ABSTRACT

This chapter begins by challenging some of the common arguments against quantitative risk management. The chapter then explores various themes that cut across different chapters in the book, including the link between strategy and risk, where risk management fits within the organisation; crises and black-swans; and the applicability of quantitative techniques in the public and not-for-profit sectors. This is followed by a critical review of how the approach outlined in this book could have informed preparation for and responses to Covid-19; the chapter concludes with a summary of the key ideas that I have tried to put across in the book.