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Leading from Under the Sword of Damocles - A Business Leader's Practical Guide to Using Predictive Emulation to Manage Risk and Maintain Profitability (Paperback, Softcover reprint of the original 1st ed. 2017)
Loot Price: R1,194
Discovery Miles 11 940
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Leading from Under the Sword of Damocles - A Business Leader's Practical Guide to Using Predictive Emulation to Manage Risk and Maintain Profitability (Paperback, Softcover reprint of the original 1st ed. 2017)
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Globalization trends and the rapid pace of technological
innovations have introduced unprecedented change and uncertainty.
For unprepared businesses, the drivers of the Fourth Industrial
Revolution will become a constant source of surprise and crises
will unfold at an ever-increasing rate. To thrive under these
conditions, companies must adopt new risk management technologies
and practices that enable business leaders to better anticipate and
adjust to changing dynamics. This book helps readers understand how
algorithm-based predictive and prescriptive analytics principles
can be used to control risk in today's dynamic business
environment. It serves as a reference guide for business leaders
and risk management practitioners of companies that are global in
reach or operate dynamically complex systems. Using the
technological and scientific innovations presented in this book,
business leaders can gain a wider understanding of risk and
prescriptively determine which actions are necessary to ensure the
business is optimally positioned to meet its stated long-term goals
and objectives. Case studies show how the presented methods can be
practically applied to preemptively expose risks and support
decisions to optimize, transform or disrupt current business
models, strategies, organizational structure and information
systems when necessary to maintain a market position or outperform
competitors. These methods have been proven through hundreds of
client cases. By using mathematical emulation to link business
risks to strategic imperatives, it becomes possible to achieve a
higher annual profit margin and better growth. As we enter the
Fourth Industrial Revolution, companies that are able to expose
risks caused by dynamic complexity and maintain the alignment
between the goals of the business and operational execution will be
better prepared to make the shifts necessary for long-term success
and keep the business moving toward its goals.
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