
1. Douglas W. Hubbard - Risk Assessment
Douglas W. Hubbard is known for his work on risk assessment, which involves evaluating the likelihood and impact of uncertain events. He emphasizes using quantitative methods to make better decisions under uncertainty. By applying mathematical models and data analysis, Hubbard advocates for clearer insights into risks, allowing organizations and individuals to prioritize resources effectively. His approach challenges traditional subjective methods, aiming to provide a more objective framework for understanding risks and making informed choices, ultimately leading to improved outcomes.