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.
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.
