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Taking Risks epub ebook

by Donald Wehrung,Kenneth R. Maccrimmon

Taking Risks epub ebook

Author: Donald Wehrung,Kenneth R. Maccrimmon
Category: Management & Leadership
Language: English
Publisher: Free Press; 1 edition (September 19, 1988)
Pages: 400 pages
ISBN: 0029195632
ISBN13: 978-0029195635
Rating: 4.1
Votes: 461
Other formats: txt azw lrf doc

MacCrimmon and Wehrung measured risk taking in many ways. MacCrimmon and Wehrung report several striking correla-tions between risk taking and personal characteristics.

MacCrimmon and Wehrung measured risk taking in many ways. They used four sets of standardized questions with a theoretical grounding. like ranking financial gambles with clear probabilities and outcomes. They also used several "natural" measures of risk taking, like psychometric measures of in-ternal control drive and self-reported gambling behavior, and. 638!ASQ, December 1988. better-educated, and richer executives with fewer dependents and more authority take more risks.

Taking Risks Paperback – September 19, 1988. by Donald Wehrung (Author), Kenneth R. Maccrimmon (Author). will be of great interest to business managers and consultants as well as academics in business schools.

MacCrimmon, Kenneth R; MacCrimmon, Kenneth R; Wehrung, Donald .

MacCrimmon, Kenneth R; MacCrimmon, Kenneth R; Wehrung, Donald A. Publication date. Upravlenie na riska, Risk, Risk v ikonomikata, Risk v biznesa, Upravlenie na riska. Books for People with Print Disabilities. Internet Archive Books. L on September 15, 2010.

While it has become almost obligatory for trendy management guides to applaud a willingness to take risks, two Canadian professors have been conducting a systematic study of the subject. The valuable result of their labors is this audit which confirms a few suspicions, takes brisk exception to much conventional wisdom, and otherwise provides an empirical basis for grasping what's involved in dealing with the downside at the executive level. The inquiry began in 1972 with a grant from an Ottawa ministry which wanted to learn more about the risk propensities of Canadian managers.

Discover new books on Goodreads. Taking Risks by. Donald Wehrung, Kenneth R. Maccrimmon. See if your friends have read any of Kenneth R. Maccrimmon's books. Kenneth R. Maccrimmon’s Followers. None yet. Maccrimmon’s books.

Kenneth R. More than 500 top-level business executives were studied to ascertain the validity of common stereotypes of who takes risks and who avoids risks. We began with 13 risk measures based on theoretical grounds, naturally occurring situations, and attitudes. These measures were formed into seven consolidated measures using factor analysis. MacCrimmon, Donald A. Wehrung. We began with 13 risk measures based on theoretica. More).

Kenneth J. Arrow - 1952 - Science and Society 16 (2):181-181. Similar books and articles. Citations of this work BETA. Helen M. Sharp & Robert D. Orr - 2004 - American Journal of Bioethics 4 (2):32-36. A Note on Decisions Under Uncertainty: The Impact of the Choice of the Welfare Measure.

MacCrimmon, K. R. and Wehrung, D. 1985, Taking Risks: The Management of Uncertainty, Free Press, New York, forthcoming. Maehr, M. L. and Videbeck, . 1968, ‘Predisposition to risk and persistence under varying s schedules’, Journal of Personality and Social Psychology, 9, 96–100. aculty of Commerce and Business Administration, University of British ada. Cite this article as: Maccrimmon, .

MacCrimmon, Kenneth R. and Wehrung, Donald . Occupational Risks of Infection in the Surgical Management of Trauma Patients . Fry, Donald E. (1993-02). Related Items in Google Scholar.

This seminal work reveals how age, education, income, industry, firm size, and other factors affect a manager's willingness to take risks.
Reviews (3)

MacCrimmon and Wehrung interviewed real live executives and managers to discover how they would handle certain risks. Using a series of role-playing scenarios, they were able to get at how the managers would really react to different types of risks. One of their surprising findings was that those that we normally assume are risk-averse (e.g., older workers in banking) really are. Sometimes the results are not counterintuitive, it seems.

There are other popular summaries of research. This gives you the meat. Highly recommended for those who are serious about management.

This book seems at first to appeal to a more general audience, but then drowns the first chapter in technical and dry prose. Although the author clearly knows his material, the delivery was so dry that it was difficult to get through. The title proves different than the content, because it really deals less with helping readers to take risks, but seems more about the field of risk management. I think the author intended this book for professionals in the field, but for generalists who want to understand risk, I would recommend other books. For instance, "Predictably Irrational" by Dan Ariely and "Feel the Fear...And Do It Anyway" are much better books for personal and professional development when it comes to risk and fear.

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