Risk Intelligence: Learning to Manage What We Don’t Know
David Apgar
Format: Hardcover, 210pp.
ISBN: 9781591399544
Publisher: Harvard Business School Press
Pub. Date: August 2006
Average Customer Review:
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Description and Reviews
From The Publisher:
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.
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About the Author
David Apgar is Managing Director of the Corporate Executive Board, the premier membership organisation for senior executives of leading institutions worldwide to discover innovative strategies for addressing their most pressing challenges.
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