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Modern Risk Management

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Abstract

When organizations are able to analyze and control dynamic complexity, they can establish market advantage by becoming better managed and more agile than their competitors. We envision a new era of risk management, in which our proposed methods of universal risk management enable organizations to more accurately predict the future and take strategic actions to improve business outcomes. The ways and means of achieving this goal are based upon our own real-life experiences, backed by scientific principles, and the proven results we have achieved through consulting engagements with over 350 global organizations.

Knowing is not enough; we must apply. Willing is not enough; we must do.

—Johann Wolfgang von Goethe

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Notes

  1. 1.

    A measure of disorder in a system.

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© 2016 Springer-Verlag Berlin Heidelberg

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Abu el Ata, N., Schmandt, R. (2016). Modern Risk Management. In: The Tyranny of Uncertainty. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-49104-1_11

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