Prepare to Dare

Prepare to Dare is a book on risk management in general. It describes the elements of risk management as well as how to implement these

Use heatmaps is described as these are commonly requested by regulators and executives and boards. These are not advocated, and the book demonstrates the better ways of monitoring and reorting on uncertainty.

The book inclues a discussion of risk management aturity as well as provide an assessment guide which enables identifying improvement oppotunities.

The book has been recommended by

  • Professor Torben Juul Andersen og Copenhagen Business School
  • Dr. Mark Frigo of university of Chicago
  • Alex Sidorenko, CRO of a large phamaceutical company

The book can be purchased as pdf using PayPal on the below link.

Decide to Succeed

Decide to Succeed is a small (74 page) book desribes how to effectively implement decision risk management.

First it describes the decision process of any organisation, and split this in element of "what" and a "how". Whereas the what can be difficult to affect, the how is often both easier and more efficient to affect.

The purpose of doing this is to ensure a hgher likelihood of success, i.e. meeting or exceeding targets.

The book is based on a reference decision - of a product launch - and demnstrates how this can be risk managed on time and money simultaneously.

The approach leverages Monet Carlo silumation and is able to report on the likelihood of:

  • Meeting/exceeding targets
  • Falling short, but within an acceptable range
  • Deliver unacceptable poor performance

When buying the book, you get the pdf of the book as well as the reference project model which works with the Monte Carlo simulation tools of both:

  • @Risk from Palisades
  • ModelRisk from Vose software

The book exemplifies the use of intelligent risk taking.