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.

This book uses examples of managing risk in extreme environments to highlight the key principles of risk management which can be applied in a corporate setting.

About the Author
Duncan Martin was educated at Cambridge, UK, and at the University of 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.

Reviews
"i rarely read books twice but this one i will. all risk professionals, whatever their field, would benefit from reading this book." dr chris marrison, founder and ceo, risk integrated llc "extreme risk scenarios to practical risk management - thought-provoking and original. recommended for all cros." raj singh, cro, allianz ag "the core concepts of risk are invariable: frequency, severity, correlation and uncertainty, to counter which a responsible risk-management regime employs a three-step process: think, plan, do." engineering management, dec-jan '07 - '08 'this book should be a must for operational risk professionals' securities & investment review, jan 2008 "the author has interviewed specialists in all the fields covered who talk about their risk management plan practices - and their experiences in extreme circumstances, when the bets are off." e.manager, june 2008 "martin outlines risk management strategies for extreme environments [...] to explain how it works and how the lessons can be applied in corporate organizations and financial institutions." book news, library publication - usa, spring 2008



Book Information
ISBN 9780749449452
Author Duncan Martin
Format Hardback
Page Count 192
Imprint Kogan Page Ltd
Publisher Kogan Page Ltd
Weight(grams) 288g
Dimensions(mm) 240mm * 163mm * 25mm