At Your Own Risk : How the Risk-Conscious Culture Meets the Challenge of Business Change

At Your Own Risk: How the Risk Conscious Culture Meets the Challenge of Business Change Value chains. They define how your business is changing today due to globalization, tech nological advances, competition, outsourcing, and reliance on global interdependency. They also spell out how effectively your company identifies and manages risks such as product failures, environmental disasters, intellectual property theft, paralyzing snowstorms, pandemic fears, skills shortages, reckless lending policies, terrorism, identity and technological theft, industrial espionage, and new technology exploits that challenge your organization s resiliency. Whether in the boardroom or on the trading floor, rapid change without a value aligned and well defined process for managing risks and establishing a risk conscious culture is a recipe for disaster. How can your organization manage risk in this new environment? At Your Own Risk shows you how, with practical advice to ensure that you are prepared to overcome or prevent risks resulting from inevitable changes and global events. Based on over thirty years of experience as a practitioner, consultant, and advisor to CEOs and executive managers throughout the world and in many different industries, recognized industry leader Gary Lynch reveals in this essential guide a game plan to identify and manage a range of risks faced in this brave new globalized world of changing market dynamics and complex high tech value networks. With practical and proven advice on creating a risk conscious culture from the mailroom clerk to the board of directors this groundbreaking book explores: Identifying changes that have significantly impacted the risk profile Why every organization, regardless of size, is more vulnerable in today s business environment How your business must rethink its attitudes about potential losses in order to survive in the future? A complete set of internal and external resources and processes needed to create and sustain value for your organization How every level of change makes your organization potentially vulnerable The benefits of a value chain risk management (VCRM) approach How your organization can develop an action plan, prioritize activities, budget its cost, execute the plan to manage a range of risks effectively, and create a risk conscious culture Relevant, timely, and filled with real world action plans, At Your Own Risk provides case studies, interviews, and solutions from business, operational, and IT leaders worldwide that every organization and executive can put into action to ensure an organization protected from future disaster.