Building Networks That Can Adapt to Risk
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- Synopsis
- It's a popular myth that business partners get the same results no matter how they allocate risk. But how should your business and personal networks affect the way you think about risk? Part of the solution is to recognize which learnable risks you are likely to understand and track better over time than others can. This chapter proposes a tool, the risk-role matrix, for identifying the ideal role you should play in your risk networks for each of your major risks. Differences in business and personal networks for absorbing certain risks can create lasting advantages and allow you to execute one of the rules of risk intelligence: Keep networks of partners to manage all risks. This chapter is excerpted from "Risk Intelligence: Learning to Manage What We Don't Know."
- Copyright:
- 2006
Book Details
- Book Quality:
- Publisher Quality
- Publisher:
- Harvard Business Publishing
- Date of Addition:
- 08/02/16
- Copyrighted By:
- HBS Press
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.