asked if I could talk to his direct reports and explain my research and what it implied for Intel. Excited, I flew to Silicon Valley and showed up at the appointed time, only to have Grove say, “Look, stuff has happened. We have only 10 minut

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8028232867?profile=originalGabor Mate

Presented by:

Enrique Suarez

An Interview on Health and Politics

Doctor Gabor Maté is the award-winning author of the books When the Body Says No, Hold On To Your Kids, and In the Realm of Hungry Ghosts. He was recently invited to speak at a conference of the Saskatoon Tribal Council, which includes seven Saskatchewan First Nations. Mr. Meili took the opportunity to interview Dr. Maté about his writing and the intersection between health and

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8028231865?profile=originalMaking Singapore one of the most Advanced Economies in the world

Singapore Fundamentals and the Role of the Economic Development Board (EDB) in Making Singapore one of the most Advanced Economies in the world

Enrique Suarez

http://www.wix.com/suarezenrique/delta

The emergence of Singapore as the heart of Asia’s economy has come with many challenges. From its days as a small and underdeveloped nation, Singapore has emerged from the tumultuous financial, social and political changes over the years to

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8028230683?profile=original

Enrique Suarez

http://www.wix.com/suarezenrique/delta

suarezenrique@post.harvard.edu

I have not yet dealt specifically with the not-for-profit organizations (NFPOs), an important institutional segment, whose objective is not the creation of economic wealth but the pursuit of activities that will positively affect society at-large. The immediate problem we face when attempting to develop a cohesive strategy for NFPOs is their enormous diversity.

The term not-for-profit seems to encompass a wide array

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What is Dignity?

What is Dignity?

Dr. Deming’s work can answer this question of what is dignity using moral philosophy of management as part of the science of management. There is a vision of human dignity that is foundational to his work. Deming understood that the inherent dignity of human nature is honored when it is possible for people to make a contribution of intrinsic value to the common good. What Deming calls "pride in workmanship" satisfies a deep human need to be really and effectually of service to th

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How ERM Integration Creates Efficiencies

8028228089?profile=originalLack of transparency makes risk, performance and compliance information hard to discover, collect and maintain. Within every organization, governance areas are conducting activities, each based on different assumptions with different standards, all of which contain a risk component.

While these are typically not thought of as risk activities, when the responsibilities of each governance area are compared to a risk based process – identifying & assessing, mitigating, and monitoring – you find that

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How GRC Fails to Capture Enterprise Risk

8028226857?profile=originalGovernance functions are designed to manage risks that organizations face in operational and back office silos - financial misstatements, fraud, vendor management, disaster recovery, and other activities are all designed to address a subset of an organization’s risk profile. The concept of Enterprise Risk Management is not to create another function that exists in parallel to these areas, but rather creates a standardized methodology and language to objectively prioritize across functions and le

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Top Challenges in Risk - The Results Are In

I have been running a survey and with more than 100 completed I am getting an interesting picture of the challenges my readership is facing. Here are the results and my interpretation of what they mean.

First of all, I should answer the question “What does the profile of respondents look like?” Put simply, my readership base and those that responded are typical of the risk profession. You are a mix of senior risk professionals in larger organisations, risk advisors who work for senior risk profes

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This week I faced the ultimate personal test of my risk management skills, where I had to soul search “do I practice what I preach as an ERM expert.”. Sunday, the night before the storm of the century Hurricane Sandy hit, I had tickets to fly to Texas as a speaker and expert on ERM. What would become of my home and family? Had I applied the same risk principles in my work as a CEO of the leading enterprise risk management software company in my personal life? Had I done put a personal business c

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Effective governance requires changes in the way risks are managed across "stove-pipes" or "business silos". More often than not, when loss events occur it becomes clear after the fact that different silos were holding onto different pieces of the risk puzzle but no one could put the pieces together. So the problem is how to identify risk

Many risk managers are so bogged down by loss event capture and incident management, that being able to focus on preventing loss events and identifying emergi

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The Model Dilemma

The problems with risk models, a Bank of England speech on why financial models are broken and the general evolution of risk management.

Over the last few months, risk models have come under the spotlight as a potential reason why risk management, as an entire institutional function, is failing.

In this blog link here we look at the argument to rebuke the model.

 

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It is often said that the benefits of Risk Management are intangible. No argument here. It's tough to say "You were successful because I helped you manage your risk" when you are talking to an already successful CEO. How then do you demonstrate the benefits of Risk Management?

One approach is around the concept of Intellectual Capital. When we talk about the value of a business, we talk about book value and market value. The difference between book and market value is often described as the intan

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Frequency x Magnitude - the wrong measure

In the world of operational risk, there are a lot of analysts who believe that they can dimension the impacts from uncertainty by counting the number of events they experience over a period of time and then multiply that count by the average loss amount for the total event horizon they observe.

This approach for quantifying the impacts from uncertainty is full of error and it should be avoided. In fact, let's be clear, it is so fundamentally wrong as a measure of exposure that it isn't even a goo

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A presentation has been released by Causal Capital on how to calculate counterparty risk exposure in a bank.

The approach taken in this presentation is to look at how each department contributes to the overall framework for dimensioning Counterparty Risk measures at both a contractual and aggregated level.

The presentation can be downloaded by following this link.

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What a year! GlobalRisk Community has been launched in 2010, and now we connect almost 3000 professionals worldwide. We want to thank you for your active participation, continued support and thoughtful feedback about everything we’ve been doing.
We have even more in store for 2011!
Vote for the Best content on our site published in 2010 by placing your comments to this blog post. Has there been any one, single, discussion, blog post, comment which is clearly the best of th
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First they need to have a product or service that people will buy. They need revenues.

Second they need to have the ability to provide that product or service at a cost less than what their customers will pay. They needprofits.


Once they have revenues and profits, their business is a valuable asset. So third, they need to have a system to avoid losing that assetbecause of unforeseen adverse experience. They need risk management.


So Risk Management is the third most important need of a firm.

And ther

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