The Ten Commandments of Risk Leadership - 9783030887995

Springer Nature Switzerland AG

The Ten Commandments of Risk LeadershipA Behavioral Guide on Strategic Risk Management\nAuthor(s): Annette Hofmann\nFormat: Paperback\nPublisher: Springer Nature Switzerland AG, Switzerland\nImprint: Springer Nature Switzerland AG\nISBN-13: 9783030887995, 978-3030887995\nSynopsis\nWe as humans are prone to a variety of wired-in cognitive mistakes in the way we interpret and react to risk-related information. This is highly consequential since the cognitive biases managers are exposed to in their day-to-day business erode the objectivity of their risk-related decisions, which ultimately hurts the financial well-being of their firms. This book seeks to develop risk literacy as a leadership skill. It helps managers develop the skills to improve managerial decision-making in regards to managing risk.\n\nThe last decades have offered various insights into how human nature often gets in the way of rational decision-making. This book is a valuable resource for insurance executives, chief ri.