How New Risk Management Helps Leaders Master Uncertainty - Paperback

by Robert B. Pojasek (Author)

This book helps the organization's top leader gather the information needed to identify opportunities and threats and decide on the appropriate risk response in this uncertain world.

Risk is the effect of uncertainty on the ability of an organization to meet its strategic objectives. The effects of uncertainty are expressed as opportunities and threats. Yet, most people associate risk with hazards and losses (i.e., pure risk). Unlike pure risk, uncertainty risk is not insurable because of its upside risk opportunities. Risk management is a key element of the open-sourced, high-level structure developed by the International Organization for Standardization. This structure for managing important organizational programs has been adopted by over 180 country standard-setting organizations.

This book helps the organization's top leader gather the information needed to identify opportunities and threats and decide on the appropriate risk response in this uncertain world. The two most widely used risk management standards are presented to demonstrate that an organization can use either one or a combination of the two standards to help manage the effects of uncertainty on their organization. It's fool-worthy to attempt to run an organization without formal uncertainty risk management. Let this book help you find your company's way in an uncertain world.

Author Biography

Dr. Pojasek is experienced with the use of action learning and competency-based training to engage business leaders and graduate students in addressing real-world risk management and sustainability challenges. He is a longtime Harvard University sustainability and risk management instructor and a management consultant. Dr. Pojasek has a record of success in the design of transformations of ideas and insights into delivering sustainable business success. He has a track record of delivering outstanding sustainable business results to Fortune 500 companies and their value chain partners. Many of his engagements are focused on risk management, ethical sourcing and sustainable development. Dr. Pojasek has over 100 technical publications.