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Chapter Overview
Chapter 1: AudiobookHub Recommendation
Chapter 2: Risk management involves being smart about taking chances.
Chapter 3: Risk management grows increasingly vital for companies worldwide.
Chapter 4: The most common risk assessment methods don’t work.
Chapter 5: Experts’ opinions are often biased.
Chapter 6: Calibration training often improves probability estimates by curbing overconfidence.
Chapter 7: Estimate your risks with the highest accuracy using the Monte Carlo Simulation method.
Chapter 8: Don’t let an apparent lack of data keep you from calculating risk.
Chapter 9: Compare your model with real facts and assess what extra information is worth to you.
Chapter 10: Apply a comprehensive organizational strategy to efficiently and effectively manage risk.
Description
The Failure of Risk Management (2009) is a comprehensive guide to the history, methods and myths of risk management. These blinks explain why common methods for managing risk are flawed and how to fix them; they also offer tried and true alternatives for measuring and mitigating risk.
Who Should Listen
- Business owners and investors
- People interested in how risk can be accurately calculated
- Managers from all fields