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Cover image for product 0470592419
Jones
ISBN: 978-0-470-59241-0
Paperback
360 pages
November 2011, ©2012
This is an out of stock title.
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Learn to apply the fundamental aspects of risk—regardless of the situation

We'd all like to eliminate risk from our decision-making, but unfortunately this goal is unachievable. No single across-the-board solution holds the power to tackle all of the surprises life throws at us. As much as we try to avoid them, unfavorable outcomes will inevitably occur. . . sometimes. Yet there are things you can do to help stack the deck in your favor. You don't have to be a statistician or mathematician to become an expert in managing the future's uncertainty. 20% Chance of Rain enables the reader to form a robust understanding of risk that can be applied to decision-making by:

  • Teaching the fundamental concepts of risk through the extensive use of practical situations to help the reader apply what is learned to a wide variety of situations

  • Providing actual illustrations of risk analysis, risk assessment, and risk management, complementing the rigorous mathematics taught in most risk courses

  • Communicating complex risk concepts in a simple, clear, and interesting manner using real-life examples and problems

  • Including case studies, from NASA and other industries, providing the basis for additional discussions and allowing the reader to see actual applications of risk-based decision-making

From individuals to businesses to government agencies, risk is the common denominator. Successful strategies for managing the future's uncertainty or risk may seem simple and straightforward on the surface, yet they can be extremely complex and subtle. Understanding the best ways to employ these multi-faceted tactics is critical in the face of the ups and downs that loom behind every choice we make. Life is truly a series of choices and 20% Chance of Rain can help you manage the future's uncertainty in today's dynamic, complex, and shrinking world.

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