Overview

Strategic Risk Management provides a comprehensive set of tools to help executives plan systematically and practically not only to survive but to truly thrive in a competitive world that is increasingly VUCA (volatile, uncertain, complex, and ambiguous). Strategic risk management (SRM) is a forward-looking approach that helps teams see both threats to and opportunities in their strategic position. SRM gives organizations a competitive advantage over those stuck in outdated risk management practices. All organizations manage risks through traditional tools such as insurance and risk mitigation; some employ enterprise risk management, which looks at risk holistically throughout the organization. These tools tend to focus organizational attention on past actions and compliance or looking in the rearview mirror. SRM provides a set of tools to help organizations look squarely out the front windshield. The authors define strategic risks and show how they differ from operational risks and why new tools are needed. The audiobook provides 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. This audiobook aims to provide executives with a clear understanding of how to think about strategy in ways that account for events or exposures that fundamentally threaten or enhance a firm's competitive advantage.

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9781690560104

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Paul C. Godfrey is the William and Roceil Low Professor of Business Strategy at the Marriott School of Business, Brigham Young University. Emanuel Lauria, DBA, is CEO of KB Risk Solutions and has over thirty years of risk management and insurance industry experience. John Bugalla has over twenty years of experience as an enterprise and strategic risk management consultant; he has advised companies such as Exelon Corporation, Digital Realty Trust, Gildan, and PQ Corporation. Kristina Narvaez is the owner of ERM Strategies, LLC, an enterprise risk management and strategy research and consulting firm. Joe Bronzi began his career as an award-winning stand-up comedian, appearing on the television show Gotham Live, in Atlantic City and Las Vegas, and as a television warm-up comedian for shows such as Who Wants to be a Millionaire, Room for Debate, and Crowd Rules. He studied narration and sound engineering under Chuck McKibben and began recording audiobooks in 2011.

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