Managing Uncertainty
Why are we constantly surprised by the emergence of crises such as the current financial meltdown, and what are the lessons that we can apply when tackling these? According to INSEAD professor Mike Pich, it all boils down to risk and uncertainty – or at least a lack of understanding of the fundamental principles of risk.
Content: Article | Authors: Karen Cho, Mike Pich | Source: INSEAD Knowledge | Subject: Risk Management