Risky Strategy

Author : Jamie MacAlister
Publisher : Bloomsbury Publishing
Page : 256 pages
File Size : 40,8 Mb
Release : 2016-08-25
Category : Business & Economics
ISBN : 9781472926067

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Risky Strategy by Jamie MacAlister Pdf

What is risk? Is it a real danger or just an opportunity in disguise? Can it be out-manoeuvred or is it something to be embraced and worked with? When companies are developing their business strategies, risk may be mentioned in passing (and even then, frequently misunderstood) but is rarely seen as a key component of the strategic decision-making process. This can lead to unforeseen complications – strategy is all about making decisions that concern an uncertain future and so risk should play a significant role in that process. The handling or understanding of risk is often delegated to specialists and much of what is written about risk is, due to its complexity, inaccessible to the majority of senior managers. Risky Strategy aims to make the consideration of risk more accessible and understandable and, in doing so, develop a common language and understanding for recognising and handling it. Based on research carried out by Ashridge Business School, as well as case studies of the strategic decision-making process in action, Jamie MacAlister takes the subject out of the textbooks and brings it engagingly to life. Drawing on lessons from Apple to Procter & Gamble, from Napoleon to Nelson, from Roger Federer to Sir Alex Ferguson, and from Pythagorus to Sir Isaac Newton, Risky Strategy provides a new and dynamic perspective on risk, demonstrating how and when to take the right risk, and knowing how to recognise the common risks that can derail even the most well-planned projects.

Author : Bill McNabb,Ram Charan,Dennis Carey
Publisher : Harvard Business Press
Page : 190 pages
File Size : 53,7 Mb
Release : 2021-07-06
Category : Business & Economics
ISBN : 9781633698338

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Talent, Strategy, Risk by Bill McNabb,Ram Charan,Dennis Carey Pdf

Long-term value creation—the board's new agenda. A big shift in public ownership has created a new set of challenges for boards. Index funds managed by firms like Vanguard, BlackRock, and State Street represent an emerging class of permanent institutional investors who are focused on creating and preserving long-term corporate value. These investors are stating in no uncertain terms that simply managing for short-term shareholder profit is not acceptable. Bill McNabb, Ram Charan, and Dennis Carey have been on the front lines of these changes with the investment community, corporate boards, and top-level management teams. Since TSR (total shareholder return) cannot keep the short and long term in balance, the authors argue, boards should focus on a different kind of TSR—talent, strategy, and risk—because decisions and actions around these factors, more than any others, determine whether or not a company creates long-term value. This book redefines the board's agenda and explains how to: Build and incentivize the right leadership team Help leaders take a longer view and communicate it to investors Refresh board composition and create diversity to meet the new challenges Keep major risks, such as cyberattacks and sexual harassment allegations, front and center Analyze the business through the eyes of a shareholder activist With the new realities of corporate ownership, boards need to lead for the long term. This authoritative book shows them how.

Author : Scira Menoni,Claudio Margottini
Publisher : Springer Science & Business Media
Page : 376 pages
File Size : 55,5 Mb
Release : 2011-05-17
Category : Nature
ISBN : 9788847018426

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Inside Risk: A Strategy for Sustainable Risk Mitigation by Scira Menoni,Claudio Margottini Pdf

This book comprises the main results of the Scenario (Support on Common European Strategy for sustainable natural and induced technological hazards mitigation) project, funded as a Specific Support Action under the VI FP. This book addresses three main needs: first, it constitutes an assessment of the situation of Europe as far as natural na-tech risks are considered; second, it suggests future research themes to be opened of widened so as to tackle new and emerging threats as well as changes in the potential response to risk governance, in order to improve the way scientific and technical expertise informs decision making regarding all fields of mitigation, ranging from structural to non structural measures, such as training, education and land use planning.

Author : Chris Bradley,Martin Hirt,Sven Smit
Publisher : John Wiley & Sons
Page : 256 pages
File Size : 43,9 Mb
Release : 2018-02-06
Category : Business & Economics
ISBN : 9781119487623

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Strategy Beyond the Hockey Stick by Chris Bradley,Martin Hirt,Sven Smit Pdf

Beat the odds with a bold strategy from McKinsey & Company "Every once in a while, a genuinely fresh approach to business strategy appears" —legendary business professor Richard Rumelt, UCLA McKinsey & Company's newest, most definitive, and most irreverent book on strategy—which thousands of executives are already using—is a must-read for all C-suite executives looking to create winning corporate strategies. Strategy Beyond the Hockey Stick is spearheading an empirical revolution in the field of strategy. Based on an extensive analysis of the key factors that drove the long-term performance of thousands of global companies, the book offers a ground-breaking formula that enables you to objectively assess your strategy's real odds of future success. "This book is fundamental. The principles laid out here, with compelling data, are a great way around the social pitfalls in strategy development." —Frans Van Houten, CEO, Royal Philips N.V. The authors have discovered that over a 10-year period, just 1 in 12 companies manage to jump from the middle tier of corporate performance—where 60% of companies reside, making very little economic profit—to the top quintile where 90% of global economic profit is made. This movement does not happen by magic—it depends on your company's current position, the trends it faces, and the big moves you make to give it the strongest chance of vaulting over the competition. This is not another strategy framework. Rather, Strategy Beyond the Hockey Stick shows, through empirical analysis and the experiences of dozens of companies that have successfully made multiple big moves, that to dramatically improve performance, you have to overcome incrementalism and corporate inertia. "A different kind of book—I couldn't put it down. Inspiring new insights on the facts of what it takes to move a company's performance, combined with practical advice on how to deal with real-life dynamics in management teams." —Jane Fraser, CEO, Citigroup Latin America

