The discipline and profession of risk management is undergoing significant changes these years, and will continue to do so for years to come. In an ever-changing world, the attention towards taking risks and managing the risks taken becomes increasingly important for businesses and organisations to survive and prosper. The stakes are getting higher and speed is increasing. Hence, intelligent risk taking becomes a necessary core competence of leaders at all levels of an organisation. This book builds on solid and practical experience, and takes the reader from the basic concepts and approaches to making manoeuvrability a true competitive advantage by actively and deliberately leveraging the tools and processes of risk management in business design, strategic and operational decision making. As such, this is a practical guidebook to be used by risk managers and executives who wishes to get more value out of the efforts spent on risk management.