The Failure Of Risk Management Why Its Broken And How To Fix It Douglas W Hubbard by Douglas W Hubbard 9780470387955, 9780470483435, 9780470483442, 9780470483749, 0470387955, 0470483431, 047048344X, 0470483741 instant download after payment.

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 methodsâ??and shows how all of these problems can be fixed. The solutions involve combinations of scientifically proven and frequently used methods from nuclear power,
Abstract: 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 methodsâ??and shows how all of these problems can be fixed. The solutions involve combinations of scientifically proven and frequently used methods from nuclear power