The Failure Of Risk Management - Why It's Broken And How To Fix It by Douglas W. Hubbard

Download Book The Failure Of Risk Management - Why It's Broken And How To Fix It by Douglas W. Hubbard [PDF/ePUB]

This book "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." - product description.

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“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.” ― Albert Einstein

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