The authors offer a revolutionary solution to risk management. It's the unknown risks that keep leaders awake at night-wondering how to prepare for and steer their organization clear from that which they cannot predict. Businesses, governments and regulatory bodies dedicate endless amounts of time and resources to the task of risk management, but every leader knows that the biggest threats will come from some new chain of events or unexpected surprises-none of which will be predicted using conventional wisdom or current risk management technologies and so management will be caught completely off guard when the next crisis hits. By adopting a scientific approach to risk management, we can escape the limited and historical view of experience and statistical based risk management models to expose dynamic complexity risks and prepare for new and never experienced events.

Framing the Risk Challenge

Understanding the Hidden Risk of Dynamic Complexity
Understanding the Nature of Risk
Human Interaction and Perception of Risk
Risk Evolves as Experience Evolves
Why the Risk Comes as a Surprise
Systemic and Systematic Risk
How Risk is Currently Mitigated vs. How it Should be Mitigated
Consequentialism is Necessary
Uncertainty is the Enemy of Risk Management
Modern Risk Management
Evolution and Risk: The Bridge and the Missing Link
Scientific Deterministic Risk Management
The Role of Dynamic Complexity in Risk Propagation
New Universal Risk Management Methodology (X-Act® OBC Platform)
Risk Discovery: Using Patterns to Spot the Unspottable
Predictive Modeling
Causal Deconstruction
The Need for Hierarchic Predictive Emulation
A Mathematical Treatise of Dynamic Complexity
Emulative Deconstruction for Mathematical Prediction
Singularity and Chaos Theory
The Mathematical Solution
Universal Risk Management Cases
TheBig Dig: Business Evolution and IT Dephasing Creates Dynamic Complexity
From Corporate Survival to Revival
An Industry Reinvented by Design: Postal Services
Expanding Under Control and the Transformative Evolution
Healthcare System Efficiency: Avoiding a Major Misdiagnosis
The 2007 Financial Meltdown: Was it Avoidable?
Greece in Crisis: The Haze, Mirage and Survival
Dealing with the Growing Epidemic of Chronic Crisis
Risk Management: A Future Perspective
Disruption: The Way to Fight Chronic Risk
Epilog.