Strategic risk management : new tools for competitive advantage in an uncertain age
(eBook)
Author
Published
Oakland, CA : Berrett-Koehler Publishers, Inc., [2020].
Edition
First edition.
Physical Desc
1 online resource (x, 237 pages)
Status
Description
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Subjects
LC Subjects
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More Details
Format
eBook
Language
English
ISBN
9781523086962
Notes
Bibliography
Includes bibliographical references and index.
Restrictions on Access
Access limited to subscribing institutions.
Description
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 SRM gives organizations a competitive advantage over those stuck in outdated risk management practices.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.
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Citations
APA Citation, 7th Edition (style guide)
Godfrey, P. C. (2020). Strategic risk management: new tools for competitive advantage in an uncertain age (First edition.). Berrett-Koehler Publishers, Inc..
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Godfrey, Paul C.. 2020. Strategic Risk Management: New Tools for Competitive Advantage in an Uncertain Age. Berrett-Koehler Publishers, Inc.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Godfrey, Paul C.. Strategic Risk Management: New Tools for Competitive Advantage in an Uncertain Age Berrett-Koehler Publishers, Inc, 2020.
MLA Citation, 9th Edition (style guide)Godfrey, Paul C.. Strategic Risk Management: New Tools for Competitive Advantage in an Uncertain Age First edition., Berrett-Koehler Publishers, Inc., 2020.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
Staff View
Grouped Work ID
08be3209-a8e3-d220-90b5-fbed7e46ece1-eng
Grouping Information
Grouped Work ID | 08be3209-a8e3-d220-90b5-fbed7e46ece1-eng |
---|---|
Full title | strategic risk management new tools for competitive advantage in an uncertain age |
Author | godfrey paul c |
Grouping Category | book |
Last Update | 2024-03-07 02:01:08AM |
Last Indexed | 2024-04-17 02:08:49AM |
Book Cover Information
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First Loaded | Nov 4, 2022 |
Last Used | Mar 5, 2024 |
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250 | |a First edition. | ||
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300 | |a 1 online resource (x, 237 pages) | ||
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504 | |a Includes bibliographical references and index. | ||
506 | |a Access limited to subscribing institutions. | ||
520 | |a 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. | ||
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