The Failure of Risk Management. Book Summary

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Douglas W. Hubbard

What’s inside

This book provides a critical look at risk management methods and their flaws, offering practical solutions to improve risk assessment and decision-making within organizations.

You’ll Learn

  • Understanding the pitfalls of current risk management
  • Learning how to apply better risk assessment tools
  • Improving decision-making in uncertain environments
  • Gaining insights into psychological biases affecting risk perception

Key Points

  • Critique of traditional risk management methods
  • The misuse of risk assessment tools
  • Psychological biases in risk perception
  • Improving risk management practices
  • Adoption of more robust risk models
  • Integration of risk management into decision making

Who’s it For

  • Professionals in risk management
  • Business executives
  • Policy makers
  • Students of finance and business
  • Project managers

About the author

Douglas W. Hubbard is an expert in decision theory and quantitative analysis, known for his influential books and articles on risk management.