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The Risk-Driven Business Model - Four Questions That Will Define Your Company (Hardcover)
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The Risk-Driven Business Model - Four Questions That Will Define Your Company (Hardcover)
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How to outsmart risk
Risk has been defined as the potential for losing something of
value. In business, that value could be your original investment or
your expected future returns.
"The Risk-Driven Business Model" will help you manage risk better
by showing how the key choices you make in designing your business
models either increase or reduce two characteristic types of
risk--information risk, when you make decisions without enough
information, and incentive-alignment risk, when decision makers'
incentives are at odds with the broader goals of the company.
Leaders who understand how the structure of their business model
affects risk have the power to create wealth, revolutionize
industries, and shape a better world.
INSEAD's Karan Girotra and Serguei Netessine, noted operations and
innovation professors who have consulted with dozens of companies,
walk you through a business model audit to determine what key
decisions get made in a business, when they get made, who makes
them, and why we make the decisions we do.
By changing your company's key decisions within this framework, you
can fundamentally alter the risks that will impact your business.
This book is for entrepreneurs and executives in companies involved
in dynamic industries where the locus of risk is shifting, and
includes lessons from Zipcar, Blockbuster, Apple, Benetton,
Kickstarter, Walmart, and dozens of other global companies.
"The Risk-Driven Business Model" demystifies business model risk,
with clear directives aimed at improving decision making and
driving your business forward.
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