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Dante Disparte, Daniel Wagner (Beteiligte)

Global Risk Agility and Decision Making


Organizational Resilience in the Era of Man-Made Risk
Softcover reprint of the original 1st ed. 2016. 2018. xxxi, 415 S. 24 SW-Abb. 235 mm
Verlag/Jahr: SPRINGER PALGRAVE MACMILLAN; PALGRAVE MACMILLAN UK 2018
ISBN: 1-349-95659-7 (1349956597)
Neue ISBN: 978-1-349-95659-3 (9781349956593)

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In Global Risk Agility and Decision Making , Daniel Wagner and Dante Disparte, two leading authorities in global risk management, make a compelling case for the need to bring traditional approaches to risk management and decision making into the twenty-first century. Based on their own deep and multi-faceted experience in risk management across numerous firms in dozens of countries, the authors call for a greater sense of urgency from corporate boards, decision makers, line managers, policymakers, and risk practitioners to address and resolve the plethora of challenges facing today´s private and public sector organizations.

Set against the era of manmade risk , where transnational terrorism, cyber risk, and climate change are making traditional risk models increasingly obsolete, they argue that remaining passively on the side-lines of the global economy is dangerous, and that understanding and actively engaging the world is central to achieving risk agility. Their definition of risk agility taps into the survival and risk-taking instincts of the entrepreneur while establishing an organizational imperative focused on collective survival.

The agile risk manager is part sociologist, anthropologist, psychologist, and quant. Risk agility implies not treating risk as a cost of doing business, but as a catalyst for growth. Wagner and Disparte bring the concept of risk agility to life through a series of case studies that cut across industries, countries and the public and private sectors. The rich, real-world examples underscore how once mighty organizations can be brought to their knees-and even their demise by simple miscalculations or a failure to just do the right thing. The reader is offered deep insights into specific risk domains that are shaping our world, including terrorism, cyber risk, climate change, and economic resource nationalism, as well as a frame of reference from which to think about risk management and decision making in our increasingly complicated world.

This easily digestible book will shed new light on the often complex discipline of risk management. Readers will learn how risk management is being transformed from a business prevention function to a values-based framework for thriving in increasingly perilous times. From tackling governance structures and the tone at the top to advocating for greater transparency and adherence to value systems, this book will establish a new generation of risk leader, with clarion voices calling for greater risk agility. The rise of agile decision makers coincides with greater resilience and responsiveness in the era of manmade risk.
PART ONE: THE RISK MANAGEMENT CONUNDRUM.- 1. Risk Management in a Global World.- 2. Risk Management as a Process.- 3. The Risk Continuum.- 4. Complexity Reduction.- 5. Three Dimensional Risk Management.- PART TWO: THE GLOBAL RISK LABYRINTH.- 6. Terrorism.- 7. Economic and Resource Nationalism.- 8. Climate Change.- 9. Cyber Risk.- 10. Corporate Social Responsibility.- 11. Country Risk Management.- PART THREE: EFFECTIVE DECISION MAKING.- 12. Transactional Risk Management.- 13. Anticipatory Risk Management.- 14. From Cost to Catalyst.- 15. Risk Governance.- 16. Conclusion.
"This book is outstanding and thought-provoking, and highly readable ... about topics so important that any security and risk manager, and anyone in business, and indeed in the business of life, can read with profit." (professionalsecurity.co.uk, February, 2018)