Conducting a Risk Strategy Audit: Managing Learnable Risks
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- Synopsis
- One of the primary myths about risk is that there's no pattern to how risks evolve. The author argues, however, that nonrandom, or learnable risks, have natural life cycles, which has a big impact on how we should select risky projects and activities. This chapter reveals where your major risks are in their life cycles. The result is a picture of your risk pipeline that highlights where you have taken on too many risks that require intensive learning and where you may be developing too few risk skills to stay competitive. The risk strategy audits provide a practical way to implement one of the rules of risk intelligence: Sequence risky projects in a "learning pipeline." This chapter is excerpted from "Risk Intelligence: Learning to Manage What We Don't Know."
- Copyright:
- 2006
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.