Kamakura Blog – Risk Management Lessons from Lance Armstrong


Kamakura Blog – Risk Management Lessons from Lance Armstrong.

Being an admirer of the achievements of Lance Armstrong but not a cycling person I was initially hesitant to read, and then share, this interesting analysis on Risk Management using quotes from Lance Armstrong.

However, I found the commentary about the quotes quite interesting and I think we can all relate (in the risk profession) to what both Lance and the author – Donald R. van Deventer – have to say about risk.

Have a read and see what you think.

And in the words of Lance Armstrong himself:

The Tour isn’t just a bike race, it tests you mentally, physically, and even morally.

And how true that is too for the risk professional.


Scott North has extensive experience in enterprise risk management, internal audit, operational risk and compliance, risk strategy, scenario planning, technology risk, technology business analysis, systems design, financial accounting, and management accounting. Scott is a Fellow of the Australian Institute of Chartered Accountants with a Masters Degree from the University of Melbourne in Business and Information Technology. Scott is also a Fellow of the University of Melbourne.