Douglas W. Hubbard Books

A practical guide to adopting an accurate risk analysis methodology The Failure of Risk Management provides effective solutionstosignificantfaults in current risk analysis methods. Conventional approaches to managing risk lack accurate quantitative analysis methods, yielding strategies that can actually make things worse. Many widely used methods have no systems to measure performance, resulting in inaccurate selection and ineffective application of risk management strategies. These fundamental flaws propagate unrealistic perceptions of risk in business, government, and the general public. This book provides expert examination of essential areas of risk management, including risk assessment and evaluation methods, risk mitigation strategies, common errors in quantitative models, and more. Guidance on topics such as probability modelling and empirical inputs emphasizes the efficacy of appropriate risk methodology in practical applications. Recognized as a leader in the field of risk management, author Douglas W. Hubbard combines science-based analysis with real-world examples to present a detailed investigation of risk management practices. This revised and updated second edition includes updated data sets and checklists, expanded coverage of innovative statistical methods, and new cases of current risk management issues such as data breaches and natural disasters. Identify deficiencies in your current risk management strategy and take appropriate corrective measures Adopt a calibrated approach to risk analysis using up-to-date statistical tools Employ accurate quantitative risk analysis and modelling methods Keep pace with new developments in the rapidly expanding risk analysis industry Risk analysis is a vital component of government policy, public safety, banking and finance, and many other public and private institutions. The Failure of Risk Management: Why It's Broken and How to Fix It is a valuable resource for business leaders, policy makers, managers, consultants, and practitioners across industries

Now updated with new research and intuitive explanations, this book offers a demystifying guide for managers to make less risky, more profitable business decisions. It reveals how to measure aspects of your business previously deemed "immeasurable," such as customer satisfaction, organizational flexibility, technology risk, and technology ROI. The text provides powerful measurement methods applicable to risk management and customer satisfaction, challenging the notion that certain elements are immeasurable due to misconceptions about measurement techniques. It addresses common reasoning behind claims of immeasurability and offers practical methods for assessing various "intangibles." The author incorporates recent research, particularly regarding methods that resemble measurement but act as a "placebo effect" for management, clarifying how to distinguish effective techniques from management myths. Written by Douglas Hubbard, a recognized expert and creator of Applied Information Economics, this edition illustrates how his approach has been successfully applied across industries, demonstrating that any problem, regardless of its complexity or uncertainty, can be measured using proven methods.

Lord Kelvin powtarzał, że jeśli nie potrafisz czegoś zmierzyć, to nie znasz tego wystarczająco dobrze. Ta zasada w pełni odnosi się do analizy ryzyka w cyberbezpieczeństwie, a słabość pomiarów prowadzi do podejmowania błędnych decyzji. Oto drugie wydanie książki, którą specjaliści CISO uznali za przełomową. Dowiesz się z niej, jak kwantyfikować niepewność i jak za pomocą prostych metod i narzędzi poprawić ocenę ryzyka w nowoczesnych organizacjach. Znalazły się tu nowe techniki modelowania, pomiaru i szacowania, a także mnóstwo praktycznych wskazówek dotyczących wdrażania tych rozwiązań w formie spójnego programu. Nauczysz się też oceniać ryzyko, gdy masz dostęp do niewielu danych. Przekonasz się, że zamiast metod jakościowych dużo lepsze efekty w zarządzaniu ryzykiem cyberbezpieczeństwa osiąga się dzięki kwantyfikacji i zaplanowanym pomiarom.