Author : Carol A. Siegel,Mark Sweeney
Publisher : CRC Press
Page : 178 pages
File Size : 53,5 Mb
Release : 2020-03-23
Category : Computers
ISBN : 9781000048506

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Cyber Strategy by Carol A. Siegel,Mark Sweeney Pdf

Cyber Strategy: Risk-Driven Security and Resiliency provides a process and roadmap for any company to develop its unified Cybersecurity and Cyber Resiliency strategies. It demonstrates a methodology for companies to combine their disassociated efforts into one corporate plan with buy-in from senior management that will efficiently utilize resources, target high risk threats, and evaluate risk assessment methodologies and the efficacy of resultant risk mitigations. The book discusses all the steps required from conception of the plan from preplanning (mission/vision, principles, strategic objectives, new initiatives derivation), project management directives, cyber threat and vulnerability analysis, cyber risk and controls assessment to reporting and measurement techniques for plan success and overall strategic plan performance. In addition, a methodology is presented to aid in new initiative selection for the following year by identifying all relevant inputs. Tools utilized include: Key Risk Indicators (KRI) and Key Performance Indicators (KPI) National Institute of Standards and Technology (NIST) Cyber Security Framework (CSF) Target State Maturity interval mapping per initiative Comparisons of current and target state business goals and critical success factors A quantitative NIST-based risk assessment of initiative technology components Responsible, Accountable, Consulted, Informed (RACI) diagrams for Cyber Steering Committee tasks and Governance Boards’ approval processes Swimlanes, timelines, data flow diagrams (inputs, resources, outputs), progress report templates, and Gantt charts for project management The last chapter provides downloadable checklists, tables, data flow diagrams, figures, and assessment tools to help develop your company’s cybersecurity and cyber resiliency strategic plan.

Author : Paul C. Godfrey,Emanuel Lauria,, John Bugalla,Kristina Narvaez
Publisher : Berrett-Koehler Publishers
Page : 336 pages
File Size : 40,5 Mb
Release : 2020-01-21
Category : Business & Economics
ISBN : 9781523086979

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Strategic Risk Management by Paul C. Godfrey,Emanuel Lauria,, John Bugalla,Kristina Narvaez Pdf

This book presents a new approach to risk management that enables executives to think systematically and strategically about future risks and deal proactively with threats to their competitive advantages in an ever more volatile, uncertain, complex, and ambiguous world. Organizations typically manage risks through traditional tools such as insurance and risk mitigation; some employ enterprise risk management, which looks at risk holistically throughout the organization. But these tools tend to focus organizational attention on past actions and compliance. Executives need to tackle risk head-on as an integral part of their strategic planning process, not by looking in the rearview mirror. Strategic Risk Management (SRM) is a forward-looking approach that helps teams anticipate events or exposures that fundamentally threaten or enhance a firm's position. The authors, experts in both business strategy and risk management, define strategic risks and show how they differ from operational risks. They offer a road map that describes architectural elements of SRM (knowledge, principles, structures, and tools) to show how leaders can integrate them to effectively design and implement a future-facing SRM program. SRM gives organizations a competitive advantage over those stuck in outdated risk management practices. For the first time, it enables them to look squarely out the front windshield.

Author : Martin Loosemore
Publisher : Routledge
Page : 286 pages
File Size : 51,9 Mb
Release : 2013-12-04
Category : Business & Economics
ISBN : 9781136673559

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Innovation, Strategy and Risk in Construction by Martin Loosemore Pdf

1. Serendipity and innovation -- 2. The innovation process -- 3. Innovation in construction -- 4. The history and future of innovation in the construction industry -- 5. Strategy and innovation -- 6. Organizing for innovation -- 7. Managing the risks of innovation -- 8. Conclusion : we need a reality-check.

Author : Aswath Damodaran
Publisher : Pearson Prentice Hall
Page : 409 pages
File Size : 50,9 Mb
Release : 2008
Category : Business & Economics
ISBN : 9780131990487

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Strategic Risk Taking by Aswath Damodaran Pdf

Groundbreaking book that redefines risk in business as potentially powerful strategically to help increase profits. bull; Get out of your "defensive crouch ": learn which risks to avoid, which to mitigate, and which to actively exploit. bull; Master risk management techniques that can drive competitive advantage, increase firm value, and enhance growth and profitability. bull; By Dr. Aswath Damodaran, one of the field's top "gurus " - known worldwide for his classic guides to corporate finance and valuation.

