An essential guide to the calibrated risk analysis approach

The Failure of Risk Management takes a close look at misused and misapplied basic analysis
methods and shows how some of the most popular "risk management" methods are no better than
astrology! Using examples from the 2008 credit crisis, natural disasters, outsourcing to
China, engineering disasters, and more, Hubbard reveals critical flaws in risk management
methods.and shows how all of these problems can be fixed. The solutions involve combinations
of scientifically proven and frequently used methods from nuclear power, exploratory oil,
and other areas of business and government. Finally, Hubbard explains how new forms of
collaboration across all industries and government can improve risk management in every field.

Douglas W. Hubbard (Glen Ellyn, IL) is the inventor of Applied Information Economics (AIE)
and the author of Wiley's How to Measure Anything: Finding the Value of Intangibles in Business
the #1 bestseller in business math on Amazon. He has applied innovative risk assessment and
risk management methods in government and corporations since 1994.

Download File Size:2.6 MB

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