Call Me Frank!

Call Me Frank!

John Drew, OnPoint Risk Advisors

Even though my name is John, I’ve been called Frank more than once.

But in those instances, frank was used as an adjective…

I know I’ve said this before, but Risk doesn’t care about opinions, and good intentions.

In fact, if I were to be perfectly frank…

Risk just is.

Which means, unfortunately, and fortunately… when I put my Risk hat on… I have to be immune to caring about those things, as well.

But as Risk Advisors, that doesn’t make us unaware of the challenge we face.

We still have to instruct, articulate and hopefully inspire bankers to the opportunistic ways of looking at Strategic Risk Management and the freedoms and benefits that go with it.

And as former bankers ourselves, we’re pretty well-versed at that. But our clients would hopefully agree… If you let us, we’re going to get under the hood and start the process of assessment, and building all 360 degrees of your Risk frameworks.

The inevitable risk that we’ll uncover on your horizon, won’t give a rip about office politics, or anyone’s reluctance to be uncomfortable.

And I won’t either.

Strategic Delivery. Strategic Results.
We retain strategic relationships with regulators, technology providers and trade groups and have excellent client relationships and references.
With high-performing consultant specialists positioned in the largest markets around the US, Our Digital Enterprise allows for the kind of native delivery that ensures a high-touch collaboration effort.
Contact.
Aaron Taylor, CPA, CFA
President, Sola Analytics
ataylor@solaanalytics.com
405-880-0255 Bus
John Drew
President, OnPoint Risk Advisors
john@onpointriskadvisors.com
713-515-1285 Bus

Yes, We Have That In Your Size

Yes, We Have That In Your Size

John Drew, OnPoint Risk Advisors

Let’s talk about shoes for a minute.

I know some folks – gals AND guys that have a closet full of shoes.

But those that know me, know that, well… I keep it pretty simple.

So why is a risk advisor writing about shoes?

Well, a colleague and I got into a discussion about how mature risk management is definitely not a one-size-fits-all methodology.

He said it was like shoes.

It makes sense, but I had to stop and think about it.

Shoes, like mature risk management, for the most part, have basic constructs to them. A solid sole, arch support, lateral support, protection from the elements, etc.

But even those things are highly-customizable. A running shoe has a very different arch support than say a hiking boot. A cowboy boot is going to have different reinforcements built into the toe and heel. A basketball player is going to want some good ankle support.

But I was only thinking about the word “size”. And yes it has to fit (blisters can slow down all of us).

So think about the runner with feather-weight high-tech materials meant to propel him far and fast. Or the rancher who now has no fear about stubbing his toe on a cactus.

It all adds up to freedom.

Makes sense. When I get my weekend started and I want to mitigate risk according to my EXACT goals and risk appetite, my old work boots do the job just fine.

Strategic Delivery. Strategic Results.
We retain strategic relationships with regulators, technology providers and trade groups and have excellent client relationships and references.
With high-performing consultant specialists positioned in the largest markets around the US, Our Digital Enterprise allows for the kind of native delivery that ensures a high-touch collaboration effort.
Contact.
Aaron Taylor, CPA, CFA
President, Sola Analytics
ataylor@solaanalytics.com
405-880-0255 Bus
John Drew
President, OnPoint Risk Advisors
john@onpointriskadvisors.com
713-515-1285 Bus

The Gravity of Risk

The Gravity of Risk

John Drew, OnPoint Risk Advisors

Would you say that risk is a lot like gravity?

It doesn’t care about opinions, wishes or good intentions.

So with that, why would we wait for risk to reveal itself, only to react to it?

Do you wait for the roller coaster to speed through the loop before you pull down the harness?

And yet, I’ve also heard that everything is ‘sweetened’ by risk.

Compelling…

Perhaps Catherine Pulsifer, noted inspirational author, says it best: “If we allow risk to be a fear, then we are sure not to succeed. But, if we approach risk with proper planning, and a good attitude, then most times we can minimize the risk and use it to our advantage.”

Sounds like freedom to me.

A colleague once told me about how his son saw a roller coaster, and immediately refused to go on it.

The dad was puzzled… It wasn’t that scary.

In fact, the boy had ridden one before that was much more ‘venturesome’.

His son’s reason? There was only a lap belt, and no shoulder harness.

Bottom line – he wasn’t confident in the ride, and therefore, willing to forego the adventure and potential joy.

Funny. At 12 years old, he understood that risk mitigation wasn’t intended to squash an opportunity. He knew it gave him the freedom to embrace it.

Strategic Delivery. Strategic Results.
We retain strategic relationships with regulators, technology providers and trade groups and have excellent client relationships and references.
With high-performing consultant specialists positioned in the largest markets around the US, Our Digital Enterprise allows for the kind of native delivery that ensures a high-touch collaboration effort.
Contact.
Aaron Taylor, CPA, CFA
President, Sola Analytics
ataylor@solaanalytics.com
405-880-0255 Bus
John Drew
President, OnPoint Risk Advisors
john@onpointriskadvisors.com
713-515-1285 Bus