Hbr's 10 Must Reads on Managing Risk (with Bonus Article Managing 21st-Century Political Risk by Condoleezza Rice and Amy Zegart) - (Paperback)

About the Book

"Is your business playing it safe--or taking the right risks? Risk is a regular part of business, but knowing which risks to take and when to step back is often unclear. Whether you're assessing a new opportunity for innovation or thinking about your long-term strategy in an unsteady economy, you need to know the best way to proceed while ensuring that your company is financially secure and thriving. If you read nothing else on managing risk, read these 10 articles. We've combed through hundreds of Harvard Business Review articles and selected the most important ones to help you determine which risks are worth taking and mitigate those your company--and your industry at large--are already facing. This book will inspire you to: Understand the three categories of risk and tailor your risk-management processes accordingly Gain experience through small strategic bets before launching larger initiatives Embrace uncertainty as a key element of breakthrough innovation Find opportunities in emerging markets--and avoid those you can't practically serve Get ahead of and minimize political risk Avoid common mistakes when confronting risk"--

Book Synopsis

Is your business playing it safe—or taking the right risks?

If you read nothing else on managing risk, read these 10 articles. We've combed through hundreds of Harvard Business Review articles and selected the most important ones to help your company make smart decisions and thrive, even when the future is unclear.

This book will inspire you to:

• Avoid the most common errors in risk management
• Understand the three distinct categories of risk and tailor your risk-management processes accordingly
• Embrace uncertainty as a key element of breakthrough innovation
• Adopt best practices for mitigating political threats
• Upgrade your organization's forecasting capabilities to gain a competitive edge
• Detect and neutralize cyberattacks originating inside your company

This collection of articles includes "Managing Risks: A New Framework," by Robert S. Kaplan and Anette Mikes; "How to Build Risk into Your Business Model," by Karan Girotra and Serguei Netessine; "The Six Mistakes Executives Make in Risk Management," by Nassim N. Taleb, Daniel G. Goldstein, and Mark W. Spitznagel; "From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions," by David Simchi-Levi, William Schmidt, and Yehua Wei; "Is It Real? Can We Win? Is It Worth Doing?: Managing Risk and Reward in an Innovation Portfolio," by George S. Day; "Superforecasting: How to Upgrade Your Company's Judgment," by Paul J. H. Schoemaker and Philip E. Tetlock; "Managing 21st-Century Political Risk," by Condoleezza Rice and Amy Zegart; "How to Scandal-Proof Your Company," by Paul Healy and George Serafeim; "Beating the Odds When You Launch a New Venture," by Clark Gilbert and Matthew Eyring; "The Danger from Within," by David M. Upton and Sadie Creese; and "Future-Proof Your Climate Strategy," by Joseph E. Aldy and Gianfranco Gianfrate.

About the Author

Harvard Business Review is the leading destination for smart management thinking. Through its flagship magazine, 12 international licensed editions, books from Harvard Business Review Press, and digital content and tools published on HBR.org, Harvard Business Review provides professionals around the world with rigorous insights and best practices to lead themselves and their organizations more effectively and to make a positive impact.

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