Risk Intelligence Metrics

Distance Learning Workshop 7: Risk Intelligence Metrics

In business, all eyes are focused on risk. The purpose of this Workshop is to examine some new instruments and models for measuring risk intelligence. 'Risk Intelligence' is an ambiguous term. This Workshop is not about risk intelligence in the sense of information that is higher quality than ordinary information, but of lesser quality than knowledge. It is about 'intelligence' in the sense of ability to learn and solve problems. More precisely, it is about tests and metrics measuring the relative ability to solve problems and reduce the risk of error in one's decision model solutions.

Five such tests and related metrics will be presented and analyzed including tests measuring relative risk intelligence of:

competing organizations entering a new area of activity;
competing knowledge workers in solving problems and reducing the risk of error in a particular problem area;
competing job candidates in solving problems and reducing the risk of error in job-related situations;
competing teams in solving problems in a particular problem area; and
competing Communities of Practice (CoPs) in solving problems in a particular problem area.

In addition, the Workshop also considers

The Analytic Hierarchy Process and its use in Risk Intelligence tests
alternative risk intelligence tests
how to develop additional ones.

The Workshop Syllabus is available here.

The Workshop is taught by Joseph M. Firestone, Ph.D. Dr. Firestone's credentials are available here.

Text and other materials for the workshop include:

Joseph M. Firestone (2006), Risk Intelligence Metrics: An Adaptive Metrics Center Industry Report, KMCI Online Press. Available at: http://www.adaptivemetricscenter.com/
riskintelligencemetricsamcreport.html (Individual License made available without charge to attendees, a $499.00 value)

Firestone, J. (2006) “A Review of David Apgar’s Risk Intelligence: Learning to Manage What We Don’t Know.” Available at: http://www.adaptivemetricscenter.com/
Review%20of%20Risk%20Intelligence.html

David Apgar (2006), Risk Intelligence: Learning to Manage What We Don't Know, Boston, MA: Harvard Business School Press.

An Expert Choice Trial License (see www. expertchoice.com)

In addition, a set of extensive course notes will be provided, and a Certificate of Workshop Completion will be issued upon completion of this Workshop.

The Workshop is available weekly on Tuesdays and Thursdays. You can reserve it one week or earlier from the date you want to take it. After that time, you may still be able to enroll in the Workshop, if others have already scheduled it. But if it hasn't been scheduled, you still may not be able to enroll if another workshop has been scheduled for the same day. Register here for the Risk Intelligence Metrics Workshop.