Time to Rethink Risk Management

Surviving Future Global Crises

Key Features

• his book covers what organisatons should have learnt rom the C 9 crisis and previous global crises

• ased on adaptng risk management to the emergent UC environment

• Proposes a reimagining and re ormulaton o Enterprise isk anagement and provides guidance on how organisatons and governments can incorporate this

• E istng literature in the feld is e tremel limited, with most books having ver limited scope and at most addressing one specifc global crisis

Descripton

The purpose of this book is to change thinking about crises and risk. isk management is toda both a great success, an impressive achievement, and a notable ailure. t works, and it doesn t work. t saves lives and propert , and it ails to save lives and propert . t helps and it hinders. Like all such management approaches, this has a lot to do with how it is emplo ed and practced, but in the case o risk management there is also a much more undamental issue. he risk management ramework, the risk management model, is wrong. an organisatons toda treat all risks as point events, when the real risks involve s stemic threats inherent in the global econom , and the uncertain nature o global societ .

he book argues that risk management has come a long wa , but that evidence o its more recent ailure is now all around us and that it needs to now change dramatcall i it is to accommodate current realites. Whilst there is a clear need or us all to manage risk through a crisis, there is a lack o understanding o the nature o crises that is impeding progress. s well as providing a conceptual basis or changing the wa risk management is undertaken, the book provides a blueprint or managing at organisatonal level through a global crisis, and, to a more limited e tent, at government and other levels how to prepare, what to do when it s happening and how and when to emerge into the post crisis world.

Author

Professor Tony Bendell is commi ed to making organisatons less ragile and more ant ragile. his was the ratonale behind his 20 4 Gower book uilding AntFragile Organisatons and the establishment o the nt ragilit cadem in 20 2, or whom he acts as Lead Consultant rainer. uring the C 9 pandemic he has ocused more specifcall on how to make organisatons more Crisis Proo , which is the sub ect o his new book Time to Rethink Risk Management: Surviving Future Global Crises to be published b World Scientfc Publishing in 2022.

He is distnguished or, amongst other ualites, an incisive intellect that draws him to innovatve thinking and its applicaton to his feld, an in ectous passion about business improvement, and an idios ncratc sense o humour. hese are all ualites that lie behind his uest to bring nt ragilit into the practcal domain o business and entrepreneurship.

January 2023

£50 | HARDCOVER 978 98 26 448

Imprint: World Scientfc Publishing Compan

Extent: 300pp

Type: Popular ook

Main Subject: usiness and anagement

Sub-Subjects: Corporate Governance ecision Sciences Entrepreneurship General usiness nd anagement nnovaton echnolog Knowledge n ormaton anagement peratons anagement peratons esearch Suppl Chain anagement rgani atonal ehavior ndustrial rgani aton General Economics Corporate inance nternatonal inance one anking nvestments inancial arkets nsttutons Climate Change Economics Climate Change Polic General nterest

Keywords: Global Crises Enterprise isk anagement E rganisatonal Survival

Readership: oard members, Chie

E ecutves and irectors, Chie isk cers, isk anagers and usiness Contnuit anagers, anagers, rganisatonal Change, rans ormaton, ualit anagement and rganisatonal E cellence specialists, usiness School students on and related courses, and readers interested in current thinking about managing risk and the conse uences and strategies or surviving through a global crisis

• Pre ace Se ng the Scene

• odel o Global Crises a Conse uental odel or E

• Knowing the Crisis is Coming

• Seeing the Crisis is Coming

• Knowing the Crisis is Here

• rganisatonal anagement hrough the Crisis

• imel Emergence

• er the Crisis

• mplementng Sensible Enterprise isk anagement

Solid Growth Strategies of Industrial Champions in Global Markets

Olaf Plötner

ESMT

Berlin, Germany

Bianca Schmitz

ESMT

Berlin, Germany

Key Features

Johannes Habel University of Houston, US

Cover Available Soon

• dvises industrial companies on how to make their o erings more digital

• E amines ke challenges that companies ace in implementng their strategies

• iscusses the role o global developments and the e tent to which the in uence solutons or global industrial companies

Descripton

This book examines global strategies for industrial champions. In partcular, it highlights three categories of supply in industrial markets: premium products, lowprice products, and complex digital solutons. he authors ident opportunites or creatng s nergies between these three strategies and address the overarching ueston How can the compan o the uture be organi ed

Editors

Olaf Plötner is a pro essor at ES erlin and the director o ES s Center. His research and teaching ocus is on strategic management in global 2 markets. His work is re ected in his most recent book, Counter Strategies in Global arkets, published b Palgrave acmillan, Springer, and S Shanghai. His research has been portra ed in ournals such as ndustrial arketng anagement, the ournal o usiness and ndustrial arketng, as well as in leading internatonal media such as C , the Wall Street ournal Europe, the imes o ndia, rank urter llgemeine eitung, China ail Europe, People s ail (China), and the inancial imes.

Johannes Habel is an associate pro essor o marketng at the C auer College o usiness, Universit o Houston. His primar areas o interest are the digital trans ormaton o the sales uncton and sales ps cholog . His research has been published in some o the world s most renowned academic marketng ournals such as the ournal o arketng, the ournal o the cadem o arketng Science, and the nternatonal ournal o esearch in arketng. e ond academic research, ohannes has published case studies with Harvard usiness Publishing and he Case Centre as well as managerial artcles with ournals such as Harvard usiness anager and the European usiness eview.

Bianca Schmitz is a director o leadership development programs at ES erlin and director o knowledge trans er at the Center. Her research has been published in ournals such as ndustrial arketng anagement and the ournal o amil usiness anagement. e ond academic research, ianca has published a number o case studies and managerial artcles on hidden champions and digital trans ormaton.

January 2023

£50 | HARDCOVER 978 98 26 45

Imprint: World Scientfc Publishing Compan

Extent: 300pp

Type: onograph

Main Subject: Business and anagement

Sub-Subjects: General usiness and anagement rgani atonal ehavior ndustrial rgani aton nnovaton echnolog Knowledge n ormaton anagement Corporate Governance Entrepreneurship nternatonal rade Business

Keywords: Global 2 Strateg usiness odels Comple Service Solutons o rills dvanced Premium Goods igital nnovaton

Readership: Practtoners, researchers and graduate students in the felds o global 2 industrial markets

•

• o rills Products

• Comple Service Solutons

• he igger Picture