Why Risk Management: Systems for Making Informed Financial Decisions

Why Risk Management?

Systems for Making Informed

Financial Decisions

By Gary W. Patterson-The FiscalDoctor®

AudioInk Publishers

Issaquah

A Division of Made For Success, Inc.

www.AudioInk.com

Copyright © 2012 Gary W. Patterson

AudioInk Publishing

P.O. Box 1775

Issaquah, WA 98027

USA

Interior Layout by AudioInk

Cover Art by AudioInk

Extracted from Million Dollar Blind Spots

All right reserved. No part of this book may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage or retrieval system, without permission in writing from the author.

The information in this publication is based on the current state of commercial and industry practice, applicable legislation, general law and the general circumstances as at the date of publication. No person shall rely on any of the contents of this publication and the publisher and the author expressly exclude all liability for direct and indirect loss suffered by any person resulting in any way from the use of or reliance on this publication or any part of it. Any options and advice are offered solely in pursuance of the author’s and the publisher’s intention to provide information, and have not been specifically sought.

ISBN: 978-1-61339-278-2

Distributed by AudioInk ⋏ www.AudioInk.com

For further information contact AudioInk Publishing, 1-425-526-6480

Table of Contents

INTRODUCTION

Section 1

Tying It All Together

Chapter 1

Harnessing the Million Dollar Blind Spots Process

Chapter 2

Trust in your POWERS²©: the Why Piece of This Process

Chapter 3

Profit from Seven Key Blind Spots Questions©: the What Piece of This Process

Chapter 4

Create Blind Spots Resolution Plans: the How Piece to Follow Through

Section 2

Bonus Stress Test: Your Blind Spots Solution

Chapter 5

Optimizing Your Blind Spots Resolution Plan

Chapter 6

Measuring Risk Drivers: Session 1

Chapter 7

Brainstorming Opportunity Drivers: Session 2

Chapter 8

Embracing Change Drivers: Session 3

Chapter 9

Profiting from Uncertainty Drivers: Session 4

Chapter 10

Putting Your Fiscal Vision to Work

RESOURCES: THE DOCTOR’S BAG

Resource 1

125 Questions

Resource 2

Reader’s Action Plan

Resource 3

Also by Gary W Patterson

Resource 4

About Gary W Patterson

Resource 5

Do you have a Question?

About the eBook

Introduction

Think of this book as a combination of enterprise risk management (ERM) on a beer budget and, in effect, enterprise risk management on steroids.

This book will help you to understand the difference between your organization’s deep-rooted problems that never seem to get resolved, and the symptoms that sometimes get treated, but are usually ignored until it’s too late—if not for the organization, then certainly for someone’s reputation or career.

What you hold in your hands is the essential guide for leveraging the processes and insights that I’ve gathered to help companies large and small, in industries and sectors far and wide, identify and act on their blind spots. Here are the vital tools