Uncertain Business
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Managing Uncertainty
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Author : Michel Syrett
language : en
Publisher: John Wiley & Sons
Release Date : 2012-10-04
Managing Uncertainty written by Michel Syrett and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-10-04 with Business & Economics categories.
A guide to understanding and responding to business uncertainty in the twenty-first century Managing uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth. Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants. Addresses the challenges of managing uncertainty in business Presents a step-by-step guide to managing business uncertainty Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Philips, Ford, Apple, and many more Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts.
Uncertain Business
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Author : Richard Victor Ericson
language : en
Publisher:
Release Date : 2004
Uncertain Business written by Richard Victor Ericson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
We live in an age of increasing doubt about whether our institutions and technologies can provide security against risks, many of which they themselves have created. Uncertain Business is an unprecedented inquiry into insurance industry practices and what they tell us about risks and uncertainties in contemporary society. The core of the book is ethnographic studies in distinct fields of insurance: premature death, disability, earthquake, and terrorism. These studies reveal that uncertainty pervades different fields of insurance, the very industry that is charged with transforming uncertainty into manageable risk. Scientific data on risk are variously absent, inadequate, controversial, contradictory, and ignored. Insurers impose meaning on uncertainty through non-scientific forms of knowledge that are intuitive, emotional, aesthetic, moral, and speculative. Nevertheless, the nature of uncertainty and the response to it varies substantially across the fields studied, showing how contemporary society is characterized by competing risk logics. Insurers' perceptions and decisions about uncertainty - with potential for windfall profits as well as catastrophic losses - create crises in insurance availability and provoke new forms of inequality and exclusion. Hence, while the insurance industry is a central bulwark against uncertainty, insurers also play a key role in fostering it.
Small Business Management And Control Of The Uncertain External Environment
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Author : Konstantinos Biginas
language : en
Publisher: Emerald Group Publishing
Release Date : 2022-03-15
Small Business Management And Control Of The Uncertain External Environment written by Konstantinos Biginas and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-03-15 with Business & Economics categories.
This edited collection investigates the potential impact of long-term planning and strategic awareness on the ability of SMEs to remain competitive. The authors demonstrate that whether SMEs are able to identify and act upon external forces and factors, or not, is the defining indicator of their likelihood to struggle, survive, or thrive.
Dynamic Business Strategy
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Author : Martin Reeves
language : en
Publisher: Walter de Gruyter GmbH & Co KG
Release Date : 2021-11-22
Dynamic Business Strategy written by Martin Reeves and has been published by Walter de Gruyter GmbH & Co KG this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-22 with Business & Economics categories.
The playing field for business has changed significantly in recent decades. The pace of change is accelerating, driven by increased technological progress and shrinking business lifespans. Economic and political uncertainty has risen dramatically and is likely to remain at elevated levels. Industry boundaries are blurring, increasing the potential paths to competitive disruption. Strategy is not dead—in fact, as the gap between winners and losers within industries continues to grow, it is more important than ever. However, the playbook needs to be reinvented for today’s business environment. Classical sources of competitive advantage, such as scale and differentiation, have not gone away, but they have been complemented by new dimensions of competition. This book discusses the new role of strategy in a dynamic, unpredictable context. Part 1 of this book revisits classical strategy frameworks and what changes should be made to apply them to the modern era. Part 2 discusses new strategic capabilities companies need today, such as adapting to uncertain environments and shaping new or disrupted ones. Part 3 examines the expanding boundaries of strategy, including new competitive imperatives as well as the wider range of timescales on which businesses must now operate. Drawing on the work of the BCG Henderson Institute and its fellows and ambassadors over several years, Dynamic Strategy will help business professionals as well as academics and students with an interest in strategy understand the new competitive challenges that businesses face and develop a playbook to address them.
Uncertainty In Strategic Decision Making
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Author : Richard J. Arend
language : en
Publisher: Springer Nature
Release Date : 2024-01-03
Uncertainty In Strategic Decision Making written by Richard J. Arend and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-03 with Business & Economics categories.
Knight (1921) defines uncertainty as an informational market failure that, while being detrimental to most existing businesses, presents possible profitable opportunities for others. This book builds upon that classic work by providing an analysis of the alternative approaches to strategic decision-making under such uncertainty. It covers what uncertainty is, why it is important, and what connections it has to business and related fields, culminating in a new and comprehensive typology and a valuable guide for how to appropriately address various types of uncertainties, even under AI. It clarifies the current terminological and categorical confusion about ‘unknowns’ while complementing the mathematical, probability-based approaches that treat uncertainty as ‘knowable’ (i.e., as risk). It corrects the mistaken approaches that treat ‘unknowables’ as ‘shapeable’ or ‘discoverable’. This book widens the perspective for viewing uncertainty, in terms of its impacts across humanity, by offering a shrewder understanding of what roles uncertainties play in human activity. It will appeal to academics across business, economics, philosophy, and other disciplines looking for approaches to apply, test, and hone for dealing with decision-making under uncertainty.
