Copyright © 2004-06 Adaptive Metrics Center A Division of Center For The Open Enterprise
The Adaptive Metrics Center
Risk Intelligence Metrics: An Adaptive Metrics Center Industry Report
This is AMC's first industry report. If you're a Venture Capitalist, or a Human Resources or Hiring Manager, or a Project Manager, or an Executive looking to task a team to meet a crisis, or someone wondering which community of practice to get involved in to help you solve your problems, there's a measurement model and an associated risk intelligence metric in this report for you. And you can take the model we give you, use it as a starting point, and modify it to fit your own organization and your own thinking about risk intelligence.
The report bundle includes the report, five risk intelligence models in Expert Choice software format, a revised balanced scorecard model also expressed in that format, and a a link from which you may download a 30 day Expert choice demo license to explore the models.
Chapter 1 presents a test for measuring relative risk intelligence of competing organizations entering a new area of activity;
Chapter 2 presents a test for measuring relative risk intelligence of competing knowledge workers in solving problems and reducing the risk of error in a particular problem area;
Chapter 3 presents a test for measuring relative risk intelligence of competing job candidates in solving problems and reducing the risk of error in job-related situations;
Chapter 4 presents two tests. One for measuring relative risk intelligence of competing teams in solving problems in a particular problem area; and a second test for measuring relative risk intelligence of competing Communities of Practice (CoPs) in solving problems in a particular problem area.
In addition, the main body of the report ends with Chapter 5 which considers alternative risk intelligence tests and explains how to develop additional ones. The report also contains a number of appendices:
Appendix 1 describes the Analytic Hierarchy Process and also discusses a tool for implementing it called Expert Choice Software
Appendix 2 explains how to prioritize among risk areas to facilitate selecting among targets for reducing risk
Appendix 3 presents the conceptual framework underlying the risk measures including chapters on:
What risk is and how you reduce it;
What knowledge is;
Seeking, recognizing and formulating problems;
Making new solutions; and
Killing your worst ideas
Appendix 4 provides References and a bibliographical essay for further research, and
acknowledges the help received from others in developing this report.