Managing Risk in Extreme Environments: Front-line Business Lessons for Corporates and Financial Institutions

by Duncan Martin

Overview

When it really is a matter of life and death, how do risk management strategies stand up to the pressure?

Do such radical situations have a practical relevance to risk management policies in today's business and financial worlds?

Managing Risk in Extreme Environments looks at real-life examples - from epidemics to earthquakes - to showcase risk management strategies which have been tested in adverse conditions and shown to succeed. The author then demonstrates how the lessons learnt from each can be effectively applied in business.

Including first-hand interviews, and a summary of core risk management concepts, this is essential reading for all risk management professionals and business managers.

Product Details

ISBN-13:	9780749449452
Publisher:	Kogan Page, Ltd.
Publication date:	11/27/2007
Pages:	192
Product dimensions:	6.42(w) x 9.45(h) x 0.98(d)

About the Author

Duncan Martin was educated at Cambridge, UK, and at the Universityof Pennsylvania. He has worked in over a dozen countries and speaks five languages. He was a consultant at Booz Allen & Hamilton and Oliver Wyman & Company, and Director of Strategic Risk at DrKW. He presently works in risk management at RBS Wholesale.

Read an Excerpt

Introduction; Stuff happens; Case studies - Epidemic, Wildfire, Terrorism, Extreme humanitarian aid, Mountain, Meltdown, Extraction, Flood, Earthquake; Managing risk in extreme environments; So what? The implications for business; The seven laws of extreme risk management.

Table of Contents

** Chapter - 00: Introduction; * Section - ONE: Case Studies; ** Chapter - 01: Epidemic; ** Chapter - 02: Wildfire; ** Chapter - 03: Terrorism; ** Chapter - 04: Extreme humanitarian aid; ** Chapter - 05: Mountain; ** Chapter - 06: Meltdown; ** Chapter - 07: Extraction; ** Chapter - 08: Flood; ** Chapter - 09: Earthquake; * Section - TWO: Themes; ** Chapter - 10: Managing risk in extreme environments; ** Chapter - 11: So what?; ** Chapter - 12: The seven laws of extreme risk management

Editorial Reviews

"A must for operational risk professionals." -- Securities & Investment Review

"Martin offers in-depth insight on how to deal with any disaster... few publications could hope to offer the insight of such an array of global specialists." -- Risk Management

"A timely, well-written work... an excellent starting point for analysts and management teachers... Highly recommended." -- Choice

From the Publisher