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Item Details
Title: RETHINKING CATASTROPHIC RISK
HOW CORPORATIONS COPE WITH DISRUPTION
By: Howard Kunreuther
Format: Hardback

List price: £23.49
Our price: £17.15
Discount:
27% off
You save: £6.34
ISBN 10: 0190499400
ISBN 13: 9780190499402
Availability: Usually dispatched within 1-3 weeks.
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Publisher: OXFORD UNIVERSITY PRESS
Pub. date: 25 January, 2018
Pages: 256
Description: A profound and insightful look at how companies prepare for and respond to crises that threaten catastrophic disruption to their operations and even their existence.
Synopsis: Risk taking is inherent in competition and managing risk well is a mark of successful firms. Doing so is increasingly challenging given the pace of change, whether financial, technological, environmental, reputational, or political. Rethinking Catastrophic Risk draws on extensive interviews with risk managers to provide real-world insights and a framework for smart thinking and planning for possible disruptions, adverse events, or crises that could seriously harm the normal business functions or operations of a firm. Corporate leaders face a series of ever-more-challenging decisions to avoid and respond to perils that can be caused by external forces or by harmful actions within the firm. The business world is growing ever riskier given rapid changes generated by increasing concentration of populations and assets, complex interdependencies of markets and supply-chains, pressures of short-term demands for results, and the pressures of transparency combined with the prominence of social media. Some shocks can be anticipated, but many others come as a surprise and create considerable stress on decision makers, often leading to even worse outcomes.As leading authorities on risk management, decision processes, and leadership, Howard Kunreuther, Erwann Michel-Kerjan, and Michael Useem draw on their extensive experience to enhance understanding of risk management and call for improving resilience to future shocks as an integral part of corporate strategy. This book is chock-full of anecdotes based on extensive interviews with leaders from all sectors of the Fortune 500 and provides a framework for linking intuitive and deliberative thinking for managing low-probability, high-consequence events. It highlights the importance of institutional arrangements and leadership capability and will benefit managers at all levels and especially executives and directors seeking to reposition their firms to better anticipate and manage adverse events.
Returns: Returnable
Some other items by this author:
BEHAVIORAL ECONOMICS OF MULTIPERIOD INSURANCE PURCHASING BEHAVIOR
BOARDS THAT LEAD (HB)
CATASTROPHE MODELING (HB)
CATASTROPHE MODELING (PB)
CHALLENGES IN RISK ASSESSMENT AND RISK MANAGEMENT (HB)
CHALLENGES IN RISK ASSESSMENT AND RISK MANAGEMENT (PB)
CONVERSATIONS ON LEADERSHIP
DECISION SCIENCES (PB)
DISASTER INSURANCE PROTECTION (HB)
EDGE (HB)
ENERGY, ENVIRONMENT AND THE ECONOMY (HB)
EXECUTIVE DEFENSE (HB)
FORTUNE MAKERS (HB)
GO LONG (HB)
GO POINT (PB)
INSURANCE DECISION-MAKING AND MARKET BEHAVIOR (PB)
INTEGRATING INSURANCE AND RISK MANAGEMENT FOR HAZARDOUS WASTES (HB)
INTEGRATING INSURANCE AND RISK MANAGEMENT FOR HAZARDOUS WASTES (PB)
INVESTOR CAPITALISM (PB)
IRRATIONAL ECONOMIST (HB)
LEADER''S CHECKLIST,10TH ANNIVERSARY EDITION
LEADER''S CHECKLIST,10TH ANNIVERSARY EDITION (HB)
LEADERSHIP DISPATCHES (HB)
LEADING UP (PB)
LEARNING FROM CATASTROPHES (PB)
LIBERAL EDUCATION AND CORPORATION (HB)
LIBERAL EDUCATION AND CORPORATION (PB)
LIBERAL EDUCATION AND THE CORPORATION (HB)
LIBERAL EDUCATION AND THE CORPORATION (PB)
MAKING DECISIONS ABOUT LIABILITY AND INSURANCE (HB)
MAKING DECISIONS ABOUT LIABILITY AND INSURANCE (PB)
MANAGING ENVIRONMENTAL RISK THROUGH INSURANCE (HB)
MANAGING ENVIRONMENTAL RISK THROUGH INSURANCE (PB)
MANAGING ENVIRONMENTAL RISK THROUGH INSURANCE (PB)
ON RISK AND DISASTER
ON RISK AND DISASTER (PB)
ONE HUNDRED CENTURIES OF SOLITUDE
ONE HUNDRED CENTURIES OF SOLITUDE (HB)
OSTRICH PARADOX (HB)
OSTRICH PARADOX (PB)
PAYING THE PRICE (HB)
RISK ANALYSIS AND DECISION PROCESSES (PB)
RISK, MEDIA AND STIGMA
RISK, MEDIA AND STIGMA
RISK, MEDIA AND STIGMA
RISK, MEDIA AND STIGMA (HB)
RISK, MEDIA AND STIGMA (PB)
STRATEGIC LEADER''S ROADMAP (PB)
STRATEGIC LEADER''S ROADMAP, REVISED AND UPDATED EDITION
STRATEGIC LEADER''S ROADMAP, REVISED AND UPDATED EDITION (HB)
THE DILEMMA OF SITING A HIGH-LEVEL NUCLEAR WASTE REPOSITORY (HB)
THE DILEMMA OF SITING A HIGH-LEVEL NUCLEAR WASTE REPOSITORY (PB)
THE ECONOMICS OF NATURAL HAZARDS (HB)
THE INDIA WAY (HB)
THE INNER CIRCLE (PB)
THE IRRATIONAL ECONOMIST
THE LEADER'S CHECKLIST, EXPANDED EDITION (PB)
THE LEADERSHIP MOMENT (PB)
TRANSFORMING ORGANIZATIONS (HB)
WHARTON ON MAKING DECISIONS (HB)



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