The failure of banks to self-regulate on bonuses, or to exercise restraint, has now resulted in a bonus cap with a one-to-one salary-to-bonus ratio, which aims to put an end to the excessive risk culture which lead to taxpayer bail-outs and bank collapses.
It is odd though telling that a culture of sound risk management a culture of squires, not squids that has led, in some circuitous way, to this popular perception of Goldman Sachs.
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They must extend a risk-aware culture throughout the work force that includes partners, contractors, and suppliers.
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But you do have to design your search strategy to fit the hyper, pressurized, risk-taking culture.
Many thought that he had ruined the risk-taking culture at the bank without substituting much else.
The result is a conservative, risk-averse culture that holds back the innovation that society needs.
Banks need to have a "robust risk-management culture, " with people and processes in place to protect it, he said.
Mr Newman tried to clean up the bank, to curb its risk-taking culture and to wean it off derivatives.
Like Goldman Sachs, with which it has a close business relationship, it is a partnership with an aggressive, risk-taking culture.
Goldman, in contrast, seems determined to hold on to its risk-taking culture.
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There is a mis-match between Oracle and RightNow cultures which threatens to put RightNow employees and customers at risk unless this culture gap is bridged.
Part of it, says Mr. Welsh, is the company's risk-averse culture.
The American high risk, high reward system maps to our diverse culture built on risk-taking immigrants.
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The hearing also showed the chasm between the culture of career civil servants ready to risk their lives and the vicious political culture of Washington.
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Others may not make the leap, or be capable of overcoming an ingrained intransigent inflexible, risk-averse IT culture.
She said Britain had a "risk-averse" culture in which "we can never take a proportionate and balanced view on anything when it comes to children".
European tolerance of cavorting politicians carries the risk of creating a culture of silence and immunity that too easily blurs the lines between a consensual affair, harassment and outright assault.
Resilience must be developed also in every girl and boy and every adult' said Irina Bokova, Director-General of UNESCO, in her message on this occasion, in which she also insisted on UNESCo's efforts to build a culture of risk reduction.
The American high-risk, high-reward system maps to our diverse culture, which was built on risk-taking immigrants.
Encouraging and rewarding a culture of innovative risk-taking and breaking away from the norm.
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Sutton-Gee is particularly conscious of how perceived risk varies depending on the culture.
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Everyone shared pages from their playbook and themes that are all-too-familiar for Silicon Valley types, including embracing lessons from failure, failing forward, and nurturing a culture that encourages risk-taking.
Operating at the interface between education, science, the social sciences, culture and communication, UNESCO has a vital role to play in constructing a global culture of disaster risk reduction.
The repeated shocks to the world economy delivered over the past few years will bring in a culture of corporate risk aversion: the focus will be more on accountability than creativity.
As part of a strategy begun a little over a year ago that bears the catchy title "Managing for Growth, " the London-based firm, long known for its risk-averse, frugal culture, is out recruiting specialists in merger advisory in a bid to crack the top tier.
The district has an unusual flat and decentralized organizational structure for its size and a culture that values entrepreneurial risk taking.
Having a culture that accepted higher risk for higher rewards, the company ignored some of the early signals of the dangers of deepwater drilling.
The ecosystem in their countries to facilitate the creation of companies and a culture of entrepreneurship and risk taking is currently in its infancy or non-existent.
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