Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times

Syrett, Michel, Devine, Marion

Published by Profile Books Ltd, 2012
ISBN 10: 1846685907 / ISBN 13: 9781846685903
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2012. Main. Paperback. Global recession, rebellion in the Middle East, and heartrending natural disasters in places as far apart as Japan and Haiti highlight how devastatingly surprising the world we live in can be. This book looks at managing uncertainty as a new business imperative. It shows how embracing uncertainty can lead to greater innovation and business growth. Num Pages: 224 pages. BIC Classification: KJC. Category: (P) Professional & Vocational. Dimension: 216 x 135 x 17. Weight in Grams: 280. . . . . . Books ship from the US and Ireland. Bookseller Inventory # V9781846685903

About this title:

Synopsis: A guide to understanding and responding to business uncertainty in the twenty-first century

Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth.

Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants.

  • Addresses the challenges of managing uncertainty in business
  • Presents a step-by-step guide to managing business uncertainty
  • Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Philips, Ford, Apple, and many more

Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts.

From the Back Cover:

The global financial crisis has ushered in a period of extreme uncertainty leaving major unresolved issues, such as the euro-zone crisis, which may take years to play out fully. Managing this level of uncertainty has introduced a new and complex challenge for managers, for whom there has been no established framework to help them prepare and steer their company through turbulent and unpredictable waters. This book provides such a framework. Through a detailed survey conducted by PA Consulting Group in collaboration with the authors and follow-up interviews by them with senior executives in a range of leading global firms that explored the way organisations reacted to the shock and aftershocks of the financial crisis, the authors have identified six critical characteristics that organisations must display if they are to survive and thrive in these uncertain times. These characteristics are:

  • Strategic anticipation
  • Navigational leadership
  • Agility

Many industries are seeing unprecedented shifts in market share, resulting in a clear separation between winners and losers. The message of this book is that business leaders who act now to develop these six characteristics in their own organisation—facing the possibility of turbulence and planning to emerge stronger from it—will be the winners.

"A book that every CEO should read — and act on. Doing so may make the difference between winning and losing in the coming crisis."
Sir John Banham, former chairman of Johnson Matthey PLC and Whitbread PLC, and former Director-General of the Confederation of British Industry

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Bibliographic Details

Title: Managing Uncertainty: Strategies for ...
Publisher: Profile Books Ltd
Publication Date: 2012
Binding: Soft cover
Book Condition: New

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Book Description Profile Books Ltd, United Kingdom, 2012. Paperback. Condition: New. Main. Language: English . Brand New Book. This book looks at managing uncertainty as a new business imperative. It *analyses the sources and triggers of business turbulence, and explores different models for classifying uncertainty *explores the cost of uncertainty in the shape of business disruption and lost opportunities - as well as the price paid by staff in the shape of psychological stress, diminished job satisfaction, trust and commitment. *shows how embracing uncertainty can lead to greater innovation and business growth *draws on new thinking from practitioners, academics and consultants and the experiences of a wide variety of organisations including Intel, Procter Gamble, Siemens, Boeing, Qinetiq, Philips, China Telecom, Ford, Apple, Nokia, Mars, Shell and Glaxo SmithKilne. Managing Uncertainty is aimed at business leaders and managers who are looking for new ideas and approaches that will help them to succeed in the highly uncertain times we live in today. Seller Inventory # AAZ9781846685903

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Book Description Profile Books Ltd, 2012. Condition: New. 2012. Main. Paperback. Global recession, rebellion in the Middle East, and heartrending natural disasters in places as far apart as Japan and Haiti highlight how devastatingly surprising the world we live in can be. This book looks at managing uncertainty as a new business imperative. It shows how embracing uncertainty can lead to greater innovation and business growth. Num Pages: 224 pages. BIC Classification: KJC. Category: (P) Professional & Vocational. Dimension: 216 x 135 x 17. Weight in Grams: 280. . . . . . . Seller Inventory # V9781846685903

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