Failure of Risk Management, The

Genre: Business-Management

Failure of Risk Management, TheWhy It's Broken and How to Fix It

An essential guide to the calibrated risk analysis approach.The Failure of Risk Management takes a close look at misused and misapplied basic analysis methods and shows how some of the most popular 'risk management' methods are no better than astrology!Using examples from the 2008 credit crisis, natural disasters, outsourcing to China, engineering disasters, and more, Hubbard reveals critical flaws in risk management methods and shows how all of these problems can be fixed. The solutions involve combinations of scientifically proven and frequently used methods from nuclear power, exploratory oil, and other areas of business and government. Finally, Hubbard explains how new forms of collaboration across all industries and government can improve risk management in every field.

Unabridged recording:
Run time: 10 hours
Media Options:
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Bonus Material: Contains Bonus Material
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Douglas W. Hubbard

DOUGLAS W. HUBBARD is the inventor of Applied Information Economics (AIE), a measurement methodology that has earned him critical praise from The Gartner Group, Giga Information Group, and Forrester Research. He is an internationally recognized expert in the field of difficult measurements and the application of quantitative methods to complex and uncertain problems. He has written articles for InformationWeek, CIO Enterprise, and DBMS magazine and is the author of the bestselling How to Measure Anything: Finding the Value of Intangibles in Business, Second Edition and The Failure of Risk Management: Why It’s Broken and How to Fix It.
Jonah Cummings

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