Enterprise Risk Management | Thomas H. Stanton | TEDxJHUDC

[@AlexanderOwenb9l]

I came across your channel through this video-case studies are incredibly valuable, and I'm eager to see more in the future! Building wealth involves establishing routines, like consistently setting aside funds at regular intervals for smart investments.

[@MasonJacobo2w]

You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.

[@SophiaChloé6f]

That sounds like a good plan. In the past two years, working closely with a financial market specialist, I've built a six-figure diversified stock portfolio. Now, I aim to diversify even more this year.

[@NatalieHannahq3g]

Talking about a financial market specialist, do you consider anyone worthy of recommendations? I have about 100k to test the waters now that large cap stocks are at a discount... Thanks

[@SophiaChloé6f]

NICOLE ANASTASIA PLUMLEE’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@SophiaChloé6f]

“NICOLE ANASTASIA PLUMLEE’’ is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@billwesioly9595]

This is one of the best business presentations that I've come across, not only for Enterprise Risk Management. Practical and profound messages. Thanks Tom

[@bongekagracia]

Indeed.

[@applepeel1662]

The break analogy was so on point. Thanks for this, one of the best explanations of ERM out there

[@arshthescene]

Wow a good story teller. I thought this would be boring but it was so engaging that I didn't realise it was almost over!

[@zon5308]

I appreciate the clear and simple explanation and examples that anyone just starting out can understand. Most of what is out there is made in a way using technical jargon and never giving any clear examples. Thank you, from a newbie! 👏

[@yehudaschmidt5979]

Tom, Great intro into ERM presentation. I' liked the 'why cars have breaks?’ It forces managers to think about risk outside of the box.

[@artemkg2345]

Yehuda Schmidt 👍

[@ReyRana-mw3uz]

Love that brake perspective (to go FAST). This ERM works great with the Balance Score Card (BSC) concept. BSC as a dashboard instrument of a high performance automobile (Pedal to the Metal).

[@syedadeelhussain2691]

great comments. Brakes example stands out. Wow!

[@MegaMajere]

Also, keep in mind, that risks often have a GOOD side. It comes from the risk-rewards relationship. e.g. your organisation might be taking huge risks by entering a new market in a foreign country - the good side is that it could pay off (increased sales, quality, customer satisfaction, profit, etc.). NOT seizing a good opportunity is also a risk (FOMO). e.g. acquisition of a new company or technology.

[@atifanwar6636]

Great speech.

[@VinodAndani]

May be good example describing how reporting to the executive or board is important and helps mitigating the risks immediately by taking right decisions. Per title of this video, wondering how to build or what would be the best way to build ERM for the organisation

[@nicheskill3254]

Good presentation... Thanks !

[@VictoireOgrady]

Thank you so much for your hard work! 😊 Just a small off-topic question: 😅 I have these words 🤨. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How do I use this? 🤨

[@MaryleBarbara]

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[@kxewws7681]

Information flow across companies.

[@umvemnyama]

Peer reviews are important

[@throxx5440]

I have a question, if they want to deal on big risk we need to prepare for big risk, but how can we know the big risk if we don't know what we don't know?

[@umvemnyama]

Not sure I understand, and don't take my word as bond. However, I think part of effective risk management is establishing and using information systems. For example, model risk can arise from the lack of information to create reliable and effective models. So, I think in order to deal with big risk, you need to first acquire information. Use consultants and also peer reviews could help to access information about the industry that is complex and mostly understood by people of a certain industry

[@retrogirl53]

awesome!

[@ntcuong01ct1]

Corporate governance is the ERM framework, right?

[@devensmith5802]

yeah... support from the top right?? Tell the top first so they can remover their personally commingled funds first

[@sra831badmin]

831b 😀

[@miayma]

Why does a car has brakes? A car has brakes so it can go fast!!!

[@WeekendProRailgun]

uuzz B