Mastering Strategic Risk : A Framework for Leading and Transforming Organizations

Mastering risk in todays demanding business environment is a strategic priority, and leaders today face unprecedented challenges. As part of the Wiley Finance Series, Mastering Strategic Risk: A Framework for Leading and Transforming Organizations introduces a new organizational model for companies looking to meet the complexities and demands of the 21 st century. Author, attorney, consultant, and Chief Risk Officer Joel E. McPhee introduces three essential elements that he says can be easily applied to organizations. It is possible, he says, to achieve optimum business performance even in the most challenging of circumstances. Mastering Strategic Risk answers key questions about how to redesign organizations in more modern ways to increase leaders ability to effectively manage the business and plan for the future. McPhee offers specific tools to help companies identify and mitigate the risks that can undermine their day-to-day operations and overall strategic objectives. He also introduces a revolutionary HR model that empowers employees across the organization, creates a more engaged workforce, and manages risk successfully over time. McPhee offers a fresh perspective on modern organizational challenges and arms leaders with the knowledge they need to effectively manage the most critical forces that dictate performance. His strategies include how to keep pace with customer behavior and trends, how to build a strong culture of discipline, and how to ensure strong corporate governance processes remain in place. With real world examples that convert ideas into action, plus a companion website that lets readers take their research to the next level, Mastering Strategic Risk is the only book CEOs, senior executives, risk professionals, and managers need to design high-performing organizational systems that move beyond outdated models and into the 21 st century.