CENSA SF Dec 4 Program, “The Changing Nature of Corporate Risk”

CENSA SF Bay Area Evening Program “The Changing Nature of Corporate Risk: Mitigating Strategies for 2007 and Beyond” 

Speaker

Matt Boynton, Senior Vice President, Crisis & Security Consulting, Control Risks (speaker)
Steven Rahman, Managing Consultant, Infosys Technology and CENSA member (presider)

Date/Time: Monday, December 4; 5:30PM Cocktails; 6:00PM Program, 7:00PM Adjourn. Pay as you go.

Venue: London Wine Bar (415 Sansome St/Sacramento, SF Financial District); 415-788-4811

Speaker Bio and Event Synopsis: As Control Risks’ National Practice Lead for Crisis & Security Consulting, Matt Boynton is responsible for the strategic direction of the department. He manages a team of consultants who specialize in crisis management planning and training, development of corporate security policies and procedures, evaluation of clients’ security risk exposures, and business continuity planning.  Before joining Control Risks, Matt worked for the Central Intelligence Agency (CIA) as an Operations Officer in the Clandestine Service.  Matt served for six years in the United States Air Force as a Cryptologic Linguist, operating in German, French, Haitian-Creole, Vietnamese, and Japanese, and seven years in the Air National Guard and USAF Reserve as a Linguist/Debriefer.  He has been operationally employed in Latin America, the Caribbean, Central Eurasia and
Asia.

Format: The evening will begin with a brief presentation, followed by a question and answer session. To promote networking and a lively discussion, the event will be limited to 15 places.  

How to Register:  Email with your name and organizational affiliation to CENSA’s SF Bay Area Director, and Member of the Board, William Robison at: William.Robison /at /censa.net. Cocktails/food will be pay-as-you-go.

White Water Rafter

“Being strategic today is like being a white-water rafter. You have to react immediately to opportunities or moves by a competitor—or risk being overtaken,” Walter Shill, managing director of the strategic practice at Accenture.  

Quoted in: “Two More CEO Ousters Underscore the Need For Better Strategizing,” Carol Hymowitz, In The Lead column, Wall Street Journal, September 11, 2006.

See also comments from Shill in the Robert Malone’s November 15, 2006 Fortune article “Risk Management Is Top Priority.”

Corporate Taglines and Brands

This blog entry will be updated from time to time, but for starters, here are a couple of corporate taglines and brands that capture the essence of risk, opportunities and innovation: 

“Embrace the Future.” The bank for a changing world. BNP Paribas.

“Some think local news. We think global opportunities.” Thinking New Perspectives. Credit Suisse. 

“A Passion to Perform.” Deutsche Bank.

“Risk and How It Can Spur Shareholder Value.” Know Risk. Know Reward. Protiviti.

Barometer of Risk

“The world seems awash in risk: nuclear rumblings in North Korea, bloodshed in Iraq, bird-flu scares, terrorism, hurricanes, corporate scandals, political uncertainty and more. But one barometer of risk — the price of insurance — indicates that many facets of life and business are getting less risky.” 

Quoted from ”Cheaper Insurance Rates Point To Decline in Life, Business Risks,” written by Lian Pleven in the Wall Street Journal on November 6, 2006. 

Some other interesting quotes below:  

”Insurance is a hedge against risk, and in many areas it has gotten cheaper lately.” ”Americans “are getting better at controlling risk,” says Richard Zeckhauser, a professor of political economy at Harvard University. “In general, technological advance has made the world a safer place.”  ””According to a survey by insurance broker Marsh Inc., a unit of Marsh & McLennan Cos., the cost of terrorism coverage in the U.S. fell last year compared with 2004. Aon Corp., another broker, says the price has fallen sharply since the federal government created a backstop program in 2002 to help insurers manage their losses from any terrorism claims, but that rates have risen slightly over the past year.”  ”Incidents of terrorism and hurricanes are less predictable than more routine events like car crashes. The added uncertainty makes them harder for insurers to price.”