Risk Intelligence by David Apgar

Risk Intelligence by David Apgar

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Summary

Gives managers a mental model, along with tools to manage risks. This book contains a model that divides risks into two categories: knowable and therefore learnable, and unknowable and therefore difficult to prepare for. It shows readers how to analyse their knowable risks, helping them appreciate the quality and utility of their own analysis.

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Risk Intelligence by David Apgar

Too many executives think risk management is strictly for technical specialists. In Risk Intelligence: Learning to Manage What We Don't Know, David Apgar challenges this misconception. The author explains how to raise the quality of your risk analysis---thus enhancing your "risk IQ"---by applying four simple rules: 1) Recognize which risks are learnable--and reduce their uncertainty by discovering more about them. 2) Identify risks you can learn about the fastest. The higher your learning speed, the more a project is worth pursuing. 3) Take on risky projects one at a time--learning about the risks underlying each before moving to the next. 4) Build networks of business partners, suppliers, and customers who can collectively manage new ventures' risks by playing distinct roles. The book provides two tools for improving your risk IQ--the Risk Intelligence Audit and the Risk Scorecard--and concludes with a 10-step action plan for systematically raising your managerial and organizational risk IQ. Your reward? Smarter business decisions over time.
David Apgar is a managing director of the Corporate Executive Board, a best practices research organization serving senior executives at more than 2,500 leading institutions worldwide. He has incorporated the ideas of Risk Intelligence in a course on Risk Management and Development at Johns Hopkins' School of Advanced International Studies. He lives in Washington, DC.
SKU Unavailable
ISBN 13 9781591399544
ISBN 10 1591399548
Title Risk Intelligence
Author David Apgar
Condition Unavailable
Binding Type Hardback
Publisher Harvard Business Review Press
Year published 2006-08-07
Number of pages 210
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable