Strategic Risk Management: New Tools for Competitive Advantage in an Uncertain Age Audiobook (Free)

This book presents a fresh method of risk management that allows executives to think systematically and strategically about future risks and deal proactively with threats with their competitive advantages within an a lot more volatile, uncertain, complex, and ambiguous world.

Agencies typically manage dangers through traditional equipment such as insurance and risk mitigation; some utilize enterprise risk management, which talks about risk holistically through the entire business. But these tools tend to about Strategic Risk Management: New Equipment for Competitive Benefit in an Uncertain Age focus organizational interest on past activities and compliance. Executives need to deal with risk head-on as a fundamental element of their strategic preparing process, not really by searching in the rearview reflection.

Strategic Risk Administration (SRM) is a forward-looking approach that helps teams anticipate events or exposures that fundamentally threaten or enhance a firm’s position. The writers, professionals in both business strategy and risk administration, define strategic risks and show the way they differ from functional risks. They provide a road map that represents architectural components of SRM (understanding, principles, buildings, and tools) showing how market leaders can integrate them to successfully design and put into action a future-facing SRM system. SRM gives organizations a competitive advantage over those stuck in out-of-date risk management practices. For the first time, it allows them to look squarely out leading windshield.