Managing Uncertainty In Crisis

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Managing Uncertainty in Crisis

Author : Xiaoli Lu
Publisher : Springer
Page : 239 pages
File Size : 50,9 Mb
Release : 2017-11-07
Category : Social Science
ISBN : 9789811039904

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Managing Uncertainty in Crisis by Xiaoli Lu Pdf

This book studies the variety of organizational strategies selected to cope with critical uncertainties during crises. This research formulates and applies an institutional sense-making model to explain the selection of strategies for coping with uncertainties during crises to answer the question why some organizations select a rule-based strategy to cope with uncertainties, whereas others pursue a more ad hoc-based strategy. It finds that the level of institutionalization does not affect strategy selection in the initial phase of responding to crises; that three rigidity effects can be identified in the selection of sense-making strategies once organizations have faced the failure of their selected strategies; that discontinuities in the feedback loop of sense-making do not necessarily move organizations to switch their sense-making strategies, but interact with institutionalization to contribute to switching sense-making strategies. This book bridges the gap between institutional thinking and crisis management theorizing. A major step forward in the world of crisis management studies! ——Professor Arjen Boin, Leiden University, the Netherlands In a world of increasingly complex, sociotechnical systems interacting in high-risk environments, Professor Lu’s analysis of how organizations manage uncertainty is both timely and profound. ——Professor Louise K. Comfort, Director, Center for Disaster Management, University of Pittsburgh, USA Prof. Lu greatly enhances our understanding of how organizations cope with uncertainty and make sense of their challenges under the pressures of catastrophe. ——Dr. Arnold M. Howitt, Faculty Co-Director, Program on Crisis Leadership, Harvard Kennedy School, USA This book provides not only a theory of crisis management but also a key concept around which research and practice can be conducted. ——Professor Naim Kapucu, Director of School of Public Administration, University of Central Florida, USA A generic institutional model for analyzing and managing hazards, disasters and crises worldwide. ——Professor Joop Koppenjan, Erasmus University Rotterdam, the Netherlands This book has done an excellent job in opening the black box of how organizations make sense of the crisis situations they face and develop strategies to respond. It should be read by all of us who wish for a peaceful and safe world. ——Professor Lan Xue, Dean of School of Public Policy and Management, Tsinghua University, China

Managing Uncertainty

Author : Michel Syrett,Marion Devine,The Economist
Publisher : The Economist
Page : 170 pages
File Size : 49,9 Mb
Release : 2014-02-25
Category : Business & Economics
ISBN : 9781610395137

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Managing Uncertainty by Michel Syrett,Marion Devine,The Economist Pdf

Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth. Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants. • Addresses the challenges of managing uncertainty in business • Presents a step-by-step guide to managing business uncertainty • Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Quinetiq, Philips, China Telecom, Ford, Apple, Shell, Glaxo SmithKline and many more Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts.

Risk Management in an Uncertain World

Author : Bill Sharon
Publisher : Bloomsbury Publishing
Page : 160 pages
File Size : 45,7 Mb
Release : 2012-08-30
Category : Business & Economics
ISBN : 9781849300612

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Risk Management in an Uncertain World by Bill Sharon Pdf

In an increasingly uncertain world, the pace of change is swift and quickening. Risk management is more important than ever before, and adaptability is key. Not every negative event can be mitigated, but the right approaches will allow a company to respond effectively and even to thrive in crisis situations. This approachable book features the advice of expert practitioner and academic authors, benefiting companies whatever their culture and operating environment. Worked examples and case studies span the operational aspects of risk management, reputation risk, and risks outside the control of any organization, forming a comprehensive guide. Detailed coverage includes: * Risk, metrics, and complexity * Countering supply chain risk * Business continuity management * Reputation risk and financial performance * Moving beyond compliance * Integrating catastrophe management * Human risk and rogues * Strategic risk management * Crisis management strategies * Exposure to country, political, and interest rate risks

Managing Uncertainty, Mitigating Risk

Author : Nick B. Firoozye,Fauziah Ariff
Publisher : Unknown
Page : 265 pages
File Size : 49,8 Mb
Release : 2016
Category : Electronic
ISBN : 134956575X

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Managing Uncertainty, Mitigating Risk by Nick B. Firoozye,Fauziah Ariff Pdf

Managing Uncertainty

Author : Marco Giuliani,Erik Jones
Publisher : Unknown
Page : 0 pages
File Size : 49,6 Mb
Release : 2010
Category : Italy
ISBN : OCLC:1412769039

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Managing Uncertainty by Marco Giuliani,Erik Jones Pdf

