Download or read book Managing the Unknowable written by Ralph D. Stacey and published by John Wiley & Sons. This book was released on 1992-11-11 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: It's What You Don't Know That Counts Discover the important roles chance and uncertainty play insuccessful strategic planning. In this ingenious work, author RalphD. Stacey shows managers how their companies can benefit from theunexpected developments that impact their business and how they canprepare to creatively leverage the opportunities such developmentspresent. He explains how an appreciation of conflict and teamdialogue can help managers discover and build on the innate energyof their organizations. And he illustrates his theories withreal-world examples from Sony, Kodak, Federal Express and othernoted market innovators.
Download or read book The Known the Unknown and the Unknowable in Financial Risk Management written by Francis X. Diebold and published by Princeton University Press. This book was released on 2010-05-09 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--Value at Risk, or VaR--reduces these risks to a single number, creating a false sense of security among risk managers, executives, and regulators. This book introduces a more realistic and holistic framework called KuU --the K nown, the u nknown, and the U nknowable--that enables one to conceptualize the different kinds of financial risks and design effective strategies for managing them. Bringing together contributions by leaders in finance and economics, this book pushes toward robustifying policies, portfolios, contracts, and organizations to a wide variety of KuU risks. Along the way, the strengths and limitations of "quantitative" risk management are revealed. In addition to the editors, the contributors are Ashok Bardhan, Dan Borge, Charles N. Bralver, Riccardo Colacito, Robert H. Edelstein, Robert F. Engle, Charles A. E. Goodhart, Clive W. J. Granger, Paul R. Kleindorfer, Donald L. Kohn, Howard Kunreuther, Andrew Kuritzkes, Robert H. Litzenberger, Benoit B. Mandelbrot, David M. Modest, Alex Muermann, Mark V. Pauly, Til Schuermann, Kenneth E. Scott, Nassim Nicholas Taleb, and Richard J. Zeckhauser. Introduces a new risk-management paradigm Features contributions by leaders in finance and economics Demonstrates how "killer risks" are often more economic than statistical, and crucially linked to incentives Shows how to invest and design policies amid financial uncertainty
Download or read book MANAGING THE UNKNOWABLE written by R. STACEY and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Managing the Unknowable written by Ralph D. Stacey and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rethinking the Fifth Discipline written by Robert Louis Flood and published by Routledge. This book was released on 2002-01-04 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Fifth Discipline' is one of the very few approaches to management that has attained position on the International Hall of Fame. Professor Flood's book explains and critiques the ideas in straight forward terms. This book makes significant and fundamental improvements to the core discipline - systemic thinking. It establishes crucial developments in systemic thinking in the context of the learning organisation, including creativity and organisational transformation. It is therefore a very important text for strategic planners, organisational change agents and consultants. The main features of the book include: * a review and critique of 'Fifth Discipline' and systemic thinking * an introduction to the gurus of systemic thinking - Senge, Bertalanffy, Beer, Ackoff, Checkland, and Churchman *a redefinition of management through systemic thinking *a guide to choosing, implementing and evaluating improvement strategies *Practical illustrations. Robert Flood is a renowned and authoritative expert in the field of management. He has implemented systemic management in a wide range of organisations in many continents and lectured by invitation in 25 countries, including Japan and the USA. Professor Flood has featured on many radio and TV programs. His book Beyond TQM was nominated for the 'IMC Management Book of the Year 1993'.
Download or read book Managing Project Uncertainty written by David Cleden and published by Routledge. This book was released on 2017-03-02 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dealing effectively with uncertainty requires today's project manager to be familiar with a broad spectrum of strategies, encompassing both 'hard' and 'soft' methods. This theme of unified thinking (i.e. the need to selectively draw upon a wide range of strategies in any given situation) will differentiate the book from its contemporaries. By picking up where traditional risk management techniques begin to fail, it brings together leading-edge thinking from a variety of disciplines and shows how these techniques can be used to conquer uncertainty in projects. The ability to make good decisions when faced with uncertainty is the real challenge. It is a universal truth that a decision is only as good as the information it is based on. But good information is often hard to come by, and all projects are vulnerable to the unknown and the unknowable. Thus, uncertainty becomes the sworn enemy of the project manager. Wherever we try to analyse, quantify, plan and act, uncertainty lies in wait to surprise us with its ambiguity and unpredictability. It lurks in every stage of the project lifecycle: in the planning (how long will this really take?), the initiation (this isn't the situation I expected!), the execution (who could have foreseen that happening?), and even the completion of a project (where are the expected benefits?). But managing uncertainty is a lot more than just applying risk management techniques. It requires a deep appreciation of how uncertainty arises and, by recognising its different guises, the appropriate strategies can be formulated. If we can learn how to reduce uncertainty, we can make better management decisions and increase the chances of the project succeeding. This book addresses five key questions: ¢ Why is there uncertainty in projects? ¢ How do you spot the symptoms of uncertainty, preferably at an early stage? ¢ What can be done to avoid uncertainty? ¢ What strategies can be used to deal with project uncertainty? ¢ How can both the individual and the organisation learn to cope more effectively in the future? The reader is assumed to be a either a project management professional, or a senior manager looking for ways to improve project management strategy within their organisation. As such, a foundation in project management basics is assumed, although not essential. The book then builds on this by exposing new ideas and concepts, and shows how these can be harnessed to tackle uncertainty in its many guises.
