Failsafe Strategies: Profit and Grow from Risks that Others Avoid - Tapa dura

In the 1990s, in the name of "revolutionary business models," businesses tookon massive risks almost without concern. They were burnt -- badly. Today,many companies have become powerfully averse to taking the risks that areessential to long-term success. Now, there's a whole new way to think aboutrisk: one that liberates you to act, while protecting you against danger. Dr.Sayan Chatterjee shows how to identify high-risk high return opportunities, andthen systematically manage and reduce those risks up front, as you design yourinitiative... not after you operationalize it. Chatterjee draws his decade ofbreakthrough research on business research: work that's been recognized byinstitutions ranging from the Harvard Business School to the London Schoolof Economics. Using his techniques, you can safely pursue opportunities yourcompetitors will walk away from -- and sustain profit growth far into thefuture.

Author Bio Sayan Chatterjee, Ph.D. is Professor of Management Policy at the Weatherhead School of Management, Case Western Reserve University. He has been doing academic research on the sources of business risk since the early 1990s and is now translating his breakthrough ideas into actionable information for business leaders and financial experts. In May 2003, he spoke at an invitation-only practitioner conference on risk organized by the London School of Economics. His works are used in the curriculum of the Harvard Business School and have been cited in most leading textbooks on strategy. He also consults with leading middle-market firms and global corporations. (c) Copyright Pearson Education. All rights reserved.