Managing Uncertainty: Strategies for surviving and thriving in turbulent timesManaging uncertainty has become a new business imperative. Technological discontinuities, regulatory upheavals, geopolitical shocks, abrupt shifts in consumer tastes or behavior, and many other factors have emerged or intensified in recent years and together conspire to undermine even the most carefully constructed business strategies. Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times addresses these new challenges, assessing the sources of business turbulence, how to classify uncertainty, and the different ways in which uncertainty can be embraced to allow greater innovation and growth. Drawing on examples from around the world, the book presents the most recent ideas on what it means to manage uncertainty, from practitioners, academics, and consultants. Addresses the challenges of managing uncertainty in business Presents a step-by-step guide to managing business uncertainty Draws examples from major international companies, including Intel, Procter & Gamble, Siemens, Boeing, Quinetiq, Philips, China Telecom, Ford, Apple, Shell, Glaxo SmithKline and many more Written for business leaders and managers looking for new ways to ensure that their businesses continue to thrive in a world of increasing complexity, Managing Uncertainty presents new and innovative ideas about reducing risk by understanding difficult-to-predict shifts. |
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ability achieve analytics approach Ashridge Balfour Beatty Bank become behaviour Beinhocker Best Buy build capability challenges chief executive Cisco Cisco Systems cocreation companies company’s competitive complexity core cost create customers data mining decisionmaking Diageo disruptive economic effectively emerging employees enable ensure Eric Beinhocker example experience explore external financial crisis firms flexible focus focused forecast future GlaxoSmithKline goals growth Harvard Business ideas identify impact important industry innovation internal investment leaders leadership longterm look managing uncertainty survey manufacturer McKinsey move Neil Morrison Netflix opportunities organisation’s outsourcing PA Consulting Group partners partnerships pattern recognition performance portfolio potential predictive learning priorities problems Rawcliffe relationships resilience respond right decisions risk management scenario planning senior executives senior management senior vicepresident sense share Simmons & Simmons staff strategy structure suppliers Tata Tata Motors thinking uncertain environment