The modern business climate demands a new risk management strategy Mastering Strategic Risk: A Framework for Leading and Transforming Organizations is a comprehensive guide to redesigning organizational systems to better manage the risks and complexities of the modern world. Based on the notion of "Create, Facilitate, and Support," the book provides a roadmap to ensuring optimum performance in even the most challenging circumstances. Whether applied to a system or an entire organization, the ideas presented can help unlock a business's potential and ensure a sustainable advantage.
Modern business leaders face unprecedented challenges, and risk management has become a strategic priority. Traditional management frameworks are outdated, and cannot be re-tooled to effectively account for the demands and complexities of the 21st century. Instead of adjusting old, ineffective models, businesses are better served by implementing an entirely new model custom-built to lead organizations through today's business environment. Mastering Strategic Risk describes this brand new framework, and provides the tools and background leaders need to remain effective in this new age. Topics include:
- The three forces behind customer behavior, competitive advantage, and a culture of discipline
- New major change agents that drive complexity and intensity
- Tools that help identify and mitigate the biggest risks to operations
- A new HR model to drive peak performance and galvanize employees
The book contains well-known real-world examples from Wachovia, Toyota, World-Com, and Citrix, that illustrate key concepts within the new framework and demonstrate the core elements of modern risk management. For the savvy leader looking to push an organization to the next level, Mastering Strategic Risk: A Framework for Leading and Transforming Organizations provides a brand new model for effective management.
Mastering risk in today's demanding business environment is a strategic priority, and leaders today face unprecedented challenges. As part of the Wiley Finance Series, Mastering Strategic Risk: A Framework for Leading and Transforming Organizations introduces a new organizational model for companies looking to meet the complexities and demands of the 21st century. Author, attorney, consultant, and Chief Risk Officer Joel E. McPhee introduces three essential elements that he says can be easily applied to organizations. It is possible, he says, to achieve optimum business performance even in the most challenging of circumstances.
Mastering Strategic Risk answers key questions about how to redesign organizations in more modern ways to increase leaders' ability to effectively manage the business and plan for the future. McPhee offers specific tools to help companies identify and mitigate the risks that can undermine their day-to-day operations and overall strategic objectives. He also introduces a revolutionary HR model that empowers employees across the organization, creates a more engaged workforce, and manages risk successfully over time.
McPhee offers a fresh perspective on modern organizational challenges and arms leaders with the knowledge they need to effectively manage the most critical forces that dictate performance. His strategies include how to keep pace with customer behavior and trends, how to build a strong culture of discipline, and how to ensure strong corporate governance processes remain in place. With real world examples that convert ideas into action, plus a companion website that lets readers take their research to the next level, Mastering Strategic Risk is the only book CEOs, senior executives, risk professionals, and managers need to design high-performing organizational systems that move beyond outdated models and into the 21st century.