Author : Christopher L. Culp
Publisher : John Wiley & Sons
Page : 625 pages
File Size : 48,5 Mb
Release : 2002-02-28
Category : Business & Economics
ISBN : 9780471151241

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The Risk Management Process by Christopher L. Culp Pdf

Integrates essential risk management practices with practical corporate business strategies Focusing on educating readers on how to integrate risk management with corporate business strategy-not just on hedging practices-The Risk Management Process is the first financial risk management book that combines a detailed, big picture discussion of firm-wide risk management with a comprehensive discussion of derivatives-based hedging strategies and tactics. An essential component of any corporate business strategy today, risk management has become a mainstream business process at the highest level of the world's largest financial institutions, corporations, and investment management groups. Addressing the need for a well-balanced book on the subject, respected leader and teacher on the subject Christopher Culp has produced a well-balanced, comprehensive reference text for a broad audience of financial institutions and agents, nonfinancial corporations, and institutional investors.

Author : Ale Smidts
Publisher : Unknown
Page : 348 pages
File Size : 43,7 Mb
Release : 1990
Category : Agriculture
ISBN : WISC:89037936259

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Decision Making Under Risk by Ale Smidts Pdf

Cum laude graduation (with distinction).

Author : Vaughan Evans
Publisher : Pearson UK
Page : 170 pages
File Size : 51,5 Mb
Release : 2018-01-09
Category : Self-Help
ISBN : 9781292218151

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Strategy Plain and Simple by Vaughan Evans Pdf

Strategy Plain and Simple’s uniquely powerful, successful and practical framework will show you how to quickly develop a strategy to get your business from where it is today to where you want it to be tomorrow. With vivid examples, practical solutions and a jargon-free approach, Vaughan Evans cuts to the very essence of what you need to know about strategy, simplifying it for anyone wanting to guide their business to success. He sets out a plain, simple, 3-step process: Understand your market – how to forecast demand and supply. Gain competitive advantage – how to target the strategic gap and bridge it. Managing business risk – how to balance risk and opportunity. Read it in 60 minutes, follow the three steps and transform your business prospects. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you'll gain instant access to this eBook. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

Author : A. Smart,J. Creelman
Publisher : Springer
Page : 296 pages
File Size : 53,7 Mb
Release : 2013-10-31
Category : Business & Economics
ISBN : 9781137367303

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Risk-Based Performance Management by A. Smart,J. Creelman Pdf

Pulling together into a single framework the two separate disciplines of strategy management and risk management, this book provides a practical guide for organizations to shape and execute sustainable strategies with full understanding of how much risk they are willing to accept in pursuit of strategic goals.

Author : W. T. Ziemba
Publisher : Unknown
Page : 56 pages
File Size : 54,5 Mb
Release : 1991
Category : Electronic
ISBN : UCSD:31822015330632

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Currency Hedging for U.S. Investment in Japan and Japanese Investment in the U.S. by W. T. Ziemba Pdf

Author : Simon Vine
Publisher : John Wiley & Sons
Page : 271 pages
File Size : 43,8 Mb
Release : 2011-08-24
Category : Business & Economics
ISBN : 9781118160961

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Options by Simon Vine Pdf

The key concepts and essential strategies behind the successful use of options Written by Simon Vine, a seasoned trader who has over ten years of experience on Wall Street under his belt, Options is the definitive book on options for traders, investors, and risk professionals. Options provides a step-by-step approach to trading, hedging, and investing using options, and shares the key concepts essential to successful options use. Options also explores how to use a wide variety of options strategies and shows readers how to select the strategy that best fits their own psychological risk profile. Filled with real-world examples and proven strategies, this invaluable resource will be of interest to all professionals-and newcomers-who'd like to exploit options for strategic advantage, risk management, or profit. Simon Vine (Moscow, Russia) is deputy head of the investment banking division at Alfa Bank, the largest private financial institution in Russia. He holds an MBA from Columbia Business School and a BA from the Institute for Finance and Economics in Moscow.

Author : Rosie Yeo
Publisher : Major Street Publishing
Page : 185 pages
File Size : 50,7 Mb
Release : 2022-02-22
Category : Business & Economics
ISBN : 9781922611314

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Go for Bold by Rosie Yeo Pdf

A new approach to designing simple and powerful strategy by harnessing organizational talent and creativity.Strategy is important, but it's not easy to come up with fresh ideas needed for success, let alone bring them to life. Uncertainty about the future, the pressure of competition, risk aversion, and those boring planning meetings employees sit through sap confidence and enthusiasm and produce timid templates for maintaining status quo.This book offers a new approach to designing strategy. It shows how to inspire others to think differently long-term, work through challenging issues constructively, and ultimately become committed to an ambitious, shared future for your organization. Leading strategist Rosie Yeo reveals how to find answers to big questions by unleashing team creativity to hone in on what is most important and map a bold pathway to success. For leaders, aspiring leaders and anyone who needs a future plan, Go For Bold offers a fresh take on the creative collaboration needed to design, implement and achieve your organization's growth and other success metrics.