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Risky Strategy: Understanding Risk to Improve Strategic Decisions

MacAlister, Jamie

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ISBN 10: 1472926048 / ISBN 13: 9781472926043
Published by Bloomsbury Information Ltd
New Condition: New Hardcover
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Num Pages: 224 pages. BIC Classification: KJC; KJMD. Category: (G) General (US: Trade). Dimension: 167 x 241 x 25. Weight in Grams: 510. . 2016. Hardcover. . . . . Books ship from the US and Ireland. Bookseller Inventory # V9781472926043

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Bibliographic Details

Title: Risky Strategy: Understanding Risk to ...

Publisher: Bloomsbury Information Ltd

Binding: Hardcover

Book Condition: New

About this title

Synopsis:

What is risk? Is it a real danger or just an opportunity in disguise? Can it be out-manoeuvred or is it something to be embraced and worked with?

When companies are developing their business strategies, risk may be mentioned in passing (and even then, frequently misunderstood) but is rarely seen as a key component of the strategic decision-making process. This can lead to unforeseen complications – strategy is all about making decisions that concern an uncertain future and so risk should play a significant role in that process.

The handling or understanding of risk is often delegated to specialists and much of what is written about risk is, due to its complexity, inaccessible to the majority of senior managers. Risky Strategy aims to make the consideration of risk more accessible and understandable and, in doing so, develop a common language and understanding for recognising and handling it.

Based on research carried out by Ashridge Business School, as well as case studies of the strategic decision-making process in action, Jamie MacAlister takes the subject out of the textbooks and brings it engagingly to life. Drawing on lessons from Apple to Procter & Gamble, from Napoleon to Nelson, from Roger Federer to Sir Alex Ferguson, and from Pythagorus to Sir Isaac Newton, Risky Strategy provides a new and dynamic perspective on risk, demonstrating how and when to take the right risk, and knowing how to recognise the common risks that can derail even the most well-planned projects.

About the Author:

Jamie MacAlister teaches at Hult International Business School and Ashridge Executive Education, and is an experienced commercial manager, strategist, facilitator and executive coach. He specialises in risk in strategy and commercial management.

Previously, he worked at PricewaterhouseCoopers as a management consultant and has held management roles with Procter & Gamble, Comco and RM Education.

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