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Global Risk Agility and Decision Making
- Organizational Resilience in the Era of Man-Made Risk
- Narrated by: Joseph R. Durika
- Length: 13 hrs and 43 mins
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Summary
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 21st century. Based on their own deep and multifaceted 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 man-made 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 listener 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 audiobook will shed new light on the often complex discipline of risk management. Listeners 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 audiobook 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 man-made risk.
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- dips
- 31-12-20
Immensely thought provoking
Book describes the challenges, failures from poor decision making and what good decision making from a risk manager looks like. A well worthy book for anyone in the field of risk management and decision making in general.
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- Ben Cattaneo
- 29-08-16
Important and timely
This is essential reading for anyone involved in risk management and decision-making in the 21st Century - and that's just about all of us. Daniel Wagner and Dante Disparte have produced a thorough, well-researched and very readable guide on why risk management needs to change how this can be done. They go where other risk management texts fear to tread - by directly addressing that in most organisations, the discipline of risk management is often unintegrated, rigid/inflexible, and compliance-based. They offer numerous real and practical examples and very insightful takes on prominent cases - including the Volkswagen emissions scandal, the global financial crisis, the Germanwings plane crash, any many others in both the public and private sectors. The recommendations around thinking long-term, being agile, being bold, turning the pyramid upside down, and doing the right thing are timeless. Highly recommended.
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