Richard Alfred

Catastrophic Risk (eBook, PDF)

Business Strategy for Managing Turbulence in a World at Risk

• Format: PDF

Produktbeschreibung

Imagine that you are a corporate executive or small business owner in a midwestern city under water after weeks of extreme weather and drenching rainfall. Infrastructure has been damaged beyond repair, transportation arteries are closed, and your supply chain is broken. Families have been driven from homes, food and water are in short supply, and people are becoming unruly. Government agencies are not in a position to help. Declining revenue and partisan antipathy fueled by ideological differences have eroded confidence in government. The city is in total disrepair and unable to deliver desperately needed services. It is edging toward implosion and community leaders have turned to you for help.

Catastrophe that would have been unthinkable in earlier times is a reality in a world coming out of pandemic and facing existential threats such as climate change, inequality and global conflict. Catastrophic Risk: Business Strategy for Managing Turbulence in a World at Risk challenges business to step up and assume a pivotal role with communities under stress due to prolonged exposure to risk. When powerful societal forces meet behavior that deters response to risk, the consequences of risk are exacerbated. The compounding effect of behavior on risk has opened an important role for business in mobilizing people and communities in times of crisis. It is a role that cannot be fulfilled, however, without purpose, strategy and plans sufficiently robust to overcome the threat of risk. To prosper in this environment, business will need to make a significant contribution to society as well as to deliver financial performance. For companies, this will mean involvement in community in ways that significantly depart from current practice. For leaders, it will mean new skills-contextual sensitivity, a greater understanding of behavioral dynamics, and enhanced capacity to relate to people on an emotive basis.

This book is about the relationship between risk, societal forces and human behavior-a relationship informed by the sciences that is critically important for business. Its goal is two-fold: to bring catastrophic risk to the world of business and to further business engagement in service to the common good.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 220
• Erscheinungstermin: 6. Oktober 2021
• Englisch
• ISBN-13: 9781000434668
• Artikelnr.: 62338143

Autorenporträt

Richard Alfred is Emeritus Professor of Higher Education at the University of Michigan. Prior to joining the graduate faculty at Michigan in 1980, he served as an executive officer in the City University of New York and the Metropolitan Community Colleges in Kansas City, Missouri. He is the author of numerous books among them Developing Tomorrow's Leaders: Context, Challenges and Capabilities (2015), Performance: The Dynamic of Results in Postsecondary Organizations (2012), and an award-winning book on organizational strategy, Managing the Big Picture in Colleges and Universities: From Tactics to Strategy (2006). Over the course of a 50-year career in academe, he has consulted with hundreds of organizations in the areas of strategy, organizational effectiveness and performance, and leadership. Foresight into the future-a hallmark of his books and written works-has shaped management and leadership practice in colleges and universities throughout North America.

Dick holds a baccalaureate degree from Allegheny College and masters and doctoral degrees from Penn State University. He and his wife Pat reside in Ocean Park, Maine.

Inhaltsangabe

PART ONE: SETTING THE CONTEXT Chapter 1. A World at Risk Chapter 2.
Deterrents to Action PART TWO: CHALLENGES AND DETERRENTS Chapter 3. The
Power and Peril of Pandemic Chapter 4. Climate Change: Default, Mitigation,
or Adaptation? Chapter 5. Social Inequality Chapter 6. Polarization:
Factions, Filters and Antipathy Chapter 7. Changing Social Norms Chapter 8.
Navigating and Falling Behind Change PART THREE: SHAPING THE FUTURE
Chapter 9. Rethinking Business Purpose and Strategy Chapter 10. Mobilizing