Book: Risk – A User’s Guide – Gen (Ret) Stanley McChrystal
Author’s Website: https://www.mcchrystalgroup.com/people/stan-mcchrystal/
Category: Risk Managment
Worth the Read: Pass
Insights:
There are general lapses in character that create unnecessary risk if not monitored. There should be systems in place to limit unnecessary risk. In a corporate setting there should at a minimum be valuable input from the Chief Risk Officer. Diversity of thought can be beneficial to limit risk as it can minimize bias. Need a system to detect, assess, and respond to risk. I’m curious how my perception on this book changes over time. Mental models are a topic that I’m interested in and I did not feel there were many novel concepts addressed in this book.
- Identifying risks without making necessary structural changes to address them is a continued problem
- The environment is getting more complex, as a result we need systems to effectively deal with complexity
- Risk should be analyzed at all levels. Need to have effective communication systems in place to respond rapidly to identified concerns
Seeking Progress 