The Two Headed Coin: Unifying Strategy and Risk in Pursuit of Performance (Wiley Finance) - Tapa dura

Acerca del autor

DR. JAMES L. DARROCH is currently CIT Chair in Financial Services, Schulich School of Business, York University and Associate Professor, Policy, Schulich School of Business, York University. James is a sought-after expert in strategy and financial services education. In 2017, James and his co-author Patricia Meredith won the distinguished Donner Prize (award for the best public policy book by a Canadian) for Stumbling Giants: Transforming Canada’s Banks for the Information Age.

DAVID WM. FINNIE is a senior corporate executive with over 20 years’ experience leading large and mid-sized multinationals and Fortune 100 companies in the building and optimization of their financial, capital, and risk management strategies and capabilities. In addition to risk management expertise, he also offers strengths as a strategic business leader helping to define and implement business growth strategies and drive new business development. David has published four short articles on risk management, governance, and strategy.

De la contraportada

In The Two Headed Coin: Unifying Strategy and Risk in Pursuit of Performance, distinguished risk and strategy professionals James L. Darroch and David Wm. Finnie deliver a wide-ranging and insightful analysis of the interplay and relationship between risk management and strategy in organizational success. The authors explore the tradeoffs and tensions between strategy and risk management, including how to determine which risks are fundamental to the strategic positioning of the firm and how non-fundamental risks can be managed to enhance performance.

Throughout the book, Darroch and Finnie focus on the importance of embedding risk management into every part of your organizational and strategic planning, creating an inclusive, integrated, and seamless process that captures the interdependencies that unite risk and strategy.

You'll discover a thorough discussion of what competitive advantage actually means and how it relates to risk, as well as a fresh perspective on consumer reputation and perception as an asset to be managed. You'll learn to use scenario planning and real options as a framework for managing uncertainty. Finally, you'll find out how to focus on culture and ethics in order to minimize the risk of large losses caused by adverse behaviors.

The Two Headed Coin offers readers a modernized view of the Chief Risk Officer and how they have an invaluable role to play as part of the strategic process. Also, the importance of the Chief Executive Officer and their role as the locus of the reconciliation of strategic risk decisions is explored.

Perfect for risk management professionals in financial institutions, The Two Headed Coin is also an ideal resource for any executive, business leader, or manager who seeks to improve their ability to integrate strategic and risk thinking to create competitive advantage.

De la solapa interior

In The Two Headed Coin: Unifying Strategy and Risk in Pursuit of Performance, distinguished risk and strategy professionals James L. Darroch and David Wm. Finnie deliver a wide-ranging and insightful analysis of the interplay and relationship between risk management and strategy in organizational success. The authors explore the tradeoffs and tensions between strategy and risk management, including how to determine which risks are fundamental to the strategic positioning of the firm and how non-fundamental risks can be managed to enhance performance.

Throughout the book, Darroch and Finnie focus on the importance of embedding risk management into every part of your organizational and strategic planning, creating an inclusive, integrated, and seamless process that captures the interdependencies that unite risk and strategy.

You'll discover a thorough discussion of what competitive advantage actually means and how it relates to risk, as well as a fresh perspective on consumer reputation and perception as an asset to be managed. You'll learn to use scenario planning and real options as a framework for managing uncertainty. Finally, you'll find out how to focus on culture and ethics in order to minimize the risk of large losses caused by adverse behaviors.

The Two Headed Coin offers readers a modernized view of the Chief Risk Officer and how they have an invaluable role to play as part of the strategic process. Also, the importance of the Chief Executive Officer and their role as the locus of the reconciliation of strategic risk decisions is explored.

Perfect for risk management professionals in financial institutions, The Two Headed Coin is also an ideal resource for any executive, business leader, or manager who seeks to improve their ability to integrate strategic and risk thinking to create competitive advantage.