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Sat Jul 4

• The Old Solutions Have Become the New Problems - BusinessWeek: Shoshana Zuboff - "I spent a quarter-centur y as a professor at the Harvard Business School, including 15 years teaching in the MBA program. I have come to believe that much of what my colleagues and I taught has caused real suffering, suppressed wealth creation, destabilized the world economy, and accelerated the demise of the 20th century capitalism in which the U.S. played the leading role" - eroding margins and a focus on cost-cutting, the HBS "taught them how: outsourcing, off-shoring, downsizing, reengineering& quot; - seek collaboration not creative accounting (that creates nothing but distrust)

Fri Jul 3

• Risk management will obviously increase the probability of success: Risk management will obviously increase the probability of success and reduce the probability of failure of your Hidden cameras. Now that I have installed cameras in various cabins in my business location, I can rest in peace. i have such a big busines...
• Felix Salmon » Blog Archive » How AIG FP brought down the world | Blogs |: Cassano simply trusted the models (which were built with a lot of Gorton?s help), even when the models weren?t designed for subprime in particular, or even really for mortgages. I guess the message of Lewis?s piece is that FP caused the global financial crisis, even if it didn?t necessarily cause the complete downfall of AIG ? that AIG ended up buying in to the bubble created by FP, just companies like Citigroup and Bear Stearns did. Or, to put it another way, FP brought down the financial markets, and the crashing financial markets brought down AIG. You can blame the end of the world on Cassano, but there were a lot of people inside AIG but outside Cassano?s little group who ended up buying into the markets he helped to create and inflate.
• Why the Microgrid Could Be the Answer to Our Energy Crisis: "The evidence is growing that privately owned, consumer-drive n, small-scale, geographically distributed renewables could deliver a 100% green-energy future faster and cheaper than big power projects alone. Companies like GE and IBM are talking in terms of up to half of American homes generating their own electricity, renewably, within a decade. But distributed power -- call it the "microgri d" -- poses an existential threat to the business model the utilities have happily depended on for more than a century. No wonder so many of them are fighting the microgrid every step of the way" - Lovins says "Distribu ted generation&quo t; means a redundant, resilient, secure infrastructure " - but networks from Edison's era mean "We' re probably not going to be in favor of anything that shrinks our business"
• Is it time to get a grip on your succession plan? : CollegeRecruit er.com Insights by Career Counselors Blog

Thu Jul 2

• Insurance guides - CPCU 510 Course Guide; Foundations of Risk Management: Insurance guides - CPCU 510 Course Guide; Foundations of Risk Management, Insurance, and Professionalis m

Wed Jul 1

• Fear.pm: I agree completely with this
• Falkenblog: A Risk Management Serenity Prayer: These risks?breakdow ns in incentives, communication, assumptions, etc.?are called operating risks, and represent a residual of all things that are not cleanly within credit or market risks. If operating risk are the primary reason why financial firms fail, emphasis on refining models where the assumptions are presumed true seemingly misses the point.
• 5 Ways To Reduce the Risk of Engaging in Social Media « Direct Marketing Observations
• Living Dangerously, Managing Risks In Business Ba01.Ppt: Risk today is no longer an uncertainty. The Time Cycle Module helps to analyze, measure, manage and mitigate Risk in business, finance, technology, career, etc. by use of variance analysis on a day to day basis. The methods to manage risk are application based and not mathematical models that are often difficult to comprehend , but one must be alert and agile updating positions from time to time, re-working business process and business solutions continuously survive in this competative world.

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