Finances and Money
The Tyranny of Uncertainty: A New Framework to Predict, Remediate and Monitor Risk free ebook download
Nabil Abu el Ata
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Authors: Abu el Ata, Nabil, Schmandt, Rudolf Explains why risk plans based on experience and statistical models often miss major sources of risk, in areas as diverse as information technology, business, government, environment, healthcare, and economy Provides a blueprint of how to use mathematical emulation to expose and monitor unexpected sources of risk Includes risk management use case examples for IT reengineering projects, business transformation projects, competitive strategy, supply chain management, healthcare, and economy The authors offer a revolutionary solution to risk management. Its the unknown risks that keep leaders awake at nightwondering how to prepare for and steer their organization clear from that which they cannot predict. Businesses, governments and regulatory bodies dedicate endless amounts of time and resources to the task of risk management, but every leader knows that the biggest threats will come from some new chain of events or unexpected surprisesnone of which will be predicted using conventional wisdom or current risk management technologies and so management will be caught completely off guard when the next crisis hits. By adopting a scientific approach to risk management, we can escape the limited and historical view of experience and statistical based risk management models to expose dynamic complexity risks and prepare for new and never experienced events. Number of Illustrations and Tables 116 b/w illustrations Topics Business Strategy/Leadership Simulation and Modeling Economic Theory/Quantitative Economics/Mathematical Methods Business Mathematics Economic Systems Energy Security
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