Guest blog on Risk Thinking
Dr. Ron Dembo is an academic, successful, entrepreneur and consultant to the some of the world’s largest corporations and banks. He has had a distinguished academic research career as a professor of Operations Research and Computer Science at Yale University and as well as a visiting professor at MIT. He was the Founder and CEO of Algorithmics Incorporated, growing it organically from a startup to the world’s largest enterprise risk-management software company, with offices in fifteen countries, over 70% of the world’s top 100 banks as clients, and consistent recognition as one of Canada’s 50 best-managed companies. Algorithmics was sold to Fitch in 2005 and later to IBM in 2012. Risk Thinking is a book about codifying common sense in a world of radical uncertainty. Our brains are wired to think forward, to imagine future situations and to plan for the unknown. It’s an ability engrained in our genetic software but somehow lost in translation to a globalized society where corporations a...