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- PublisherOxford University Press
- Publication date2020
- ISBN 10 0197549136
- ISBN 13 9780197549131
- BindingPaperback
- Number of pages264
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Mastering Catastrophic Risk : How Companies Are Coping With Disruption
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ISBN 10: 0197549136
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Mastering Catastrophic Risk: How Companies Are Coping with Disruption by Kunreuther, Howard, Useem, Michael [Paperback ]
Published by
Oxford University Press, 2020
ISBN 10: 0197549136
ISBN 13: 9780197549131
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Mastering Catastrophic Risk (Paperback)
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Oxford University Press Inc, New York, 2021
ISBN 10: 0197549136
ISBN 13: 9780197549131
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Paperback. Condition: new. Paperback. A profound and insightful look at how company leaders prepare for and respond to shocks and crises that threaten their business.Successful firms strategically manage and are more accurate in their assessment of large-scale risks. Doing so is increasingly challenging given the pace of change, whether financial, technological, regulatory, or environmental. Mastering Catastrophic Risk provides real-world practical insights into how largecompanies are responding to this new reality and develops a framework for smarter thinking about events that can damage a business.As leading authorities on risk management, strategy, andcompany leadership, Howard Kunreuther and Michael Useem take us on a groundbreaking tour of firms' decision making process. They demonstrate how improving readiness for and resilience against future shocks is now an integral part of company strategy. Using the "DISRUPT" model they have developed, they highlight the seven primary Drivers of disruption: Interdependencies increase exposure; Short-term focus results in limited vision;Regulations require change and constrain opportunities; Urbanization increases the costs of disasters; Probabilities of disasters have increased; and Transparency has enhanced public awareness of problems and impacts on firms' reputations. This updated paperbackedition includes a new preface to address threats to business that have emerged or intensified in the past two years including existential threats like the coronavirus, self-inflicted calamities like the Wells Fargo customer account scandal, and natural disasters like the West Coast wildfires and hurricanes on the Atlantic.Some disruptions can be anticipated, while others arrive without warning. Their onset stresses decision makers, impairs company operations, and may evenput the enterprise at risk. The bottom-line: business leaders and their governing boards face ever more challenging disruptions and must be ever more on guard. If your company is hit tomorrow, willit bounce back, or drown? Mastering Catastrophic Risk is a profound and insightful look at how company leaders prepare for and respond to shocks and crises that threaten their businesses' operations, reputations, and even existence. This updated paperback edition includes a new preface to address threats to business that have emerged or intensified in the past two years including COVID-19. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780197549131
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Mastering Catastrophic Risk: How Companies Are Coping with Disruption
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ISBN 10: 0197549136
ISBN 13: 9780197549131
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Mastering Catastrophic Risk: How Companies Are Coping with Disruption
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