(Wiley Finance)
by Joel E. McPhee Jr. (Author)
The modern business climate demands a new risk management strategy
Mastering Strategic Risk: A Framework for Leading and Transforming Organizations
is a comprehensive guide to redesigning organizational systems to
better manage the risks and complexities of the modern world. Based on
the notion of "Create, Facilitate, and Support," the book provides a
roadmap to ensuring optimum performance in even the most challenging
circumstances. Whether applied to a system or an entire organization,
the ideas presented can help unlock a business's potential and ensure a
sustainable advantage.
Modern business leaders face unprecedented
challenges, and risk management has become a strategic priority.
Traditional management frameworks are outdated, and cannot be re-tooled
to effectively account for the demands and complexities of the 21st
century. Instead of adjusting old, ineffective models, businesses are
better served by implementing an entirely new model custom-built to lead
organizations through today's business environment. Mastering Strategic Risk
describes this brand new framework, and provides the tools and
background leaders need to remain effective in this new age. Topics
include:
- The three forces behind customer behavior, competitive advantage, and a culture of discipline
- New major change agents that drive complexity and intensity
- Tools that help identify and mitigate the biggest risks to operations
- A new HR model to drive peak performance and galvanize employees
The
book contains well-known real-world examples from Wachovia, Toyota,
World-Com, and Citrix, that illustrate key concepts within the new
framework and demonstrate the core elements of modern risk management.
For the savvy leader looking to push an organization to the next level, Mastering Strategic Risk: A Framework for Leading and Transforming Organizations provides a brand new model for effective management.