Crisis Management

Author : Isaac Wilson
Publisher : Independently Published
Page : 0 pages
File Size : 53,6 Mb
Release : 2024-02-29
Category : Business & Economics
ISBN : 9798883336149

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Crisis Management by Isaac Wilson Pdf

The subject of crisis management includes a broad strategy for skillfully negotiating obstacles and unknowns. Organisations may improve their resilience and crisis readiness by planning ahead, communicating openly, having strong leadership, and being dedicated to learning and innovation. Organisations may reduce risks, safeguard stakeholders, and grow stronger from adversity by comprehending the nature of crises, learning from the past, and seizing new trends and possibilities. Building a culture of resilience and adaptation that helps organisations thrive in a world that is always changing is another aspect of crisis management, in addition to reacting to crises when they happen.

Managing the Unexpected

Author : Karl E. Weick,Kathleen M. Sutcliffe
Publisher : John Wiley & Sons
Page : 212 pages
File Size : 53,9 Mb
Release : 2011-01-06
Category : Business & Economics
ISBN : 9780470534236

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Managing the Unexpected by Karl E. Weick,Kathleen M. Sutcliffe Pdf

Since the first edition of Managing the Unexpected was published in 2001, the unexpected has become a growing part of our everyday lives. The unexpected is often dramatic, as with hurricanes or terrorist attacks. But the unexpected can also come in more subtle forms, such as a small organizational lapse that leads to a major blunder, or an unexamined assumption that costs lives in a crisis. Why are some organizations better able than others to maintain function and structure in the face of unanticipated change? Authors Karl Weick and Kathleen Sutcliffe answer this question by pointing to high reliability organizations (HROs), such as emergency rooms in hospitals, flight operations of aircraft carriers, and firefighting units, as models to follow. These organizations have developed ways of acting and styles of learning that enable them to manage the unexpected better than other organizations. Thoroughly revised and updated, the second edition of the groundbreaking book Managing the Unexpected uses HROs as a template for any institution that wants to better organize for high reliability.

Management of Uncertainty

Author : Gudela Grote
Publisher : Springer Science & Business Media
Page : 199 pages
File Size : 41,8 Mb
Release : 2009-09-17
Category : Business & Economics
ISBN : 9781848823730

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Management of Uncertainty by Gudela Grote Pdf

As I write, the financial systems of the world are collapsing with still no clear indication of what the consequences will be and which measures should be taken to avoid such a crisis in the future. There seems to be agreement though, that the financial instruments introduced in the past few decades entailed far too much complexity and uncertainty and that there was too little regulatory control over the use of these instruments. Management of uncertainty with the aim of achieving self-control is the core concern of this book. It was not written with a focus on financial systems, but many concepts developed in this book are applicable to this field as well. The - neric principles of reducing, maintaining or increasing uncertainties in view of the different contingencies an organization is faced with, the fundamental issue of how much control is possible and who should be in control, and the question of how much and what kind of regulation is necessary with the overall aim of finding an appropriate balance between system stability and flexibility are at the centre of heated debates on the future of finance.

Managing Uncertainty, Mitigating Risk

Author : Nick Firoozye,Fauziah Ariff
Publisher : Springer
Page : 265 pages
File Size : 50,6 Mb
Release : 2016-04-20
Category : Business & Economics
ISBN : 9781137334541

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Managing Uncertainty, Mitigating Risk by Nick Firoozye,Fauziah Ariff Pdf

Managing Uncertainty, Mitigating Risk proposes that financial risk management broaden its approach, maintaining quantification where possible, but incorporating uncertainty. The author shows that by using broad quantification techniques, and using reason as the guiding principle, practitioners can see a more holistic and complete picture.

Managing Uncertainty

Author : Richard Jenkins,Hanne Jessen,Vibeke Steffen
Publisher : Museum Tusculanum Press
Page : 292 pages
File Size : 40,6 Mb
Release : 2005
Category : Anthropology
ISBN : 8772899638

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Managing Uncertainty by Richard Jenkins,Hanne Jessen,Vibeke Steffen Pdf

The overall focus of this book is the ways humans deal with life conditions, with destiny, uncertainty and misfortune - how we try to control the risks of living through medicines, technologies and magic. When dealing with questions of health and illness rational solutions and meaningful explanations may be hard to find, and treatment efforts are often guided just as much by hope as by rational choice. Evaluating the risks of illness is just one of a number of ways in which human beings attempt to exert some sense of control over their lives. New methods of testing for ills and new developments in, for example, genetic screening and in vitro fertilisation combined with the growing demands of well-informed patients seem to have turned concern from the actual problems of specific diseases toward controlling life and the risks of living in general. The chapters of this book reflect a common effort to transgress the limits of the medical by drawing on a fundamental concern with the logic of social and cultural practice. The book represents a de-medicalization of medical anthropology and a return to some of the classic themes in anthropology but with a different approach, emphasizing subjectivity, intentionality and agency.

