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The Failure Of Risk Management: Why It'S Broken And How To Fix It-used
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A Practical Guide To Adopting An Accurate Risk Analysis Methodologythe Failure Of Risk Management Provides Effective Solutionstosignificantfaults In Current Risk Analysis Methods. Conventional Approaches To Managing Risk Lack Accurate Quantitative Analysis Methods, Yielding Strategies That Can Actually Make Things Worse. Many Widely Used Methods Have No Systems To Measure Performance, Resulting In Inaccurate Selection And Ineffective Application Of Risk Management Strategies. These Fundamental Flaws Propagate Unrealistic Perceptions Of Risk In Business, Government, And The General Public. This Book Provides Expert Examination Of Essential Areas Of Risk Management, Including Risk Assessment And Evaluation Methods, Risk Mitigation Strategies, Common Errors In Quantitative Models, And More. Guidance On Topics Such As Probability Modelling And Empirical Inputs Emphasizes The Efficacy Of Appropriate Risk Methodology In Practical Applications.Recognized As A Leader In The Field Of Risk Management, Author Douglas W. Hubbard Combines Sciencebased Analysis With Realworld Examples To Present A Detailed Investigation Of Risk Management Practices. This Revised And Updated Second Edition Includes Updated Data Sets And Checklists, Expanded Coverage Of Innovative Statistical Methods, And New Cases Of Current Risk Management Issues Such As Data Breaches And Natural Disasters. Identify Deficiencies In Your Current Risk Management Strategy And Take Appropriate Corrective Measures Adopt A Calibrated Approach To Risk Analysis Using Uptodate Statistical Tools Employ Accurate Quantitative Risk Analysis And Modelling Methods Keep Pace With New Developments In The Rapidly Expanding Risk Analysis Industryrisk Analysis Is A Vital Component Of Government Policy, Public Safety, Banking And Finance, And Many Other Public And Private Institutions. The Failure Of Risk Management: Why It'S Broken And How To Fix It Is A Valuable Resource For Business Leaders, Policy Makers, Managers, Consultants, And Practitioners Across Industries.
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- Q: What is the main focus of 'The Failure of Risk Management'? A: The book focuses on identifying and addressing significant flaws in current risk analysis methods, offering solutions for more accurate risk management strategies.
- Q: Who is the author of this book? A: The author is Douglas W. Hubbard, a recognized leader in the field of risk management.
- Q: What topics are covered in the book? A: The book covers risk assessment, risk evaluation methods, risk mitigation strategies, common errors in quantitative models, probability modeling, and empirical inputs.
- Q: Is this book suitable for beginners in risk management? A: Yes, the book is designed to be a practical guide for business leaders, policymakers, and practitioners, making it accessible for those new to risk management.
- Q: What edition is this book? A: This is the second edition, which includes updated data sets, expanded coverage of statistical methods, and new case studies.
- Q: How many pages does this book have? A: The book has a total of 384 pages.
- Q: What is the condition of the book? A: The book is brand new and is available in hardcover binding.
- Q: When was this book published? A: The book was published on March 4, 2020.
- Q: Can this book help improve my current risk management strategies? A: Yes, it provides expert guidance on identifying deficiencies in existing strategies and adopting more effective risk analysis methodologies.
- Q: What industries can benefit from this book? A: This book is beneficial for various sectors, including finance, government, public safety, and consulting, among others.