New book guides readers in preparing for an uncertain future

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“COVID-19 caught us by surprise, Climate Change as well, not to mention Cyber Risk,” Ron S. Dembo says. He asks “But should they have? Is there nothing that we could have done that would have prepared us for these situations?”

Written for non-technical people who need to make important, potentially costly decisions under radical uncertainty, Dembo’s book “Risk Thinking: …in an Uncertain World” (published by Archway Publishing) shows a path that can be used as a guide by board members, governments, corporations, and individuals. The author believes it is an invaluable guide for the current uncertain century.

Dembo, in “Risk Thinking” shows readers how to could prepare for events that have not yet been anticipated. As far back as 1970 there were serious scientists that could have prepared people for the climate change scenarios that they now see, according to the author. Pandemics have existed since the beginning of history. COVID-19 was one but so was SARS, Ebola, the Spanish flu, the bubonic plague, just to mention a few. And, for sure, there will be more. It is just where and when they will spring up that is uncertain. Cyber risk is new, but the scenario that it will happen has been with people for a long time. And, once again, no one knows where and when the next attack will occur.

“This is what is called Radical Risk. Trying to forecast an event that is radically risky is a loser’s game, as has been shown many times,” Dembo says. “So, what to do? This book shows us how to bound the future with scenarios and lights the way to a strategy that shows us how to cope with uncertain events that we cannot predict.”

“Risk Thinking” is available for purchase online at the Archway link above, from Barnes & Noble, Indigo and on Amazon at: https://www.amazon.com/Risk-Thinking-Uncertain-Ron-Dembo/dp/1665707003.

“Risk Thinking”
By Ron S. Dembo
Hardcover | 5.5 x 8.5 in | 292 pages | ISBN 9781665707008
Softcover | 5.5 x 8.5 in | 292 pages | ISBN 9781665707015
E-Book | 292 pages | ISBN 9781665706995
Available at Amazon and Barnes & Noble

About the Author
Ron S. Dembo has been an associate professor at Yale, visiting professor at MIT, consultant to Goldman Sachs and some of the world’s largest corporations and banks, and author. He founded Algorithmics, which he grew to become the largest supplier of enterprise financial risk systems to banks before it was sold to Fitch and then IBM. He has published many articles in scientific journals and is the author of numerous patents worldwide. He was made a lifetime fellow of The Fields Institute of Mathematics in 2007 for his contribution to Canadian mathematics and has received many awards for his work in optimization, risk management and climate change. He is the founder and CEO of Riskthinking.AI, a data and analytics company specializing in climate related financial risk.

Simon & Schuster, a company with nearly ninety years of publishing experience, has teamed up with Author Solutions, LLC, the worldwide leader in self-publishing, to create Archway Publishing. With unique resources to support books of all kind, Archway Publishing offers a specialized approach to help every author reach his or her desired audience. For more information, visit archwaypublishing.com or call 844-669-3957.

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