The Failure of Risk Management: Why It's Broken and How to Fix It
()
About this ebook
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.
Douglas W. Hubbard (Glen Ellyn, IL) is the inventor of Applied Information Economics (AIE) and the author of Wiley's How to Measure Anything: Finding the Value of Intangibles in Business (978-0-470-11012-6), the #1 bestseller in business math on Amazon. He has applied innovative risk assessment and risk management methods in government and corporations since 1994.
"Doug Hubbard, a recognized expert among experts in the field of risk management, covers the entire spectrum of risk management in this invaluable guide. There are specific value-added take aways in each chapter that are sure to enrich all readers including IT, business management, students, and academics alike"
—Peter Julian, former chief-information officer of the New York Metro Transit Authority. President of Alliance Group consulting
"In his trademark style, Doug asks the tough questions on risk management. A must-read not only for analysts, but also for the executive who is making critical business decisions."
—Jim Franklin, VP Enterprise Performance Management and General Manager, Crystal Ball Global Business Unit, Oracle Corporation.
Read more from Douglas W. Hubbard
How to Measure Anything: Finding the Value of Intangibles in Business Rating: 4 out of 5 stars4/5How to Measure Anything Workbook: Finding the Value of Intangibles in Business Rating: 4 out of 5 stars4/5How to Measure Anything in Cybersecurity Risk Rating: 4 out of 5 stars4/5The Failure of Risk Management: Why It's Broken and How to Fix It Rating: 0 out of 5 stars0 ratingsThe Metrics Manifesto: Confronting Security with Data Rating: 0 out of 5 stars0 ratings
Related to The Failure of Risk Management
Related ebooks
Why Decisions Fail: Avoiding the Blunders and Traps That Lead to Debacles Rating: 4 out of 5 stars4/5Risk Thinking: ...In an Uncertain World Rating: 0 out of 5 stars0 ratingsDesign in Object Technology: "Class of 1994" Rating: 0 out of 5 stars0 ratingsImplementing Beyond Budgeting: Unlocking the Performance Potential Rating: 0 out of 5 stars0 ratingsRestarting the Future: How to Fix the Intangible Economy Rating: 0 out of 5 stars0 ratingsThe Imperfectionists: Strategic Mindsets for Uncertain Times Rating: 0 out of 5 stars0 ratingsManaging Networks in Project-Based Organisations Rating: 0 out of 5 stars0 ratingsDesign in Object Technology 2: The Annotated Class of 1994 Rating: 0 out of 5 stars0 ratingsInvesting in Financial Research: A Decision-Making System for Better Results Rating: 0 out of 5 stars0 ratingsInnovation Alchemists: What Every CEO Should Know to Hire the Right Chief Innovation Officer Rating: 4 out of 5 stars4/5Navigating the Human Side of Boardroom Interactions: Improving Relationships at the Top Rating: 0 out of 5 stars0 ratingsOn-the-Job Networking: Building Valuable Connections at Work Rating: 0 out of 5 stars0 ratingsPractical Ways to Manage Yourself: Modern Management Made Easy, #1 Rating: 0 out of 5 stars0 ratingsThe Unfinished Leader: Balancing Contradictory Answers to Unsolvable Problems Rating: 0 out of 5 stars0 ratingsKnowledge Automation: How to Implement Decision Management in Business Processes Rating: 5 out of 5 stars5/5Okrs at the center Rating: 0 out of 5 stars0 ratingsStorytizing Rating: 0 out of 5 stars0 ratingsThomas Edison: America's Greatest Inventor: Educational Version Rating: 0 out of 5 stars0 ratingsThe Boundaryless Organization: Breaking the Chains of Organizational Structure Rating: 0 out of 5 stars0 ratingsPragmatic Project Management: Five Scalable Steps to Success Rating: 0 out of 5 stars0 ratingsAI for Social Good: Using Artificial Intelligence to Save the World Rating: 0 out of 5 stars0 ratingsDECIDE: How to Manage the Risk in Your Decision Making Rating: 0 out of 5 stars0 ratingsInnovation Framework A Complete Guide - 2019 Edition Rating: 0 out of 5 stars0 ratingsQuickValue: Discover Your Value and Empower Your Business in Three Easy Steps Rating: 3 out of 5 stars3/5Why Decisions Fail (Review and Analysis of Nutt's Book) Rating: 0 out of 5 stars0 ratingsStrategy and Resilience: Sustaining the Healthy Growth of Your Company Is Your Business Rating: 0 out of 5 stars0 ratingsSupplier Relationship Management: How to Maximize Vendor Value and Opportunity Rating: 0 out of 5 stars0 ratingsDon’t Get Mad at Penguins: And Other Ways to Detox the Conflict in Your Life and Business Rating: 0 out of 5 stars0 ratingsProblem Solved: A Powerful System for Making Complex Decisions with Confidence and Conviction Rating: 0 out of 5 stars0 ratingsLabyrinth: The Art of Decision-Making Rating: 0 out of 5 stars0 ratings
Mathematics For You
Geometry For Dummies Rating: 5 out of 5 stars5/5The Everything Guide to Algebra: A Step-by-Step Guide to the Basics of Algebra - in Plain English! Rating: 4 out of 5 stars4/5Introducing Game Theory: A Graphic Guide Rating: 4 out of 5 stars4/5Algebra I Workbook For Dummies Rating: 3 out of 5 stars3/5Mental Math: Tricks To Become A Human Calculator Rating: 5 out of 5 stars5/5Mental Math Secrets - How To Be a Human Calculator Rating: 5 out of 5 stars5/5Algebra - The Very Basics Rating: 5 out of 5 stars5/5Basic Math & Pre-Algebra For Dummies Rating: 4 out of 5 stars4/5Painless Geometry Rating: 4 out of 5 stars4/5Relativity: The special and the general theory Rating: 5 out of 5 stars5/5Quantum Physics for Beginners Rating: 4 out of 5 stars4/5My Best Mathematical and Logic Puzzles Rating: 5 out of 5 stars5/5Calculus Made Easy Rating: 4 out of 5 stars4/5The Golden Ratio: The Divine Beauty of Mathematics Rating: 5 out of 5 stars5/5Linear Algebra For Dummies Rating: 3 out of 5 stars3/5See Ya Later Calculator: Simple Math Tricks You Can Do in Your Head Rating: 4 out of 5 stars4/5Real Estate by the Numbers: A Complete Reference Guide to Deal Analysis Rating: 0 out of 5 stars0 ratingsThe Everything Everyday Math Book: From Tipping to Taxes, All the Real-World, Everyday Math Skills You Need Rating: 5 out of 5 stars5/5Is God a Mathematician? Rating: 4 out of 5 stars4/5Mathematics, Magic and Mystery Rating: 4 out of 5 stars4/5Limitless Mind: Learn, Lead, and Live Without Barriers Rating: 4 out of 5 stars4/5Algebra I For Dummies Rating: 4 out of 5 stars4/5The Math of Life and Death: 7 Mathematical Principles That Shape Our Lives Rating: 4 out of 5 stars4/5Must Know High School Algebra, Second Edition Rating: 0 out of 5 stars0 ratingsGame Theory: A Simple Introduction Rating: 4 out of 5 stars4/5ACT Math & Science Prep: Includes 500+ Practice Questions Rating: 3 out of 5 stars3/5A Mind for Numbers | Summary Rating: 4 out of 5 stars4/5
Reviews for The Failure of Risk Management
0 ratings0 reviews