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Product Description
Product Description
EVERYTHING YOU NEED TO ACCELERATE YOUR CAREER
A complete resource to show you get ahead as a manager faster by gaining a clearer understanding of risk management. Fast Track to Success brings together the latest business thinking, practical techniques and cutting edge online material.
Risk management has become a hot topic since the economic downturn. By the end of 2009 half of all companies employed a dedicated risk manager, compared with only12% in 2008. Fast Track to Success: Risk Management shows you how to quickly assess your current state of risk management effectiveness using a simple framework. It goes on to show you how to develop your own approach to risk management.
FAST TRACK books all feature the following:
- A combination of skills development and career development that includes a framework to help you develop your career as well as produce terrific results.
- A clear structure which makes it easy to navigate information quickly. Summaries, quick tips, FAQs and Expert Voices help you find information quickly.
- Fresh, contemporary full colour design.
- Real life stories to give examples of what works and critically what doesn’t.
- Custom-designed, highly interactive companion website
www.fast-track-me.com
About the Author
Keith Baxter is an internationally acknowledged expert in Enterprise Risk Management and Founder and Managing Director of De-RISK. In 1992 he was part of the team that developed the ABCD risk management process. He has specialised in risk management for over 20 years; spending 7 years as a management consultant with AT Kearney and working all over the world.
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Customer Reviews
Most Helpful Customer Reviews
4 of 4 people found the following review helpful
Format:Paperback
This book covers the ABCD risk process, assumptions analysis and much more. As someone with first hand experience of using the ABCD risk process, I can testify that this stuff really works. Keith Baxter is the ABCD risk process "guru" and his book is guaranteed to change the way you think about risk management. Essential reading for project managers in all businesses.
1 of 1 people found the following review helpful
Format:Paperback|Amazon Verified Purchase
This is an easy-to-read text, nicely bound, as are they all in the Prentice-Hall Pearson Fast-Track-Me series.
After reading a couple of chapters, it would be easy to categorise this book as a tick-box text; good for improving your performance in interview or management discussions. There is more to it than that.
Baxter establishes an ABCD classification system for business and management issues. This system can be formed into a 4 x 4 matrix to consider joint-issues or complementary decisions and is well described. However, it is only on page 45 that you get an example described is sufficient detail that you can see how the author wishes the methodology to be applied. Until then, there is copious description and assumption-forming, and you find yourself think, "Hmmm. OK. Suppose so. If you say so." After that, there is an example at the end of each section and the methodology becomes clearer.
The later chapters are very interesting and imaginative. He extends the analysis into career planning, the uses of technology, leadership profiles and much more. At the end, you have a bag of ABCD tools and ideas that help clarify your approach to risky decisions. He stops at 4 x 4 analysis, and it would be interesting to see it developed into more complex multi-dimensional decisions using 4 x 4 x 4 volume-space or even hyperspace through a specialised computer application.
Baxter is dismissive of "traditional" risk assessment and management, and his treatment of uncertainty could be regarded as naive. The concept is not considered anywhere in any detail, and mentioned in passing from page 182 in a main text of 214 pages. His use of the terms "probability" and "likelihood" are specific to his ABCD approach and may be considered idiosyncratic. For some reason, he seems to eschew mathematical approaches as if their apparent accuracy and cardinality should be held against them. I got the feeling that he does not wish to offend potential readers by using quantitative methods with which they may not be very adept.
Having said all this, his ABCD model is consistent and sufficiently self-contained to form a valid approach that will be of value to many aspiring managers. I shall certainly use it; applied in a real-life situation of my acquaintance, to see if its consistency leads to better decisions than methods currently in use.
After reading a couple of chapters, it would be easy to categorise this book as a tick-box text; good for improving your performance in interview or management discussions. There is more to it than that.
Baxter establishes an ABCD classification system for business and management issues. This system can be formed into a 4 x 4 matrix to consider joint-issues or complementary decisions and is well described. However, it is only on page 45 that you get an example described is sufficient detail that you can see how the author wishes the methodology to be applied. Until then, there is copious description and assumption-forming, and you find yourself think, "Hmmm. OK. Suppose so. If you say so." After that, there is an example at the end of each section and the methodology becomes clearer.
The later chapters are very interesting and imaginative. He extends the analysis into career planning, the uses of technology, leadership profiles and much more. At the end, you have a bag of ABCD tools and ideas that help clarify your approach to risky decisions. He stops at 4 x 4 analysis, and it would be interesting to see it developed into more complex multi-dimensional decisions using 4 x 4 x 4 volume-space or even hyperspace through a specialised computer application.
Baxter is dismissive of "traditional" risk assessment and management, and his treatment of uncertainty could be regarded as naive. The concept is not considered anywhere in any detail, and mentioned in passing from page 182 in a main text of 214 pages. His use of the terms "probability" and "likelihood" are specific to his ABCD approach and may be considered idiosyncratic. For some reason, he seems to eschew mathematical approaches as if their apparent accuracy and cardinality should be held against them. I got the feeling that he does not wish to offend potential readers by using quantitative methods with which they may not be very adept.
Having said all this, his ABCD model is consistent and sufficiently self-contained to form a valid approach that will be of value to many aspiring managers. I shall certainly use it; applied in a real-life situation of my acquaintance, to see if its consistency leads to better decisions than methods currently in use.
1 of 1 people found the following review helpful
Format:Paperback
This book finally brings Risk Management into the 21st century! For far too long we've trodden the road of traditional risk management and wondered why we're hitting the same road blocks as everyone else. This book takes us on a different journey which is both simpler (but not simple) and elegant in its simplicity.
For those wishing to understand a better way to gather Strategic or operational risks, this book gives you the road map to show you how to approach the topic in a pragmatic and practical way. There is a great balance between theory and practical advice and tips throughout the book which will get you moving forward quickly and easily.
I have been involved in Risk Management for over 15 years and found this a fresh and appealing approach which I'll certainly be implementing in the coming weeks, months and years.
In summary, if you're new to Risk Management then this book is definitely for you. If you're an old hand in Risk Management then this book is an absolute must! As the old saying goes; Do what we've always done... Get what we've always got!
For those wishing to understand a better way to gather Strategic or operational risks, this book gives you the road map to show you how to approach the topic in a pragmatic and practical way. There is a great balance between theory and practical advice and tips throughout the book which will get you moving forward quickly and easily.
I have been involved in Risk Management for over 15 years and found this a fresh and appealing approach which I'll certainly be implementing in the coming weeks, months and years.
In summary, if you're new to Risk Management then this book is definitely for you. If you're an old hand in Risk Management then this book is an absolute must! As the old saying goes; Do what we've always done... Get what we've always got!
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Most Recent Customer Reviews
A Unique Insight into Risk Management
I found Keith's take on risk management an enjoyable and enlightening read for a number of reasons.
Clear, concise and easy to read; his ABCD approach provides a unique... Read more
Clear, concise and easy to read; his ABCD approach provides a unique... Read more
Published 13 months ago by Mark Farrell (AIA)
THE definitive risk management book
Keith Baxter's book is extraordinary in its scope and depth. It brings alive a subject that is often seen as dull and for people who "want to hold things back". Read more
Published 13 months ago by RolandMS
Get the Fast Track quickly.
What I really like about this book is that it gives you just enough theory to make you understand and then backs it up with loads of implementation tips that gets to the heart of... Read more
Published 20 months ago by D. Zine
Risk management 101 and then some
So many positives to this book. It takes you through basic risk management to very advanced thinking concisely, without padding - it gets to the point quickly but also backs up the... Read more
Published 20 months ago by John S
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