WATCH REPLAY: How to kill James Bond using Bayesian Inference

Proper risk management is vital to support decision making, to assess uncertainty and to balance the costs and benefits of your venture. It looks like most Bond movie villains are still stuck with heat maps to support their global domination plans.

And since they all fail, this has to stop. Typically, the goal of risk management applied to physical systems is to mitigate the risks to an acceptable level, but in this case, we will try to engineer-in more risk (for Commander Bond that is).

What is the risk-adjusted Return on Investment for killing a 00 agent? Let’s find out in this intermediate-level presentation, where you may learn a thing or two about models and running an evil consultant firm.

Disclaimer: This presentation contains some black humor. But it looks like there is a 25th James Bond movie coming in September 2021, as such he is yet unharmed, alas.

Alex has created a short bootcamp designed to help companies implement quantitative risk management. Imagine saving the company so much money that investing in risk management competencies and resources becomes a no brainer for the executives. That's exactly what Alex Sidorenko did at a global $10B chemical company and he has been kind enough to share his top tips and lessons learned with you each week. Sign up now!

https://2021.riskawarenessweek.com/talks/how-to-kill-james-bond-using-bayesian-inference/

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