Book summary - Range, by David Epstein

“Range,” a 2019 book by David Epstein subtitled “How Generalists Triumph in a Specialized World,” argues that in a complex and unpredictable world, generalists with a broad set of experience and skills will often outperform deep and narrow specialists. These individuals who possess “range,” excel at connecting disparate ideas and adapting to new situations. This is especially relevant to develop a career in risk management, as it requires the ability to draw upon diverse knowledge and skills, responding to change, while fostering creativity in problem-solving and innovative thinking. Quotes And he refused to specialize in anything, preferring to keep an eye on the overall estate rather than any of its parts … And Nikolay’s management produced the most brilliant results. ...

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Reading List

Below are a range of foundational books to develop a career in risk. These cover topics including behaviour, career, coaching, and more. Behaviour Micromotives and Macrobehavior, by Thomas C. Schelling (1978) Career Range, by David Epstein (2019) Coaching Coaching for Performance, By John Whitmore Consulting Humble Consulting, Edgar Schein (2016) Control Management Control Systems, Merchant Cyber Risk How to Measure Anything in Cybersecurity Risk, by Douglas W. Hubbard & Richard Seiersen The Metrics Manifesto, by Richard Seiersen Cyber Security Cybersecurity and Cyberwar: What Everyone Needs to Know, by P.W. Singer and Allan Friedman (2014) Cybersecurity First Principles, by Rick Howard (published March 2023) Economics 21st Century Economics Enterprise Risk Management Enterprise Risk Management, Marchetti Ethics, Compliance Humanizing Rules, Christian Hunt Forecasting and Future The Next 100 Years, by George Friedman Fraud Financial Shenanigans, by Howard Schilit. First published in 1993, this classic book is now into its Fourth Edition. Financial Shenanigans is an essential read to understand how companies can manipulate their financial reports through accounting gimmicks, and how to detect it. The book will equip you better to detect fraud, avoid bad investments and notice where a company’s real financial position may be misrepresented. Perfect for auditors, investors, and finance professionals. ...

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