This book arose largely out of the many interactions I have had with a variety of risk management clients. To them I am very grateful for all of the ideas and discussions. Stephen McPhie, my partner and cofounder of RSD Solutions, has been an excellent source of ideas and a great help in clarifying my ideas and thoughts on risk management.
John Fraser, the retired Chief Risk Officer of Hydro One, has been a terrific risk educator for me. There is no one else I have met who brings the same amount of passion and wisdom to enterprise risk management than John. Although we do not always agree, I have learned more about risk management from discussions with John than I ever did through more formal study.
Another source of inspiration for me has been the many graduate students and executive education students who have taken risk management courses with me. They never fail to challenge me and force me to look anew at my ideas.
Finally, but certainly not least, I would like to thank my family for permitting me the time to complete the work necessary for this book and for allowing me to test my ideas on them. They are the ultimate source of inspiration for everything I do.