TY - BOOK AU - McPhee,Joel E. TI - Mastering Strategic Risk: A Framework for Leading and Transforming Organizations T2 - Wiley finance series SN - 9781118772874 AV - HD58.8 .M85 2014 U1 - 658.4063 PY - 2014/// CY - Hoboken, New Jersey PB - Wiley KW - Organizational change KW - Management KW - Corporate culture KW - Organizational effectiveness KW - BUSINESS & ECONOMICS KW - Industrial Management KW - bisacsh KW - Management Science KW - Organizational Behavior KW - fast KW - Electronic books N1 - Includes bibliographical references and index; Mastering Strategic Risk; Contents; Preface; Acknowledgments; Introduction: Mastering the Complexities of a New Age; CHAPTER 1 The Round World, the Square Pegs: Redesigning Organizations to Manage the Risks of a Different World; RIGHTING THE SHIP: MANAGING THE COMPLEXITIES OF A NEW AGE; THE UNTOLD STORY OF WACHOVIA'S DEMISE: THE RISE AND FALL OF AN INDUSTRY GIANT; A Legacy to Be Proud Of; What Went Wrong; A SYMPTOM OF A MUCH LARGER CHALLENGE; THE BURNING PLATFORM: WHY THE NEED FOR CHANGE; LEVERAGING THE POWER OF PEOPLE; A WORLD OF PATTERNS: DOES NATURE HOLD THE ANSWERS?; REFERENCES; CHAPTER 2 The Three Elements: Creating, Facilitating, and Supporting Your Competitive Advantage A FRAMEWORK TAKEN FROM NATURE; Natural Systems; THE HUMAN BODY AS AN EXAMPLE; The Nervous System; Governance and the Body: The Cell Cycle and Temperature; ECOSYSTEMS; THE THREE ELEMENTS AND OUR MARKETPLACE; The Creative Element and the Marketplace; THE THREE ELEMENTS AND THE AUTO INDUSTRY; THE THREE ELEMENTS AND ORGANIZATIONS; The Motorola Story; Aligning the Three Elements with Corporate Activities; THE CREATIVE ELEMENT IN ORGANIZATIONS; Facilitation; Support; INFORMATION TECHNOLOGY AS AN EXAMPLE; EVERYTHING OLD IS NEW AGAIN SUMMARY; QUESTIONS; NOTE; REFERENCES; CHAPTER 3 The Three Forces: Mastering Strategic Risk with Repetition, Balance, and Movement; ANTICIPATING CHANGE: TOYOTA; THREE FORCES THAT DICTATE PERFORMANCE IN SYSTEMS; MOVEMENT AND CHANGE IN NATURE; Movement and Change in the World We've Created; Balance in Nature; Repetition in Nature; MOVEMENT, BALANCE, AND REPETITION IN OUR MARKETPLACE; Balance in the Marketplace; Repetition in the Marketplace; CHANGE, BALANCE, AND REPETITION IN ORGANIZATIONS; Blockbuster and the Impact of New Technology; Change and Technology; Balance in Organizations Repetition in Organizations; THE THREE ELEMENTS AND FORCES AND OUR SYSTEM OF GOVERNMENT; The Creative Element; Support and the Federal Government; Facilitation and the State; THE FEDERAL GOVERNMENT SUPPORTS, FACILITATES, AND CREATES: A FRACTAL VIEW; THE FEDERAL GOVERNMENT AND OVERSIGHT; A HOLISTIC APPROACH; SUMMARY; QUESTIONS; REFERENCES; CHAPTER 4 Transforming the Corporate Agenda: Applying the New Learning to Master Strategic Risk; ALIGNING THE THREE ELEMENTS AND FORCES FOR IMPACTFUL RESULTS; THE THREE ELEMENTS AS KEY DRIVERS OF ORGANIZATIONAL PERFORMANCE; Driving Growth through Continuous Creativity and Innovation The Talent Factor and Innovation; CREATIVITY AND INNOVATION THROUGH THE LENS OF INDUSTRY LEADERS; Google-Building a Culture of Innovation; The IKEA Way; Bell Labs-A Trailblazer of American Corporate Innovation; IDENTIFYING ADDITIONAL CENTERS OF CREATIVITY AND GROWTH IN THE MOST UNLIKELY OF PLACES; McDonald's and Its DNA of New Product Development; GROWTH THROUGH FACILITATIVE FUNCTIONS AND CAPABILITIES; Wells Fargo; GROWTH THROUGH SUPPORTIVE FUNCTIONS AND CAPABILITIES; Mobile Banking; REPETITION AND OPERATIONAL EXCELLENCE; Wachovia and merger integration; hrm N2 - The modern business climate demands a new risk management strategy. Mastering Strategic Risk: A Framework for Leading and Transforming Organizations is a comprehensive guide to redesigning organizational systems to better manage the risks and complexities of the modern world. Based on the notion of "Create, Facilitate, and Support," the book provides a roadmap to ensuring optimum performance in even the most challenging circumstances. Whether applied to a system or an entire organization, the ideas presented can help unlock a business's potential and ensure a sustainable advantage. Modern business leaders face unprecedented challenges, and risk management has become a strategic priority. Traditional management frameworks are outdated, and cannot be re-tooled to effectively account for the demands and complexities of the 21st century. Instead of adjusting old, ineffective models, businesses are better served by implementing an entirely new model custom-built to lead organizations through today's business environment. Mastering Strategic Risk describes this brand new framework, and provides the tools and background leaders need to remain effective in this new age. Topics include: The three forces behind customer behavior, competitive advantage, and a culture of discipline; New major change agents that drive complexity and intensity; Tools that help identify and mitigate the biggest risks to operations; A new HR model to drive peak performance and galvanize employees. The book contains well-known real-world examples from Wachovia, Toyota, World-Com, and Citrix, that illustrate key concepts within the new framework and demonstrate the core elements of modern risk management. For the savvy leader looking to push an organization to the next level, Mastering Strategic Risk: A Framework for Leading and Transforming Organizations provides a brand new model for effective management.-- UR - http://dx.doi.org/10.1002/9781118819548 ER -