Download or read book Reflections on the Unknowable written by Thomas Keating and published by Lantern Books. This book was released on 2014-04-09 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: A distillation of over seventy years as a monastic and more than three decades of writing on centering prayer, Reflections on the Unknowable is Fr. Thomas Keating’s latest volume on how we might develop our intimacy with God and our experience of the Christian contemplative tradition. The first part of the book consists of a long interview with Fr. Thomas, in which he examines concepts of the divine‐including the astonishments, playfulness, and transformation available to the individual willing to open the door to God. The second section consists of thirty-one brief homilies, which range over topics as diverse as the Trinity and the message of Epiphany, spiritual evolution and cultivating interior silence, and the treasure of spiritual poverty and the beauty of chaos.
Download or read book Management Development Through Cultural Diversity written by Ronnie Lessem and published by Routledge. This book was released on 2005-08-03 with total page 435 pages. Available in PDF, EPUB and Kindle. Book excerpt: This stimulating, clearly written and well-structured text is a comprehensive introduction to the principles of management and organizational behavior, as well as a corrective to the Eurocentric bias of most management texts. This book focuses on four domains of management--primal, rational, developmental and metaphysical. It develops a transcultural perspective drawing on insights from across the world to examine different management styles, cultures and stages of business development. Each section examines core management theory and literature, cultural orientation and related prominent theo.
Download or read book Radical Uncertainty written by Mervyn King and published by Bridge Street Press. This book was released on 2021-09-02 with total page 560 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Kaleidoscope of Choices written by North American Serials Interest Group. Conference and published by Psychology Press. This book was released on 1995 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Find a diverse array of valuable ideas for managing the challenges of new technology and the rapidly changing information environment. A Kaleidoscope of Choices helps librarians develop skills and strategies to cope effectively with the myriad changes affecting their profession due to the rapid evolution of technology. In this book, informative chapters address the impact of technology on libraries, scholarly communication, vendors, and the publishing industry. Knowledgeable authors reveal their practical experience with organizing to manage change, managing the virtual library, roles of vendors and publishers in providing access to electronic information, and innovations for the bibliographic control of electronic publications. Chapters examine many topics on the technical environment, including: the Internet and client-server computing World Wide Web and the Mosaic Interface a beginner's guide to Listserv and ListProcs technology's influence on information management steps toward becoming a virtual library reshaping the serials vendor industry new roles for librarians expert systems and cataloging Serials specialists and other librarians who desire to make the most of the new technologies will find A Kaleidoscope of Choices a helpful and informative guide for their daily contact with technology.
Download or read book Old Man Dreaming written by John L. Williams and published by Wipf and Stock Publishers. This book was released on 2017-07-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most fruitful and most profound understandings of vision and visioning processes are not in organizational theories or management techniques. They are instead in the Bible and Christian theology, claims the author of this book. To explain his case, the author analyzes and challenges the views of management experts and consultants regarding vision and visioning processes in secular and church organizations. He interprets key biblical stories and texts about vision, and explores a theology of vision and place of vision in theology and the church. On the basis of his experience and studies, the author shares his vision of his own Presbyterian Church’s present realities and its pathways to the future.
