Risk

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Retired four-star general Stan McChrystal has navigated the high-stakes world of combat and leadership, from West Point to Afghanistan and beyond. In his latest work, he examines why individuals and organizations often fail to manage risk effectively. The common mistake lies in focusing solely on the probability of risks rather than the mechanisms available for managing them. McChrystal, along with coauthor Anna Butrico, presents a battle-tested system for identifying and responding to risks. They argue that risk should not be merely predicted but understood through ten dimensions of control that can be adjusted at any time. By monitoring these controls, we can maintain a robust Risk Immune System, enabling us to anticipate, identify, analyze, and act on unforeseen challenges. Drawing from military history and business examples, McChrystal provides practical exercises to enhance preparedness. He demonstrates that these ten factors are always at play and that by considering them, individuals and organizations can master the various risks they encounter. While the future remains uncertain, McChrystal's insights offer a pathway to strengthen our defenses against known and unknown threats.