Crisis Management in a Complex World

Author : Dawn R. Gilpin,Priscilla J. Murphy
Publisher : Oxford University Press
Page : 220 pages
File Size : 43,9 Mb
Release : 2008-07-31
Category : Business & Economics
ISBN : 9780199716487

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Crisis Management in a Complex World by Dawn R. Gilpin,Priscilla J. Murphy Pdf

Today's managers, business owners, and public relations practitioners grapple daily with a fundamental question about contemporary crisis management: to what extent is it possible to control events and stakeholder responses to them, in order to contain escalating crises or safeguard an organization's reputation? The authors meet the question head-on, departing from other crisis management texts, and arguing that a complexity-based approach is superior to the standard simplification model of organizational learning.

Handling Uncertainty

Author : Mike Briggs,Institution of Chemical Engineers (Great Britain)
Publisher : IChemE
Page : 668 pages
File Size : 51,5 Mb
Release : 2003
Category : Business & Economics
ISBN : 0852954328

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Handling Uncertainty by Mike Briggs,Institution of Chemical Engineers (Great Britain) Pdf

Acting as a wide-ranging guide for young professionals and a source of reference for managers, this title deals with the subject of uncertainty in the process industries and related fields, in a practical and positive way. It demonstrates how to recognize key features and handle different situations effectively, illustrating the principles for effective action with examples from the author's experience in the process industries.

Effective Crisis Communication

Author : Robert R. Ulmer,Timothy L. Sellnow,Matthew W. Seeger
Publisher : SAGE
Page : 216 pages
File Size : 48,9 Mb
Release : 2007
Category : Business & Economics
ISBN : 9781412914192

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Effective Crisis Communication by Robert R. Ulmer,Timothy L. Sellnow,Matthew W. Seeger Pdf

This book provides readers with practical advice on how to effectively manage and overcome a crisis. The authors offer guidelines for taking the many challenges that crisis present and turning those challenges into opportunities.--[book cover].

Crisis Management for Small and Medium-Sized Enterprises (SMEs)

Author : Susanne Durst,Thomas Henschel
Publisher : Springer Nature
Page : 246 pages
File Size : 55,7 Mb
Release : 2022-03-19
Category : Business & Economics
ISBN : 9783030917272

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Crisis Management for Small and Medium-Sized Enterprises (SMEs) by Susanne Durst,Thomas Henschel Pdf

This book provides an in-depth introduction to crisis management and leadership in SMEs, as well as methods, approaches and cases against the background of different crises; external ones in particular. Featuring contributions from research and practice, this book covers a plethora of SMEs from different sectors to match the diverse nature of small business practice. The combination of a sound theoretical framework for small firm crisis management along with practical instruments/methods and cases, help to improve the organizational resilience of SMEs. The authors also guide the reader to resources beyond the book, including an online “Crisis Toolkit” comprised of material such as further publications, crisis management blueprints, guidelines, checklists, and company cases on crisis management-related issues.

Managing Through Turbulent Times

Author : Anthony Holmes
Publisher : Unknown
Page : 315 pages
File Size : 47,9 Mb
Release : 2011
Category : Electronic
ISBN : OCLC:1137346468

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Managing Through Turbulent Times by Anthony Holmes Pdf

"What shall we do as managers operating in unstable times when the reassurance we desire is absent and the uncertainty of today promises an unpredictable tomorrow?" Corporate management teams are living through the Chinese curse of 'may you live in interesting times' as they contemplate their exposure both directly and indirectly to the almost unprecedented turbulence in the global markets. In his first book, turnaround specialist Anthony Holmes explains how to approach management in turbulent operating conditions and what to do if your company encounters distress. It is based around his 7 key rules of crisis management, which are: 1. Obtain multiple opinions in the decision-making process 2. Retain close control over the implementation of policy 3. Reduce time pressure 4. Limit objectives 5. Maintain flexible options 6. Understand the nature and potential behaviour of the adversary 7. Maintain communication It also looks to illuminate the dark areas that create fear of the unknown and explains how to recognise them, how to mitigate their impact, what is feasible, when to seek help and from whom. The book draws on case histories of previous crises to extract techniques relevant to today's commercial environment and identify those that may seem logical but should be avoided. The intention is to prevent management from having to begin at the bottom of the learning curve and try to rediscover under pressure those techniques and processes that have been irrelevant and forgotten in the years since the last systemic crisis.