A Quote by Mike McGavick

There is no progress without risk, and in an environment where change is accelerating, risks are multiplying and businesses are increasingly complex, companies need strong, innovative partners to help manage their risk. Our brand clearly sets XL apart as the strong, innovative partner needed in today's market.
The companies that choose to list on Nasdaq are among the most innovative, risk-taking businesses in the world, and they are proof to us all that prudent risk-taking drives our economy forward.
Forth & Towne was a great test of a promising concept and an illustration of the innovative risks you need to take in our business. We made the tough decision to close the brand and focus our efforts on stabilizing the existing businesses.
Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.
If we didn't have greed, market economies wouldn't be as innovative as they are. But in my view, greed has to be contained by the fear of losses, so there has to be a system where, if you take too much risk, you go into bankruptcy. You don't systematically bail out people who take excessive risks.
First we must understand that there can be no life without risk - and when our center is strong, everything else is secondary, even the risks.
CEOs are no different than the guy in the mailroom. They all have to learn how to manage better the risk created by our increasingly risk-shifting world.
Chinese people today have strong demand for culture, but we need effective supply, and China needs innovative cultural products.
I think there's a need for somewhat of a mindset change. We need to have a consistent external focus. We've always had the research labs. We've always had the resources to be innovative, and we've been innovative in a number of businesses. But, in any big company, you have to constantly push people to look at markets and customers, rather than look internally at themselves.
We need to ask elected officials supporting Keystone XL whether they're willing to put their constituents and our environment at risk so that foreign oil tycoons get a better return on their tar sands investments. Keystone XL backers will keep trying to sell us a sucker's deal; it's up to us to say no.
If you look at who starts new businesses, people that are innovative and risk takers. When you look at immigrants, you really have to be an innovator and a risk taker to leave everything you know in the old country and go to a new country. People that come here in America come here to work.
To laugh is to risk appearing a fool. To weep is to risk appearing sentimental. To reach out to another is to risk involvement. To expose feelings is to risk exposing your true self. To place your ideas and dreams before a crowd is to risk their loss. To love is to risk not being loved in return. To hope is to risk pain. To try is to risk failure. But risks must be taken, because the greatest hazard in life is to risk nothing.
Our Government is fostering economic growth in Kitchener, Cambridge and all of the Waterloo Region by investing in our innovative businesses. Today's announcement is a great example of how we are helping high-potential companies bring great ideas to market faster. Helping our entrepreneurs and original thinkers export their products and services to the rest of the world creates jobs, growth and economic prosperity here at home.
Only a marriage with partners strong enough to risk divorce is strong enough to avoid it.
Matthew kept hinting that his desire - for blood, chiefly- was so strong that it put everything else at risk. But vampires weren’t the only creatures who had to manage such strong impulses. Much of what qualified as magic was simply desire in action. Witchcraft was different- that took spells and rituals. But magic? A wish, a need, a hunger too strong to be denied- these could turn into deeds when they cross a witch’s mind.
At XL we are continually focused on the rate of change, the increasingly interconnected world and the need to help our clients advance wherever their business occurs.
Companies have to be innovative in leading with values the same way they have to be innovative in their products and services.
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