Mastering Strategic Risk: A Framework for Leading and Transforming Organizations (Wiley Finance)

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 Traditional management frameworks are outdated, and cannot be re-tooled to effectively account for the demands and complexities of the 21^st century.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.

JOEL E. MCPHEE, JR., is a business strategist, former executive, and a keen student of understanding how organizations as systems work. Through a holistic and integrated approach, he provides consulting services to top Fortune 500 companies. A former Senior Leader at Wells Fargo, Inc., Joel was the Chief Risk Officer for the company's 18,000-member Operations and Technology division, and headed its Global Delivery Center. During his more than 20 years of experience he has held critical roles at other top financial institutions, placing him at the forefront of addressing some of the most formidable challenges facing this industry. He brings his rich background and fresh insights to each client. Joel and his team provide strategic consulting services in the areas of Strategy, Risk, and Change Management.

Joel, who is also an attorney, co-authored the article "Why Government Regulators Need Corporate Boot Camp" for The Washington Post. He is a sought-after industry expert and speaker and is quoted regularly in industry articles. Most recently his thoughts on off-shore banking practices were published in Bank Technology News in the article "A Reversal of Fortune."

Learn more at : www.JoelMcPhee.com