Dan Borge is the author of The Book of Risk and a consultant on strategy and risk management. He was the principal architect of the first enterprise risk management system, RAROC (Risk Adjusted Return On Capital), at Bankers Trust, where he was head of strategic planning and a senior managing director. Prior to his banking career, he was an aerospace engineer at The Boeing Company. You can also read a review of The Book of Risk here, "A Risk Management Book That Doesn't Make You Snore."
Strategic planning without risk planning equals no planning
Traditional tool outlived utility, prevents adoption of better techniques
Series conclusion: Buck doesn’t stop with Chief Risk Officer
Part 6: Getting it means providing good tools, respect, and enough pay
Part 5: Without it, risk managers are just pesky mosquitoes
Part 4: Communication means no more jargon
Part 3: No one knows it all, so risk management demands cooperation
Part 2 of a series: Ingredients include mobility, organization, empowerment—and courage
Part 1 of a series: Risk management depends on consistent effort
Book Review: Was Greenspan Fed too theoretical to predict Great Recession?
