Download or read book Exploiting Future Uncertainty written by David Hillson and published by Taylor & Francis. This book was released on 2017-03-02 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Exploiting Future Uncertainty written by David Hillson and published by Routledge. This book was released on 2017-03-02 with total page 151 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book The Uncertainty Mindset written by Vaughn Tan and published by Columbia University Press. This book was released on 2020-07-28 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Innovation is how businesses stay ahead of the competition and adapt to market conditions that change in unpredictable and uncertain ways. In the first decade of the twenty-first century, high-end cuisine underwent a profound transformation. Once an industry that prioritized consistency and reliability, it turned into one where constant change was a competitive necessity. A top restaurant’s reputation and success have become so closely bound up with its ability to innovate that a new organizational form, the culinary research and development team, has emerged. The best of these R&D teams continually expand the frontiers of food—they invent a constant stream of new dishes, new cooking processes and methods, and even new ways of experiencing food. How do they achieve this nonstop novelty? And what can culinary research and development teach us about how organizations innovate? Vaughn Tan opens up the black box of elite culinary R&D to provide essential insights. Drawing on years of unprecedented access to the best and most influential culinary R&D teams in the world, he reveals how they exemplify what he calls the uncertainty mindset. Such a mindset intentionally incorporates uncertainty into organization design rather than simply trying to reduce risk. It changes how organizations hire, set goals, and motivate team members and leads organizations to work in highly unconventional ways. A revelatory look at the R&D kitchen, The Uncertainty Mindset upends conventional wisdom about how to organize for innovation and offers practical insights for businesses trying to become innovative and adaptable.
Download or read book Entrepreneurial Action written by Andrew C. Corbett and published by Emerald Group Publishing. This book was released on 2012-07-17 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 14 addresses the central issue of entrepreneurial action: while many factors are important to the phenomenon of entrepreneurship, entrepreneurship does not happen until someone takes action!
Download or read book Hacking Uncertainty written by Price Pritchett and published by . This book was released on 2011-12 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transnational Corporations and the Exploitation of Natural Resources written by Bruce McKern and published by Taylor & Francis. This book was released on 1993 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing the Continuum Certainty Uncertainty Unpredictability in Large Engineering Projects written by Franco Caron and published by Springer Science & Business Media. This book was released on 2013-05-24 with total page 89 pages. Available in PDF, EPUB and Kindle. Book excerpt: The brief will describe how to develop a risk analysis applied to a project , through a sequence of steps: risk management planning, risk identification, risk classification, risk assessment, risk quantification, risk response planning, risk monitoring and control, process close out and lessons learning. The project risk analysis and management process will be applied to large engineering projects, in particular related to the oil and gas industry. The brief will address the overall range of possible events affecting the project moving from certainty (project issues) through uncertainty (project risks) to unpredictability (unforeseeable events), considering both negative and positive events. Some quantitative techniques (simulation, event tree, Bayesian inference, etc.) will be used to develop risk quantification. The brief addresses a typical subject in the area of project management, with reference to large engineering projects concerning the realization of large plants and infrastructures. These projects are characterized by a high level of change, uncertainty, complexity and ambiguity. The brief represents an extension of the material developed for the course Project Risk Analysis and Management of the Master in Strategic Project Management (Erasmus Mundus) developed jointly by Politecnico di Milano, Heriot Watt University (Edimburgh) and Umea (Sweden). The brief may be used both in courses addressing project management subjects and by practitioners as a guide for developing an effective project risk management plan.
Download or read book Gower Handbook of Project Management written by Professor J Rodney Turner and published by Gower Publishing, Ltd.. This book was released on 2014-04-28 with total page 1036 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over five editions, Gower Handbook of Project Management has become the definitive desk reference for project management practitioners. The Handbook gives an introduction to, and overview of, the essential knowledge required for managing projects. The selected team of contributors includes many of the most experienced and highly regarded international writers and practitioners. The Fifth Edition has been substantially restructured. All but two of the authors are new, reflecting the fast changing and emerging perspectives on projects and their management. The discrete nature of each chapter makes this Handbook a wonderful source of advice and background theory that is easy to consult. Gower Handbook of Project Management is an encyclopaedia for the discipline and profession of project management; a bible for project clients, contractors and students.
