The Black Swan Problem: Risk Management Strategies for a World of Wild Uncertainty Jankensgard Hakan
The Black Swan Problem: Risk Management Strategies for a World of Wild Uncertainty Jankensgard Hakan Proactive risk management is a common buzzword nowadays and a hot topic in the corporate world. We…
Specifikacia The Black Swan Problem: Risk Management Strategies for a World of Wild Uncertainty Jankensgard Hakan
The Black Swan Problem: Risk Management Strategies for a World of Wild Uncertainty Jankensgard Hakan
Proactive risk management is a common buzzword nowadays and a hot topic in the corporate world. We essentially live in a world of "wild uncertainty" instead of neat probabilities. The execution, however, is not as easy as it may seem.
The book explores different basic approaches - high-level strategies - for navigating in such a world. What should managers do about it? It argues that getting organizational culture and analytics right is a key aspect of making firms less "swan-prone." It explains and maps out the three generic strategies for increasing resilience/antifragility: insurance, buffers and flexibility.
Intriguingly, however, resilience and antifragility may not be the primary goals of some firms. There may in fact be a case to be made for engaging in "big-wave surfing" and maximising exposure to the swans. The book also covers some fascinating theories about risk-taking in
Wild Dogs of the World
Wild Cats of the World
Wild Animals of the World
Wild Animals of the World