The Two Headed Coin

David Wm. Finnie, James L. Darroch

ISBN 10: 111979420X / ISBN 13: 9781119794202

Published by John Wiley and Sons Inc, US, 2021

About this Item

Discover the interplay between strategy and risk in this insightful new resource from two experts in the financial industry who have applied their knowledge to multiple industries In The Two Headed Coin, accomplished authors James L. Darroch and David Wm. Finnie deliver an insightful exploration of the interplay between strategy and risk that underlies the operational framework of successful organizations. You'll learn which risks are fundamental to the strategic positioning and goals of your organization and which are not. You'll also discover the importance of an independent risk function, e,g., the CRO, and its invaluable role as part of the strategic process. You'll also find: A thorough discussion of the notion of competitive advantage and how it relates to riskAn exploration of consumer perception and reputation as an asset to be managedHow to use scenario planning and real options to provide a framework for managing uncertaintyHow a focus on culture and ethics can minimize the risk of large losses due to adverse behaviors Perfect for risk management and strategy professionals The Two Headed Coin will also earn a place in the libraries of executives and managers who wish to improve their ability to integrate strategic and risk thinking to create competitive advantage.

Seller Inventory # LU-9781119794202

Bibliographic Details

• Title: The Two Headed Coin
• Publisher: John Wiley and Sons Inc, US
• Publication Date: 2021
• Language: English
• ISBN 10: 111979420X
• ISBN 13: 9781119794202
• Binding: Hardback
• Condition: New
• Weight: 490 grams

About this title

Synopsis

Discover the interplay between strategy and risk in this insightful new resource from two experts in the financial industry who have applied their knowledge to multiple industries

In The Two Headed Coin, accomplished authors James L. Darroch and David Wm. Finnie deliver an insightful exploration of the interplay between strategy and risk that underlies the operational framework of successful organizations. You'll learn which risks are fundamental to the strategic positioning and goals of your organization and which are not. You'll also discover the importance of an independent risk function, e,g., the CRO, and its invaluable role as part of the strategic process.

You'll also find:

• A thorough discussion of the notion of competitive advantage and how it relates to risk
• An exploration of consumer perception and reputation as an asset to be managed
• How to use scenario planning and real options to provide a framework for managing uncertainty
• How a focus on culture and ethics can minimize the risk of large losses due to adverse behaviors

Perfect for risk management and strategy professionals The Two Headed Coin will also earn a place in the libraries of executives and managers who wish to improve their ability to integrate strategic and risk thinking to create competitive advantage.

About the Author

DR. JAMES L. DARROCH is currently CIT Chair in Financial Services, Schulich School of Business, York University and Associate Professor, Policy, Schulich School of Business, York University. James is a sought-after expert in strategy and financial services education. In 2017, James and his co-author Patricia Meredith won the distinguished Donner Prize (award for the best public policy book by a Canadian) for Stumbling Giants: Transforming Canada’s Banks for the Information Age.

DAVID WM. FINNIE is a senior corporate executive with over 20 years’ experience leading large and mid-sized multinationals and Fortune 100 companies in the building and optimization of their financial, capital, and risk management strategies and capabilities. In addition to risk management expertise, he also offers strengths as a strategic business leader helping to define and implement business growth strategies and drive new business development. David has published four short articles on risk management, governance, and strategy.