The dog in the night time: Difference between revisions

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Tags: Mobile edit Mobile web edit
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*'''Who’s that guy?''': A position of unusual influence with a flaky backstory  
*'''Who’s that guy?''': A position of unusual influence with a flaky backstory  
*'''A big problem is a small one that you didn't fix when you could have''': Often big problems start out as small problems, where a well-intended patch didn't play out. How disciplined is your organisation with sweating the little stuff. and what of the trade off between “bureaucracy” and “discipline with sweating the small stuff”?
*'''A big problem is a small one that you didn't fix when you could have''': Often big problems start out as small problems, where a well-intended patch didn't play out. How disciplined is your organisation with sweating the little stuff. and what of the trade off between “bureaucracy” and “discipline with sweating the small stuff”?
*'''internal checks defeaters''': cultural/organisational factors undermining internal control mechanisms
:*internal competition/eat what you kill/personal ambition/territoriality
:*Specialisation/siloisation/juniorisation of risk control functions: miss emergent risks between functions, not understand bigger picture; not understand risks at all. Emphasis of form over substance: [[Playbook]] as a substitute for comprehension.
:*misaligned incentives for controller group: financial reporting as a profit centre (Enron)


====Correlation risks====
====Correlation risks====

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