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Sunday, May 22, 2022

Risk, A Users Guide

 Finished reading.   Many of the examples are military, which is OK by me.  Success and Failure  looking back onto  actions.  Does a nice job of describing military risk and results analyses methods like  'After-action reviews' and results and failure analyses, of course by themselves a way to measure future risk in context. Would have liked more distinctly quantitative forecasting style analyses.   But worth the read.  

Risk: A User's Guide Hardcover – October 5, 2021   by Stanley McChrystal (Author), Anna Butrico (Author)

From the bestselling author of Team of Teams and My Share of the Task, an entirely new way to understand risk and master the unknown.

Retired four-star general Stan McChrystal has lived a life associated with the deadly risks of combat. From his first day at West Point, to his years in Afghanistan, to his efforts helping business leaders navigate a global pandemic, McChrystal has seen how individuals and organizations fail to mitigate risk. Why? Because they focus on the probability of something happening instead of the interface by which it can be managed.

In this new book, General McChrystal offers a battle-tested system for detecting and responding to risk. Instead of defining risk as a force to predict, McChrystal and coauthor Anna Butrico show that there are in fact ten dimensions of control we can adjust at any given time. By closely monitoring these controls, we can maintain a healthy Risk Immune System that allows us to effectively anticipate, identify, analyze, and act upon the ever-present possibility that things will not go as planned.

Drawing on examples ranging from military history to the business world, and offering practical exercises to improve preparedness, McChrystalillustrates how these ten factors are always in effect, and how by considering them, individuals and organizations can exert mastery over every conceivable sort of risk that they might face.

We may not be able to see the future, but with McChrystal’s hard-won guidance, we can improve our resistance and build a strong defense against what we know—and what we don't. .... ' 


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