Download or read book Radical Uncertainty Decision Making Beyond the Numbers written by John Kay and published by W. W. Norton & Company. This book was released on 2020-03-17 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: Much economic advice is bogus quantification, warn two leading experts in this essential book, now with a preface on COVID-19. Invented numbers offer a false sense of security; we need instead robust narratives that give us the confidence to manage uncertainty. “An elegant and careful guide to thinking about personal and social economics, especially in a time of uncertainty. The timing is impeccable." — Christine Kenneally, New York Times Book Review Some uncertainties are resolvable. The insurance industry’s actuarial tables and the gambler’s roulette wheel both yield to the tools of probability theory. Most situations in life, however, involve a deeper kind of uncertainty, a radical uncertainty for which historical data provide no useful guidance to future outcomes. Radical uncertainty concerns events whose determinants are insufficiently understood for probabilities to be known or forecasting possible. Before President Barack Obama made the fateful decision to send in the Navy Seals, his advisers offered him wildly divergent estimates of the odds that Osama bin Laden would be in the Abbottabad compound. In 2000, no one—not least Steve Jobs—knew what a smartphone was; how could anyone have predicted how many would be sold in 2020? And financial advisers who confidently provide the information required in the standard retirement planning package—what will interest rates, the cost of living, and your state of health be in 2050?—demonstrate only that their advice is worthless. The limits of certainty demonstrate the power of human judgment over artificial intelligence. In most critical decisions there can be no forecasts or probability distributions on which we might sensibly rely. Instead of inventing numbers to fill the gaps in our knowledge, we should adopt business, political, and personal strategies that will be robust to alternative futures and resilient to unpredictable events. Within the security of such a robust and resilient reference narrative, uncertainty can be embraced, because it is the source of creativity, excitement, and profit.
Download or read book Management A Very Short Introduction written by John Hendry and published by Oxford University Press. This book was released on 2013-10-24 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this Very Short Introduction, John Hendry provides a lively introduction to the nature and principles of management. Tracing its development over the past century, Hendry looks not only at the jobs managers do today and their place in the culture of work, but also provides an insight into modern management theory.
Download or read book Teaching Shakespeare and Marlowe written by Liam E. Semler and published by A&C Black. This book was released on 2013-12-19 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Schools and universities are fast becoming managerial 'courts' of learning in which educators and students are system creatures busily fulfilling system protocols. Any teacher or academic yearning for fresh and authentic approaches to their discipline must first find ways to imagine possibilities beyond the system's limits. This book sounds the depths of the problem in respect to Literary Studies and proposes strategies for effecting voluntary 'exile' from court in pursuit of more imaginative approaches to the teaching and learning of Shakespeare and Marlowe.
Download or read book Strategic Risk Leadership written by Torben Juul Andersen and published by Routledge. This book was released on 2020-02-24 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern risk management as practiced today faces significant obstacles—we argue—primarily due to the fundamental premise of the concept itself. It asserts that we are mainly dealing with measurable, quantifiable risks and that we can manage the uncontrollable by relying on formal control-based systems, which has produced a general view that (enterprise) risk management is a technical-scientific discipline. Strategic Risk Leadership offers a critique of the status quo, and encourages leaders, executives, and chief risk officers to find fresh approaches that can help them deal more proactively with what the future may hold. The book provides an overview of the history of risk management and current risk governance approaches as prescribed by leading risk management standards, such as COSO and ISO31000. This enables practitioners to challenge the frameworks and improve their adoption in practice introducing sustainable resilience as a (more) meaningful response to uncertain and unknowable conditions. The book shows how traditional thinking downplays the significance of human behavior and judgmental biases as key elements of major organizational exposures illustrated and explained through numerous case examples and studies. This book is essential reading for strategic risk managers to understand the requirements for effective risk governance practices in the contemporary and rapidly changing global risk landscape. Indeed, it is a valuable resource for all risk executives, leaders, and chief risk officers, as well as advanced students of risk management.
Download or read book Complexity and Management written by Ralph D. Stacey and published by Routledge. This book was released on 2002-01-04 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Complexity theory is generating increasing interest amongst strategic thinkers. This fascinating book covers issues such as predictability, creativity and relationships as it considers how complexity, and its central principles of emergence and self-organization, are being used to understand organizations. The book: introduces the variety of views put forward by different writers on complexity and management outlines and critiques the way that complexity theory is frequently interpreted purely in the context of systems thinking draws a new perspective on using complexity sciences to understand organizational stability and change by focusing on the emergence of novelty and creativity in the course of everyday processes calls for a radical re-examination of management thinking. Timely and controversial, Complexity and Management is essential reading for anyone interested in strategy, systems thinking, organization and management theory, and organizational change.
Download or read book Effectuation written by Sarasvathy, Saras D. and published by Edward Elgar Publishing. This book was released on 2022-01-28 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: To effectuate is to engage in a specific type of entrepreneurial action. It has special importance for situations where the future is truly unknowable or human agency is of primary importance. In this new and updated edition of the bestselling Effectuation, Saras Sarasvathy explores the theory and techniques of non-predictive control for creating new firms, markets and economic opportunities.