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Risk Assessment and Decision Making in Business and Industry: A Practical Guide
Author(s): Glenn Koller (Author)
- Publisher: CRC Press
- Publication Date: 1 Mar. 1999
- Edition: 1st
- Language: English
- Print length: 256 pages
- ISBN-10: 0849302684
- ISBN-13: 9780849302688
Book Description
Risk Assessment and Decision Making in Business and Industry: A Practical Guide presents an accessible treatment of the procedures and technologies involved in designing and building risk-assessment processes and models.
Areas examined include:
- brokerage-house portfolio management
- legal decision making
- construction
- oil/gas exploration
- environmental assessments
- engineering
- marketing
- government
- manufacturing
The entire volume is presented as a narrative, keeping statistical jargon to a minimum and explaining all concepts, techniques, and processes in a straightforward manner.
The author emphasizes that the technical aspects of a risk-assessment and decision-making effort are secondary to the cultural, organizational, and interpersonal facets of establishing a framework.
“Practical” is the operative term throughout the text. Risk Assessment and Decision Making in Business and Industry: A Practical Guide enables readers who are not risk experts to effect an easy execution of the risk model building effort.
Editorial Reviews
Review
“To describe [Koller’s] approach to risk management as pragmatic is understatement…He patiently walks you through what risk management is, how it works, and why so many organizations benefit from it. He introduces only the necessary amount of statistical building-blocks to help the logic build and is almost apologetic about the occasional reference to statistics or math. Along the way, it becomes obvious that he has guided you by the hand from one learning point to another with such subtlety that you arrive at the end of the book in about half the time you envisioned… But the most interesting aspect of Koller’s approach is his emphasis on interpersonal impacts of risk management and the importance of designing processes with an eye toward organizational dynamics…this book is worth reading because its focus is the bottom line and it doesn’t get lost on the journey. You won’t either.” -Marketing NPV
