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.
https://2021.riskawarenessweek.com/talks/how-to-kill-james-bond-using-bayesian-inference/
Check out other risk management books
RISK-ACADEMY offers online courses
Informed Risk Taking
Learn 15 practical steps on integrating risk management into decision making, business processes, organizational culture and other activities!
ISO31000 Integrating Risk Management
Alex Sidorenko, known for his risk management blog http://www.riskacademy.blog, has created a 25-step program to integrate risk management into decision making, core business processes and the overall culture of the organization.
Advanced Risk Governance
This course gives guidance, motivation, critical information, and practical case studies to move beyond traditional risk governance, helping ensure risk management is not a stand-alone process but a change driver for business.
