Crossing Thin Ice

Leverage boosts your returns in a boom, but it acts as a threat multiplier the moment markets turn. Let's talk about how to de-risk before the margin call. Here is our 4-part formula that exposes your company's hidden insolvency risks before a crisis hits. 

Lots of things seem easy during a Boom.  But risk management is not one of those.  Dave and Max discuss those difficulties and provide some suggestions for how a CRO can navigate doing their job when risk seems to be minimal to most everyone.  This is Podcast 89 in the Crossing Thin Ice series.  Enjoy.  

Are You Ready for the Next Unknown Known? Relying on rules of thumb and past trends is a fast track to getting blindsided. From climate feedback loops to high-velocity risks, here is why traditional modeling fails in an unpredictable world—and how first-principles thinking can keep you ahead.

Successful ERM implementations develop over time through iterative refinement, building organizational buy-in before layering on complex modeling structures. Here is Part 2 of "Implementing ERM".   In part 1, we covered the foundational core: balancing risk exploitation with downside protection, navigating the five phases of the risk control cycle, and applying four primary measurement methodologies to quantify exposure. Now, in Part 2, we’re moving from operations to Strategy. We will be diving into setting actionable risk appetites and tolerances, communicating effectively with senior leadership, and positioning the CRO as a strategic business partner rather than 'Doctor No'.

Regular ERM is one of the six Time Zones of ERM.  This is part 1 of our discussion of regular ERM.  We include discussion of Exploiting Risk by focusing on both upside and downside of risk.  The three Levels of ERM.  The Risk Control Cycle. Risk Prioritization.  Emerging Risk and the role of human foresight.  And finish up with discussion of four Risk Measurement techniques.  Part 2 will land next month.