Description: What does “accountable” mean? You will see how the accountability culture can transform spectators into protagonists following the Four Steps to Accountability.

Description: Many top-performing businesses aren’t just risk aware, but rather risk intelligent. Such a posture helps prepare companies for a major event and can demonstrate to a regulator or auditor that an appropriately strong control framework is in place. Better still, companies gain real strategic value from a “risk adjusted” understanding not only of their threats and vulnerabilities, but also the upside opportunities associated with various risks. It starts with having both qualitative and quantitative information to identify, assess and manage risks. Strategic risk management, at its core, is about creating value by increasing transparency and accountability, and quality of information. More than a mere compliance exercise, effective risk management enables more informed strategic decision making, increased accountability and transparency, a greater likelihood of organizational success, and – ultimately – competitive advantage, as borne out by many studies that correlate risk management and financial results.

Description: Review of Professor Belth's book 'Life Insurance: A Consumer Handbook'.

Description: In this interview Dr. Reinhardt shares his thoughts on the role he believes actuaries should take in the health care system reforms.

Description: In this book review of ‘Analytics at Work: Smarter Decisions, Better Results,’ by Thomas Davenport, Jeanne Harris and Robert Morison, the reviewer notes it has attracted the attention of senior managers and executives who are interested in developing a culture of fact based vs. “gut based” decision making. The book describes the value of transitioning to an analytic based culture and how to do it. From ‘The Stepping Stone’ issue number 43.

Description: This session took place at the Society of Actuaries Spring 1975 Meeting in New York. The presenters discussed actuarial reports to management, including those chronicling past experience, forecasts of the future, including recommendations for change in response to future influences, and reports acting as alerts or warning basis to emerging trends.

Description: The Stepping Stone, the newsletter of the Management and Personal Development Section. August 2014 entire issue.

Description: Peter G. Moore, Reason By Numbers. Peter Moore looks at the ways of gathering, presenting and interpreting information and explains the essential arithmetic of resource allocation, planning and decision theory.

Description: This article describes a ranking system for early prisoner release. It is intended to describe the framework and strategy needed for mitigating the risk of such programs and optimizing those programs’ outcomes.