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Books > Business & Economics > Business & management > Management & management techniques > Management decision making
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Estimating Risk - A Management Approach (Hardcover, New Ed)
Loot Price: R4,148
Discovery Miles 41 480
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Estimating Risk - A Management Approach (Hardcover, New Ed)
Expected to ship within 12 - 17 working days
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Andy Garlick's book explores the role of quantitative techniques in
modern risk management. Risk management has grown in importance in
most organisations in the last 20 years, but in many remains simply
a matter of processing lists of risks and actions. The author
argues that this fails to make the most of the techniques available
and that organisations can improve their risk decision making by
using risk models. His book describes a broad range of modelling
techniques, all illustrated by business-relevant examples. The role
of the models in decision making is also discussed, with particular
emphasis on what the risk premium - the price people charge for
accepting risk - is and should be. In order to provide a self
contained account the underpinning material from probability and
decision theory is also included, so that the book will provide a
handy reference guide for all practitioners. The discussion is
consistently informal, and the book provides a critical view of the
accepted wisdom in risk management. This book will enable managers
and their specialist advisors to improve their approach to risk
whilst removing the mystique.
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