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Managing Risk: Best-practice and Next-practice David Hillson

Managing Risk: Best-practice and Next-practice

David Hillson

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Kindle Edition
94 pages
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 About the Book 

From Risk Doctor, David Hillson:Life is uncertain, and everything that is worth doing involves risk. We cannot escape from risk in our personal lives (health, family, career, finances, community, etc.) or in our professional lives (reputation,MoreFrom Risk Doctor, David Hillson:Life is uncertain, and everything that is worth doing involves risk. We cannot escape from risk in our personal lives (health, family, career, finances, community, etc.) or in our professional lives (reputation, safety, regulation, supply chains, etc.). But with risk comes the possibility of reward. The uncertain future allows us to exercise choice, to prepare ourselves to face what is coming towards us, to develop resilience and to deploy resources. There are also opportunities linked to future uncertainty: opportunities to innovate, to change, to discover, to learn.In nearly thirty years working in the risk field, I have found risk everywhere. I have also found huge variation in the ability of individuals, groups and organisations to manage their risks effectively. Some do very well, exploiting uncertainty to create value from risk. Others struggle to respond to risks that seem unmanageable, or they are constantly surprised by unexpected events for which they are not prepared.The mission of Risk Doctor & Partners is “to help others to deal effectively with uncertainty wherever and however they encounter it.” Through our consulting, speaking and writing, we aim to offer practical expert advice that is based on the latest risk thinking, but that can also be implemented directly in real life situations. The articles in this e-book are part of the way we are fulfilling our mission, providing insights into the true nature of risk, giving tips on how it can be managed effectively, and exploring new ideas that can help us to be better prepared for the uncertain future.I hope you find these articles useful as you tackle your own unique risk challenge. You can find other helpful risk resources on the Risk Doctor website, including videos, webinars and other articles. You cannot avoid risk or exclude it from your experience. But you can understand it and manage it, minimising your threats and maximising your opportunities, and exploiting uncertainty to create value from risk.