At your own risk! : how the risk-conscious culture meets the by Gary S. Lynch

By Gary S. Lynch

In keeping with over thirty years of expertise, famous chief Gary Lynch unearths during this crucial consultant a video game plan to spot and deal with a number of hazards confronted during this courageous new globalized global of adjusting marketplace dynamics and complicated high-tech worth networks. This groundbreaking booklet articulates an experienced-based and spot-on overview of chance administration realities that each one firms should still make middle to their company cultures

Show description

Read or Download At your own risk! : how the risk-conscious culture meets the challenge of business change PDF

Best managerial books

Government Intervention in Globalization: Regulation, Trade and Devaluation Wars

This e-book presents institutional info and makes use of analytical instruments to explains why governments may still interfere in economies tormented by globalization. With research of present kingdom stories and concerns, this ebook is an important learn for all drawn to the calls for on fiscal coverage in globalized age.

Managerial Accounting, 8th Edition

Crosson and Needles proceed to aid teachers remain on best of the switch curve with Managerial Accounting. Balanced, versatile content material during this market-leading textual content is supported through an array of built-in print and expertise supplementations. even if an teacher desires to current a person or procedural orientation, contain new tutorial recommendations, enhance scholars' center abilities and abilities, or combine expertise into the study room, Managerial Accounting offers a complete answer, making it the normal selection for accounting teachers.

Winning CFOs: Implementing and Applying Better Practices

Larger practices that ultra-modern CFOs can hire to deliver worth and potency to the groups that report back to them supporting company accountants from the CFOs to the administration accountant enforce higher practices that may make a distinction to their finance team's functionality, profitable CFOs indicates company accountants find out how to create everlasting advancements of their organization's strategies.

Value-Based Working Capital Management: Determining Liquid Asset Levels in Entrepreneurial Environments

Value-Based operating Capital administration analyzes the factors and results of mistaken funds circulation administration among entrepreneurial businesses with various degrees of danger. This paintings seems on the explanations and standards for decision-making via marketers of their efforts to guard the monetary protection in their companies and deal with monetary liquidity.

Extra resources for At your own risk! : how the risk-conscious culture meets the challenge of business change

Example text

Change 1 A globalized interconnected and interdependent economy. Risk: The evolution of a globalized marketplace has created massive growth opportunities and complexities. As is often the case, with greater complexity comes greater risk. , nationalization of companies), supplier soundness risk, labor risks, export/import compliance, raw material shortages, logistics, capacity, security, and the contingent risk created when suppliers outsource work to other suppliers without involvement of the buyer.

2 Cause and Effect Causality or causation denotes a directional relationship between one event (called cause) and another event (called effect) which is the consequence (result) of the first —RANDOM HOUSE UNABRIDGED DICTIONARY O ver the past few decades, six mega-changes have significantly altered organizations’ risk profiles. Each change spurred economic and social benefits as well as considerable long-term risk. These mega-changes are: 1. A globalized interconnected and interdependent economy 2.

More subtle and invisible are cyber threats, potential attacks on utilities, automation, and infrastructure, all complex and far-reaching in their implications. 4. Personal liability, integrity, and damages. Personal and organizational integrity is mandatory, and cannot be replaced with improved methodology; in fact, a real threat is that integrity may be lost in the shuffle of ‘‘improved’’ systems. Damage can occur at the individual or organization level, most commonly through employee or shareholder suits.

Download PDF sample

Rated 4.08 of 5 – based on 43 votes