Overview

This book develops the notion that companies can succeed on the basis of risk management, much as companies compete on efficiency, costs, labor, location, and other dimensions. The reality of risk and how it impacts companies is that it is much more definite, often catastrophic and looks more like a shock. This is striking, as a difference between firms on risk different than a marginal difference in operating efficiencies, for example. Competing on Risk Management requires a discipline, a commitment to using information and recognizing shocks and then acting upon those to redistribute assets. This book will examine how leading firms that compete on risk have done this and showcase best practices and impacts to the capital structure of firms and their organizational formation.Contents: Introduction to RiskOverview of Risk DecisionsDealing With Shocks Large Scale Risks Impacting Markets and IndustriesOperations Pose Embedded Risks to the EnterpriseReliance on Technology Increases Operational Risk Often It Is Not ObviousDealing With Contagion and Persistence in RisksRisk Management as a Corporate CompetencyProtecting the Enterprise From Itself Learning From History, Again Forming an Organization That Competes on Risk: Organizational ImplicationsDeveloping a Culture for Sound Risk ManagementToyota: Dealing With Crisis in a Major (Foreign) MarketCommunicating Risk Information in the EnterpriseBenefits of Competing on RiskReadership: Business professionals and students interested in the topic of risk management.

Full Product Details

9781299651890

Table of Contents

Reviews

Author Information

Tab Content 6

Customer Reviews

Recent Reviews

Countries Available