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The Ten Commandments of Risk Leadership - A Behavioral Guide on Strategic Risk Management (Hardcover, 1st ed. 2022)
Loot Price: R1,734
Discovery Miles 17 340
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The Ten Commandments of Risk Leadership - A Behavioral Guide on Strategic Risk Management (Hardcover, 1st ed. 2022)
Series: Future of Business and Finance
Expected to ship within 12 - 17 working days
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We as humans are prone to a variety of wired-in cognitive mistakes
in the way we interpret and react to risk-related information. This
is highly consequential since the cognitive biases managers are
exposed to in their day-to-day business erode the objectivity of
their risk-related decisions, which ultimately hurts the financial
well-being of their firms. This book seeks to develop risk literacy
as a leadership skill. It helps managers develop the skills to
improve managerial decision-making in regards to managing risk. The
last decades have offered various insights into how human nature
often gets in the way of rational decision-making. This book is a
valuable resource for insurance executives, chief risk officers,
company leaders, and graduate students of risk management and risk
psychology. It is the first behavioral risk management guide for
managers and other interested readers - using examples from
economic theory, behavioral finance, and game theory, it studies
the hidden forces that drive our decision-making processes under
risk.
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