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Global Risk Agility and Decision Making - Organizational Resilience in the Era of Man-Made Risk (Paperback, Softcover reprint of the original 1st ed. 2016)
Loot Price: R1,885
Discovery Miles 18 850
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Global Risk Agility and Decision Making - Organizational Resilience in the Era of Man-Made Risk (Paperback, Softcover reprint of the original 1st ed. 2016)
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In Global Risk Agility and Decision Making, Daniel Wagner and Dante
Disparte, two leading authorities in global risk management, make a
compelling case for the need to bring traditional approaches to
risk management and decision making into the twenty-first century.
Based on their own deep and multi-faceted experience in risk
management across numerous firms in dozens of countries, the
authors call for a greater sense of urgency from corporate boards,
decision makers, line managers, policymakers, and risk
practitioners to address and resolve the plethora of challenges
facing today's private and public sector organizations. Set against
the era of manmade risk, where transnational terrorism, cyber risk,
and climate change are making traditional risk models increasingly
obsolete, they argue that remaining passively on the side-lines of
the global economy is dangerous, and that understanding and
actively engaging the world is central to achieving risk agility.
Their definition of risk agility taps into the survival and
risk-taking instincts of the entrepreneur while establishing an
organizational imperative focused on collective survival. The agile
risk manager is part sociologist, anthropologist, psychologist, and
quant. Risk agility implies not treating risk as a cost of doing
business, but as a catalyst for growth. Wagner and Disparte bring
the concept of risk agility to life through a series of case
studies that cut across industries, countries and the public and
private sectors. The rich, real-world examples underscore how once
mighty organizations can be brought to their knees-and even their
demise by simple miscalculations or a failure to just do the right
thing. The reader is offered deep insights into specific risk
domains that are shaping our world, including terrorism, cyber
risk, climate change, and economic resource nationalism, as well as
a frame of reference from which to think about risk management and
decision making in our increasingly complicated world. This easily
digestible book will shed new light on the often complex discipline
of risk management. Readers will learn how risk management is being
transformed from a business prevention function to a values-based
framework for thriving in increasingly perilous times. From
tackling governance structures and the tone at the top to
advocating for greater transparency and adherence to value systems,
this book will establish a new generation of risk leader, with
clarion voices calling for greater risk agility. The rise of agile
decision makers coincides with greater resilience and
responsiveness in the era of manmade risk.
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