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HBR's 10 Must Reads on Managing Risk (with bonus article "Managing 21st-Century Political Risk" by Condoleezza Rice and Amy Zegart)

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Is your business playing it safe—or taking the right risks?

If you read nothing else on managing risk, read these 10 articles. We've combed through hundreds of Harvard Business Review articles and selected the most important ones to help your company make smart decisions and thrive, even when the future is unclear.

This book will inspire you to:

  • Avoid the most common errors in risk management
  • Understand the three distinct categories of risk and tailor your risk-management processes accordingly
  • Embrace uncertainty as a key element of breakthrough innovation
  • Adopt best practices for mitigating political threats
  • Upgrade your organization's forecasting capabilities to gain a competitive edge
  • Detect and neutralize cyberattacks originating inside your company

This collection of articles includes "Managing Risks: A New Framework," by Robert S. Kaplan and Anette Mikes; "How to Build Risk into Your Business Model," by Karan Girotra and Serguei Netessine; "The Six Mistakes Executives Make in Risk Management," by Nassim N. Taleb, Daniel G. Goldstein, and Mark W. Spitznagel; "From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions," by David Simchi-Levi, William Schmidt, and Yehua Wei; "Is It Real? Can We Win? Is It Worth Doing?: Managing Risk and Reward in an Innovation Portfolio," by George S. Day; “Superforecasting: How to Upgrade Your Company's Judgment," by Paul J. H. Schoemaker and Philip E. Tetlock; "Managing 21st-Century Political Risk," by Condoleezza Rice and Amy Zegart; "How to Scandal-Proof Your Company," by Paul Healy and George Serafeim; "Beating the Odds When You Launch a New Venture," by Clark Gilbert and Matthew Eyring; "The Danger from Within," by David M. Upton and Sadie Creese; and "Future-Proof Your Climate Strategy," by Joseph E. Aldy and Gianfranco Gianfrate.

ISBN-13: 9781633698864

Media Type: Paperback

Publisher: Harvard Business Review Press

Publication Date: 05-26-2020

Pages: 208

Product Dimensions: 5.50(w) x 8.25(h) x (d)

Series: HBR's 10 Must Reads

Harvard Business Review is the leading destination for smart management thinking. Through its flagship magazine, 12 international licensed editions, books from Harvard Business Review Press, and digital content and tools published on HBR.org, Harvard Business Review provides professionals around the world with rigorous insights and best practices to lead themselves and their organizations more effectively and to make a positive impact.You can find Harvard Business Review at: hbr.org Twitter: @HarvardBiz LinkedIn: linkedin.com/company/harvard-business-review Facebook: facebook.com/harvardbusinessreview Instagram: @harvard_business_review YouTube: youtube.com/user/harvardbusinessreview

Table of Contents

Managing Risks: A New Framework Robert S. Kaplan Anette Mikes 1

How to Build Risk into Your Business Model Karan Girotra Serguei Netessine 21

The Six Mistakes Executives Make in Risk Management Nassim N. Taleb Daniel G. Goldstein Mark W. Spitznagel 31

From Superstorms to Factory Fires: Managing Unpredictable Supply-Chain Disruptions David Simchi-Levi William Schmidt Yehua Wei 39

Is It Real? Can We Win? Is It Worth Doing? Managing Risk and Reward in an Innovation Portfolio George S. Day 51

Superforecasting: How to Upgrade Your Company's Judgment Paul J. H. Schoemaker Philip E. Tetlock 75

Managing 21st-century Political Risk Condoleezza Rice Amy Zegart 89

How to Scandal-Proof Your Company Paul Healy George Serafeim 107

Beating the Odds When You Launch a New Venture Clark G. Gilbert Matthew J. Eyring 129

The Danger from Within David M. Upton Sadie Creese 141

Future-Proof Your Climate Strategy Joseph E. Aldy Gianfranco Gianfrate 153

About the Contributors 169

Index 173