by Michael Cannes | Feb 13, 2023 | Risk Management
Risk management is at the core of success for credit unions as they set their strategy towards creating, preserving, and realizing value (i.e., adding value to their members’ lives!). However, it is easy for leaders to get caught up in terminology and other...
by Brian Hague, CFA | Feb 16, 2022 | Economics, Risk Management, Strategy
Consumer inflation is at the highest level in 40 years: the Consumer Price Index (CPI) year-over-year is up 7.5% as of January 2022, the highest rate since February 1982. To put that in perspective, the last time consumer inflation was this high I was an undergraduate...
by Rochdale Paragon | Jul 28, 2021 | Enterprise Risk Management, Operational Risk Assessment, Risk Management
Enterprise risk management, or ERM for short, refers to the philosophy and practice of identifying and assessing uncertainties to manage risks and seize opportunities related to the achievement of organizational objectives. There are several programs that fall under...
by Tony Ferris | May 25, 2021 | Risk Management
I like to periodically play craps. Over the years I’ve seen a lot of newcomers try out the game and have noticed certain trends in how they approach it. Most people who step up to the table have no idea of the probabilities – or implications – associated with their...
by Tony Ferris | Mar 3, 2021 | Enterprise Risk Management, Governance, Risk Management, Strategy
Standing on the chair did the trick. My mother taught me a technique when I was a child that’s still useful today. If I couldn’t find something I had just dropped on the floor, she told me, try changing your perspective. Look at the problem in a new way. (Hence, the...
by Brian Hague, CFA | Nov 21, 2018 | Risk Management
Brian Hague, CFA Commander Dana De Coster is a member of the elite Navy SEALs. He has completed multiple combat tours in Iraq and the Pacific Command, has provided support to the FBI’s Counterterrorism Division, and served as the Operations Officer for the first-ever...
