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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.
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. .
“After a lifetime in business, I’ve never been able to develop a set of rules or a step-by-step formula that will guarantee success in anything, much less in a field as dynamic and changing as business. What I can do, however, is talk about how to lose. I guarantee that anyone who follows my formula will be a highly successful loser.” The Ten Commandments for Business Failure is a lighthearted cautionary bible for leaders from a hugely admired elder statesman who is sought out for advice by a wide circle of luminaries. Plenty of speakers and writers are happy to dispense advice on how to succeed in business. From football coaches to ex-CEOs to psychologists to preachers, success gurus are everywhere. But none of them can offer any guarantees; the true path to success can’t be laid out as a simple step-by-step plan. The same cannot be said of failure, however. Failure is easy. In fact, there are ten serious blunders companies and individuals make over and over again, leading to failure so consistently that the list ought to be written in stone. Don Keough, who has seen and heard a lot in his six decade career, calls them his Ten Commandments for Business Failure. They include such reliable bad advice as Quit Taking Risks, Be Inflexible, Assume Infallibility, Put All Your Faith in Experts, and Be Afraid of the Future.
Marcinko, former Navy SEAL and author of the nationally bestselling "Rogue Warrior" novel, now offers a book which shows how anyone can apply the leadership skills he has honed to the challenges of business.
Continues to fill gaps between the descriptive, conceptual, and transformative sustainability science Sustainability is increasingly important across functional sectors and scientific disciplines. Policy-makers, practitioners, and academics continue to wrestle with the complexity of risk, resilience, and sustainability, but because of the necessary transdisciplinary focus, it is difficult to find authoritative content in a single source. Sustainability Science: Managing Risk and Resilience for Sustainable Development, Second Edition, contributes to filling that gap and is completely revised with several new chapters. It asserts that all efforts for the sustainability of humankind are undermined by the four fundamental challenges of complexity, uncertainty, ambiguity, and dynamic change. While there are no silver bullets, this book contends that we need systems approaches, risk approaches, participatory approaches, and resilience approaches to address each of them and endeavours to provide such. With that in mind, this book describes the state of the world (Part I), proposes a way to approach the world (Part II), and suggests how to set out to change the world (Part III). ? Introduces a new agenda for sustainable development that reflects current thinking in sustainability science.? Draws lessons from the entire history of humankind to help us understand our present and inform decisions for ourfuture.? Operationalises key concepts to provide a clear link between theory to practice.? Combines a stern message about staggering sustainability challenges with advice for practical action and calls for hope.? Includes new chapters on complexity–what it is, how it manifests, and its consequences–on resistance to knowledge and change–focusing on the drivers behind the phenomena and how to overcome them–and more.
“Alex Ihama has done a superb job of digging deep into the existential aspects of leadership while simultaneously staying pragmatic in his approach and application.” – Dr. Sam Chand; Author, Leadership Pain; Georgia, USA. “This book is heaven’s voice of legacy that has the power to create a history that will resonate a sound for true preservation.” – R. Pepe Ramnath, PhD; Author, The Genetics of Vision; Florida, USA. “This combination of wisdom and insight from Dr. Myles Munroe and Alex Ihama will greatly enhance your leadership potential.” – Pastor Sunday Adelaja, Pastor, Embassy of God, Kiev, Ukraine. “Alex Ihama’s approach is effectively a deconstruction of traditional, classic definitions and models of leadership, and offers fresh ideas, observations, insights and questions.” – Dr. Bruce Cook, Chairman, Kingdom Congressional International Alliance; Washington DC, USA. “This is a culmination of experience, theory and practice, coming together to yield a master key to unlock the timeless secrets of the world’s greatest leaders”. – Professor Iyorwuese Hagher; Executive Director, African Leadership Institute; Ohio, USA. “This work appeals to the construct of so many minds-that of the philosopher, the psychologist, the sociologist, the businessman, the clergy and the academician.” - Dr. CB Peter Morgan; President, International Third World Leadership Association; Nassau, Bahamas.
Winter recreation in the mountains has increased steadily over the past few years, and so has the number of deaths and injuries caused by avalanches. Staying Alive in Avalanche Terrain covers everything you need to know to avoid trouble in avalanche terrain: what avalanches are and how they work, common myths, human activities that lead to avalanche trouble, what happens to victims when an avalanche occurs, and rescue techniques. Provides step- by-step instruction for determining avalanche hazards, using safe travel technique, and making effective rescues.
This compact, easy-to-read book aims at presenting the basic principles, practices, and advancements made in human resource management. It shows the enduring values of those principles, as well as the significance of the models, techniques and tools evolved - which may rightly be called classics as these have been propounded by HRM proponents, time tested, and proved permanent. The book covers three major subjects of manage-ment - Human Resource Management (HRM)/Human Resource Development (HRD), Organizational Behaviour (OB), and Organizational Development (OD) - under 18 different themes. What distinguishes the text is that it uses 300 models, techniques, and tools that are well established, practised, and proven in the field of HRM. The practical implications of these techniques are also discussed, enabling the reader to comprehend the concepts with ease. The book, which is a unique blend of theory and practice, would be useful to postgraduate students of management, all those specializing in human resource management, and the professionals.
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