Download or read book Opportunity written by and published by . This book was released on 1969 with total page 748 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Hybrid Offline Online Methods for Optimization Under Uncertainty written by A. De Filippo and published by IOS Press. This book was released on 2022-04-12 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Balancing the solution-quality/time trade-off and optimizing problems which feature offline and online phases can deliver significant improvements in efficiency and budget control. Offline/online integration yields benefits by achieving high quality solutions while reducing online computation time. This book considers multi-stage optimization problems under uncertainty and proposes various methods that have broad applicability. Due to the complexity of the task, the most popular approaches depend on the temporal granularity of the decisions to be made and are, in general, sampling-based methods and heuristics. Long-term strategic decisions that may have a major impact are typically solved using these more accurate, but expensive, sampling-based approaches. Short-term operational decisions often need to be made over multiple steps within a short time frame and are commonly addressed via polynomial-time heuristics, with the more advanced sampling-based methods only being applicable if their computational cost can be carefully managed. Despite being strongly interconnected, these 2 phases are typically solved in isolation. In the first part of the book, general methods based on a tighter integration between the two phases are proposed and their applicability explored, and these may lead to significant improvements. The second part of the book focuses on how to manage the cost/quality trade-off of online stochastic anticipatory algorithms, taking advantage of some offline information. All the methods proposed here provide multiple options to balance the quality/time trade-off in optimization problems that involve offline and online phases, and are suitable for a variety of practical application scenarios.
Download or read book Deposit and Geoenvironmental Models for Resource Exploitation and Environmental Security written by Andrea G. Fabbri and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt: Geological processes affect the earth itself and human society. Solutions to geological problems, whether natural or man-made, demand close international collaboration. This book presents new approaches to current problems of environmental assessment, demonstrates the interactions between those involved in addressing global problems, and represents a means for the education of others. The book focuses on four major themes: geoenvironmental models, GIS methods and techniques, assessment and resource management, and resource policies and sustainable development. The major topics falling under each theme are introduced, followed by discussions of specific applications. Reports of the discussions of working groups are also presented to round out the individual contributions. The disciplines represented include geology, geophysics, geochemistry, remote sensing, economics, biology, mining engineering, resource analysis, mathematics and statistics.
Download or read book Exploitation of Marine Communities written by Robert May and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: free from any of the overtones that often constrain professional fisheries meetings. The present volume is the result. This volume aims to be useful as an appraisal of the state of the art by a mixed collection of insiders and outsiders. Most interestingly, I think, it aims (especially in the four group reports) to identify some of the major areas of unresolved controversy and some of the major questions yet unanswered. I see the book as essentially a tentative statement - often by several dissonant voices - about directions in which we may be heading; the book is emphatically not a canonical utterance on how to do things. It is intended to stimulate, not to codify. Following the usual Dahlem Workshop format, the discussions were organized under four themes. Although crisp demarcation is not possible, the first two themes broadly deal with biological aspects of the dynamics of single populations and the dynamics of systems with many species. The later two themes take up questions of management under uncertainty and multispecies management. In all this, the word "fish" is interpreted broadly to include such taxonomically varied beasts as whales, shrimp, crabs, shellfish, and squid, along with fish in a strictly zoological sense.
Download or read book Natural Capital and Exploitation of the Deep Ocean written by Maria Baker and published by Oxford University Press. This book was released on 2020-08-28 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: The deep ocean is by far the planet's largest biome and holds a wealth of potential natural assets. Human exploitation of the deep ocean is rapidly increasing whilst becoming more visible to many through the popular media, particularly film and television. The scientific literature of deep-sea exploitation and its effects has also rapidly expanded as a direct function of this increased national and global interest in exploitation of deep-sea resources, both biological (e.g. fisheries, genetic resources) and non-biological (e.g. minerals, oil, gas, methane hydrate). At the same time there is a growing interest in deep-sea contamination (including plastics), with many such studies featured in high profile scientific journals and covered by global media outlets. However, there is currently no comprehensive integration of this information in any form and these topics are only superficially covered in classic textbooks on deep-sea biology. This concise and accessible work provides an understanding of the relationships between biodiversity and ecosystem functioning, both at the seafloor and in the water column, and how these might be affected as a result of human interaction, exploitation and, ultimately, environmental change. It follows a logical progression from geological and physical processes, ecology, biology, and biogeography, to exploitation, management, and conservation. Natural Capital and Exploitation of the Deep Ocean is aimed at marine biologists and ecologists, oceanographers, fisheries scientists and managers, fish biologists, environmental scientists, and conservation biologists. It will also be of relevance and use to a multi-disciplinary audience of fish and wildlife agencies, NGOs, and government departments involved in deep-sea conservation and management.
