Risk: A User's Guide

Description

An entirely new way to understand risk and master uncertainty in business, from the bestselling author of Team of Teams Retired four-star general Stan McChrystal has lived a life associated with the deadly risks of combat; he has seen how individuals and organizations, too often and to great cost, fail to mitigate risk. Why? Because they focus on the probability of something happening instead of the interface by which it can be managed. In Control, McChrystal offers a new system of responding to risk, through ten dimensions of control we can adjust at any given time including- diversity, adaptability, communication, technology, and leadership. By monitoring these controls, we can anticipate, identify, analyze, and act when things do not go as planned. Drawing on compelling examples ranging from military history to the business world, and offering practical exercises, McChrystal illustrates how these ten factors are almost always in effect, and how by considering them, individuals and organizations can exert mastery over risk.

Stanley McChrystal retired in July 2010 as a four-star general in the US Army. His last assignment was as the commander of the International Security Assistance Force and as the commander of the US forces in Afghanistan. He had previously served as the director of the Joint Staff and as the commander of the Joint Special Operations Command. The author of My Share of the Task, Team of Teams, and Leaders, he is currently a senior fellow at Yale University's Jackson Institute for Global Affairs and the cofounder of the McChrystal Group, a leadership consulting firm.