Leading from under the sword of Damocles a business leader's practical guide to using predictive emulation to manage risk and maintain profitability /
| Main Author: | Abu El Ata, N. 1946- |
|---|---|
| Other Authors: | Drucbert, Annie,, SpringerLink (Online service) |
| Format: | eBook |
| Language: | English |
| Published: |
Berlin, Germany :
Springer Vieweg,
2018.
|
| Physical Description: |
1 online resource (xvi, 233 pages) : illustrations. |
| Subjects: |
Table of Contents:
- Intro; Foreword; Preface; Acknowledgment; Contents; About the Authors; Part I: Using Predictive Emulation to Expose and Control Risk; 1: Introduction; About This Book; Icons Used in This Book; Beyond the Book; 2: The Looming Danger: Mismanaging Risk; The Goals Are Obvious, but the Means Are Lacking; Modern Businesses Require Modern Risk Management Practices; 3: Dynamic Complexity: The Cancer of Business; Defining Dynamic Complexity; Dynamic Complexity Creates Business Risk; Exposing Risks Caused by Dynamic Complexity; How Dynamic Complexity Disrupts Business Operations.
- Avoiding Dynamic Complexity as a Terminal Diagnosis4: The Loose Cubic Dilemma; Bitcoin and Blockchain; Relational Databases; Overstretch Implementations; Disruption; 5: Meeting Business Targets and Constraints; Deliver Per Plan; Meet Quality Requirements; Deliver at Lowest Cost; Meet Time to Market Demands; Adapt Quickly; Guarantee Uptime; 6: The Basics of Universal Risk Management; X-Act OBC Platform Overview; Causal Deconstruction Method; Emulative Deconstruction Theory; Mathematical Emulation; Perturbation Theory; Dynamic Patterns and Signatures; Dynamic Patterns; Dynamic Signature.
- Identifying System Limits and Chaotic ConditionsPractical Use of Dynamic Patterns; Causal Analysis; Stress Testing; Sensitivity Analysis; Optimal Business Control (OBC); Model-Based Architecture (MBA); 7: The Challenge: Escaping the Tunnel Vision, Identifying the Best Path and Evaluating the Reward; Tunnel Vision Handicaps Business Leaders; Many Businesses Have Reached a Dead-end; Identifying the Path to Success; The Importance of Emulation; Building the Right Implementation that Manages Risk for an Optimal Cost; Emulation Versus Simulation; 8: Analytical Versus Numerical Solutions.
- Using Technology to Achieve an Analytical SolutionWhy an Analytical Approach Is Key to Risk Management; 9: Using X-Act OBC Platform for Risk; Five Ways to Use X-Act OBC Platform to Improve Risk Management Maturity; Discover Risk to Diagnose Problems and Prescribe Solutions; What Information Do We Need for Prescription?; What Universal Risk Management Delivers; Predicting Outcomes, Limits and Conditions of Failure; Prescribing Actions, Execution and Monitoring; Using Option Benchmarking for Management; 10: Business Monitoring: Moving from Understanding to Implementation and Operations.
- Predictive and Prescriptive Risk ManagementThe Process; Building the Necessary Foundation; Placing Risk Under Control; Predictive Diagnosis; Prescriptive Remediation; Avoiding Evolving Risks; 11: The Predictive Estimation of Dynamic Complexity; Degree of Complexity (Dependencies); Complexity Index (Lost Opportunity); Complexity Disruptors (Vector of Causes); 12: Identifying the Cure for Dynamic Complexity: Improve, Transform or Disrupt?; The Cure May Require Disruption; Cases of Disruption; Disruption Through Innovation; Business Disruption; Infrastructure Disruption; Process Disruption.