Download or read book Making Risky and Important Decisions written by Ruth Murray-Webster and published by CRC Press. This book was released on 2021-06-11 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a practical insight to leaders who need to make good decisions in risky and important situations. The authors describe a process for making risk-intelligent decisions, explaining complex ideas simply, and mapping a route through the myriad interrelated influences when groups make decisions that matter. The approach puts the decision maker—you—at the center and explains how you can think and act differently to make better decisions more of the time. The book shows how to Determine the appropriate level of risk Make decisions in uncertain and turbulent conditions Understand how risks are perceived to identify them accurately Develop new behaviors to improve decision-making Making Risky and Important Decisions: A Leader’s Guide builds on earlier ground-breaking publications from these two recognized thought leaders. Their first book together, Understanding and Managing Risk Attitude, brought together the language of risk and risk-taking with the language of emotional intelligence and emotional literacy. Managing Group Risk Attitude followed, and focused on decision-making groups, creating new insights and frameworks. Both books are positioned as specialist textbooks, despite their relevance to real-world situations. A Short Guide to Risk Appetite brought together the concepts of risk appetite and risk attitude into one place for the first time, cutting through confusing terminology and confused thinking to create a practical way of understanding "how much risk is too much risk." This latest installment from Ruth Murray-Webster and David Hillson takes the breadth of their previous work, adds new insights and thinking, and distills it into a highly usable guide for hard-pressed leaders.
Download or read book Modes of Uncertainty written by Limor Samimian-Darash and published by University of Chicago Press. This book was released on 2015-07-16 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The notion of risk, while receiving a great deal of scholarly attention, cannot fully explain the forms of uncertainty that we see around the world today. Distinguishing between danger, risk, and uncertainty, the essays in this book, by a group of leading junior scholars, consider problems of uncertainty in various domainsfinance and markets, security and humanitarianism, environment and health. While not ignoring previous scholarship on risk, this volume provides new analytical tools and case studies for understanding the many forms of uncertainty prevalent today. What kinds of truth claims about the future are common? What interventions are considered appropriate? What modes of subjectivity are produced within these policy frameworks? "Modes of Uncertainty" clears the path to answering these questions, among others, advancing our understanding of the forms of uncertainty that concern us all."
Download or read book Managing Risk in Projects written by David Hillson and published by Routledge. This book was released on 2017-05-15 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Projects are risky undertakings, and modern approaches to managing projects recognise the central need to manage the risk as an integral part of the project management discipline. Managing Risk in Projects places risk management in its proper context in the world of project management and beyond, and emphasises the central concepts that are essential in order to understand why and how risk management should be implemented on all projects of all types and sizes, in all industries and in all countries. The generic approach detailed by David Hillson is consistent with current international best practice and guidelines (including 'A Guide to the Project Management Body of Knowledge' (PMBoK) and the 'Project Risk Management Practice Standard' from PMI, the 'APM Body of Knowledge' and 'Project Risk Analysis & Management (PRAM) Guide' from APM, 'Management of Risk: Guidance for Practitioners' from OGC, and the forthcoming risk standard from ISO) but David also introduces key developments in the risk management field, ensuring readers are aware of recent thinking, focusing on their relevance to practical application. Throughout, the goal is to offer a concise description of current best practice in project risk management whilst introducing the latest relevant developments, to enable project managers, project sponsors and others responsible for managing risk in projects to do just that - effectively.
Download or read book Flexibility and Real Estate Valuation under Uncertainty written by David Geltner and published by John Wiley & Sons. This book was released on 2018-04-30 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a revolutionary conceptual framework and practical tools to quantify uncertainty and recognize the value of flexibility in real estate development This book takes a practical "engineering" approach to the valuation of options and flexibility in real estate. It presents simple simulation models built in universal spreadsheet software such as Microsoft Excel®. These realistically reflect the varying and erratic sources of uncertainty and price dynamics that uniquely characterize real estate. The text covers new analytic procedures that are valuable for existing properties and enable a new, more profitable perspective on the planning, design, operation, and evaluation of large-scale, multi-phase development projects. The book thereby aims to significantly improve valuation and investment decision making. Flexibility and Real Estate Valuation under Uncertainty: A Practical Guide for Developers is presented at 3 levels. First, it introduces and explains the concepts underlying the approach at a basic level accessible to non-technical and non-specialized readers. Its introductory and concluding chapters present the important “big picture” implications of the analysis for economics and valuation and for project design and investment decision making. At a second level, the book presents a framework, a roadmap for the prospective analyst. It describes the practical tools in detail, taking care to go through the elements of the approach step-by-step for clarity and easy reference. The third level includes more technical details and specific models. An Appendix discusses the technical details of real estate price dynamics. Associated web pages provide electronic spreadsheet templates for the models used as examples in the book. Some features of the book include: • Concepts and tools that are simple and accessible to a broad audience of practitioners; • An approach relevant for all development projects; • Complementarity with the author's Commercial Real Estate Analysis & Investments—the most-cited real estate investments textbook on the market. Flexibility and Real Estate Valuation under Uncertainty: A Practical Guide for Developers is for everyone studying or concerned with the implementation of large-scale or multi-phase real estate development projects, as well as property investment and valuation more generally.