Business Strategy
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Author : J.-C. Spender
language : en
Publisher:
Release Date : 2014
Business Strategy written by J.-C. Spender and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
Emphasising that firms face uncertainties and unknowns, this book argues that the core of strategic thinking and processes rests on the organization and its leaders developing newly imagined solutions to the opportunities that these uncertainties open up. It presents new approaches for managers, consultants, strategy teachers and students.
Mastering Uncertainty
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Author : Matt Watkinson
language : en
Publisher: BenBella Books
Release Date : 2023-03-28
Mastering Uncertainty written by Matt Watkinson and has been published by BenBella Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-28 with Business & Economics categories.
What separates the world’s most successful founders, entrepreneurs, and business leaders from the rest? It’s not visionary ideas or superhuman intelligence. It’s something more fundamental: their relationship with uncertainty. Most people are blown off course by unexpected events. Top performers, by contrast, know how to navigate our unpredictable world. Not just that: they know how to thrive in it. You can acquire this essential skill, too. In Mastering Uncertainty, investor and serial entrepreneur Csaba Konkoly and award-winning business author Matt Watkinson reveal the shortcomings of conventional business thinking and the advantages of developing a “probabilistic” mindset that turns uncertainty from a source of fear into an incredible and exciting advantage. They offer superbly practical advice on everything from how to handle setbacks and expand your network, to how to spot business opportunities and shape them into successful, growing businesses. Above all, they show how to think and operate like a great entrepreneur.
Uncertainty And Behaviour
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Author : Melanie E. Kreye
language : en
Publisher: Routledge
Release Date : 2016-04-14
Uncertainty And Behaviour written by Melanie E. Kreye and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-14 with Business & Economics categories.
Uncertainty affects us in our everyday lives, and in a wide range of situations but how do individuals and indeed organisations respond to uncertainty and how does it impact their decision-making and actions? Based on the latest developments in academic research, the author offers solid advice on how to manage uncertainty in every-day life, bringing a new perspective to these issues and extrapolating this to offer implications for an organisational and managerial context. The author brings this emerging area of research to a wider audience by: Tying together insights from various fields including psychology, engineering, business and management. Creating a framework for usefully applying the research concepts in every-day life. Extrapolating insights from the psychology of individual decision makers to the organisational context and managerial decision-making. Creating highly applicable and impactful recommendations for how managers, organisations, and every day people can understand and manage uncertainty in their life. The book is divided into two main parts. Part I deals with the behaviour of individuals facing uncertainty and includes accessible explanations and examples of every-day applications, while Part II deals with behaviour in organisations facing uncertainty, where insights from Part I are combined and related to the organisational and work context to explore how, for example, (mis)-perceptions and decision-making biases impact managerial life. This is a must read for both managers and those who are seeking to better understand their own behaviour and management approach.
New Maritime Business
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Author : Byoung-Wook Ko
language : en
Publisher: Springer Nature
Release Date : 2021-11-18
New Maritime Business written by Byoung-Wook Ko and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-18 with Law categories.
This book provides a response to the unexpected challenges imposed on every aspect of today’s maritime business. All chapters of this book are concerned with the single challenge facing the maritime business world – that is, uncertainty. Each chapter deals with a specific area of the maritime business community in an effort to better understand the complicated markets, to seek for a solution of economic or financial sustainability under the pressure of climate changes, to discuss technology as an option for the future, and finally to show how to utilise the big data set for better informed decision- and policymaking that used to be unfeasible in terms of scale and capacity. It is hoped that all those endeavours are considered as the first small step towards practically transforming the industry in line with Schumpeter (1943) as well as academically changing a paradigm of thinking and scientific discovery in line with Kuhn (2012), so that the maritime industry is better informed and prepared, and can greatly contributing to human lives.
Expectations Uncertainty And Business Behavior
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Author : Social Science Research Council (U.S.). Committee on Business Enterprise Research
language : en
Publisher:
Release Date : 1958
Expectations Uncertainty And Business Behavior written by Social Science Research Council (U.S.). Committee on Business Enterprise Research and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1958 with Business forecasting categories.