1st Edition

Exploiting Future Uncertainty Creating Value from Risk

By David Hillson Copyright 2010
    220 Pages
    by Routledge

    by Routledge

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    Whatever the future holds, one thing is sure: nothing is certain except uncertainty. Prediction is always hard, especially about the future, but the biggest risk is not taking any risk at all. All businesses face significant levels of uncertainty these days. To succeed you need to exploit future uncertainty, turning it to your advantage by managing risk effectively. This book shows you how. In his role as The Risk Doctor, international risk consultant Dr David Hillson has advised many major organisations across the globe, showing them how to create value from risk. Now you can benefit from his unique approach and insights. Exploiting Future Uncertainty contains more than sixty focused briefings, each addressing a key part of the risk challenge. Using five themes, David covers the links between better business and risk-taking, basic risk concepts, making risk management work in practice, people aspects, and managing risk in the wider world. Each section is packed with clear practical advice with specific how-to tips and guidance. David Hillson is one of the most influential writers and consultants on risk and in Exploiting Future Uncertainty he offers his prescription for effective risk management in 21st Century businesses.

    Contents: Prologue; Introduction: what's new?; Risk management and better business; Risk concepts; Making it happen - risk management in practice; The P-factor - people; The wider world; Conclusion: over to you; Epilogue; About the author; Useful references; Index.


    Dr David Hillson is an international risk management consultant, and Director of Risk Doctor & Partners (www.risk-doctor.com). He is recognised globally as a leading thinker and expert practitioner in risk management, and he has made several innovative contributions to the field. He writes and speaks widely on the topic and has received several awards for his work. David has over 25 years experience in risk consulting and has worked in more than 40 countries, providing support to clients in every major industry sector, including construction, telecommunications, pharmaceutical, financial services, transport, fast-moving consumer goods, energy, IT, defence and government. David's input includes strategic direction to organisations facing major challenges as well as tactical advice on achieving value and competitive advantage. David was elected a Fellow of the Royal Society for the encouragement of Arts, Manufactures & Commerce (RSA) in order to contribute to its Risk Commission in 2006. He is also a Fellow of the Institute of Risk Management (IRM) and the Chartered Management Institute (CMI), and an Honorary Fellow of the UK Association for Project Management (APM).