A Short Guide To Political Risk

Download or read book A Short Guide to Political Risk written by Robert McKellar and published by Routledge. This book was released on 2017-05-15 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a competitive and increasingly internationalised business world, many companies rely on the high risk/reward ratio of operating in unstable areas. Those companies willing to engage in emerging or developing countries can often be exposed to a politically volatile environment over which they have little control. Political risk, therefore, is one of the most hazardous challenges that an international business can face. In A Short Guide to Political Risk you will find a business-centric introduction to political risk that will familiarise international managers with the concept and accelerate the learning curve towards proficient and coherent political risk management. Robert McKellar explores: the key political risks that companies have faced in the recent past, and current trends in the evolution of the political risk landscape; the concept of political risk and its constituent elements; models and approaches for assessing political risk; the principal options for managing political risk, and suggestions for organisational structures to ensure a coherent and consistent approach; as well as wider issues that a company needs to consider in developing its own attitude and philosophy on political risk. A Short Guide to Political Risk is an essential introductory guide for risk managers and for all senior managers concerned with their organisation's global performance and reputation.

Download or read book Political Risk written by Condoleezza Rice and published by Twelve. This book was released on 2018-05-01 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: From New York Times bestselling author and former U.S. secretary of state Condoleezza Rice and Stanford University professor Amy B. Zegart comes an examination of the rapidly evolving state of political risk, and how to navigate it. The world is changing fast. Political risk-the probability that a political action could significantly impact a company's business-is affecting more businesses in more ways than ever before. A generation ago, political risk mostly involved a handful of industries dealing with governments in a few frontier markets. Today, political risk stems from a widening array of actors, including Twitter users, local officials, activists, terrorists, hackers, and more. The very institutions and laws that were supposed to reduce business uncertainty and risk are often having the opposite effect. In today's globalized world, there are no "safe" bets. POLITICAL RISK investigates and analyzes this evolving landscape, what businesses can do to navigate it, and what all of us can learn about how to better understand and grapple with these rapidly changing global political dynamics. Drawing on lessons from the successes and failures of companies across multiple industries as well as examples from aircraft carrier operations, NASA missions, and other unusual places, POLITICAL RISK offers a first-of-its-kind framework that can be deployed in any organization, from startups to Fortune 500 companies. Organizations that take a serious, systematic approach to political risk management are likely to be surprised less often and recover better. Companies that don't get these basics right are more likely to get blindsided.

Download or read book The Miniature Guide to Political Risk Analysis for International Business written by Steven Johnston and published by Steven Johnston. This book was released on 2020-12-20 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Political risk is one of the most frequently discussed risks to doing business internationally. But what exactly is political risk and what are the best ways to analyze and prepare for political risks that may jeopardize your business? Based on more than two decades of evaluating political risk to companies doing business all over the world, Steven Johnston explains the fundamentals of effective political risk analysis. What are the foundational principles and approaches for modeling and how can professionals improve accuracy of forecasting political risk? What really works? Why is high quality political risk analysis important to every business operating internationally? It’s not IF your business will be impacted by political events and actions. It is WHEN and HOW? However, effective political risk analysis isn’t limited to the domain of business resiliency and protecting downside risk. It is also a significant competitive advantage when a business can more accurately see just a little farther into the future than competitors and be ready to make earlier moves to avoid problems or take advantage of opportunities. The book spotlights top shelf thinkers about political risk and provides state-of-the-art ways to operationalize their valuable contributions into the business process. In addition to commenting on the current state of the field of political risk analysis, Johnston makes recommendations for improving the domain of political risk analysis. This book should be essential reading for any business professionals investing across borders and especially doing business in emerging economies.

Download or read book Risk Rules written by Marvin Zonis and published by Agate Publishing. This book was released on 2011-05-03 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization Hype Has Obscured a Few Basic Truths-that political stability and economic growth are usually determined on the local level, and that they're most affected by local institutions, local leadership, and other such factors. Risk Rules shows that globalization (and events like the recent overthrow of long-time leaders in Egypt and Tunis; the global recession triggered by the U.S. credit crisis in 2008; and the wars in Iraq and Afghanistan) makes understanding the political economies of different countries more important than ever. This book analyzes the fifteen main principles of how countries work, providing a powerful, intuitive framework for understanding international developments. Doing globalization right means understanding local economic, cultural, and political realties. This truth holds for companies, policymakers, small investors, voters, and everyone whose lives and finances are affected by distant world events. Book jacket.

Download or read book HBR's 10 Must Reads on Managing Risk (with bonus article "Managing 21st-Century Political Risk" by Condoleezza Rice and Amy Zegart) written by Harvard Business Review and published by Harvard Business Press. This book was released on 2020-05-26 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Portfolio Risk Analysis written by Gregory Connor and published by Princeton University Press. This book was released on 2010-03-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Portfolio risk forecasting has been and continues to be an active research field for both academics and practitioners. Almost all institutional investment management firms use quantitative models for their portfolio forecasting, and researchers have explored models' econometric foundations, relative performance, and implications for capital market behavior and asset pricing equilibrium. Portfolio Risk Analysis provides an insightful and thorough overview of financial risk modeling, with an emphasis on practical applications, empirical reality, and historical perspective. Beginning with mean-variance analysis and the capital asset pricing model, the authors give a comprehensive and detailed account of factor models, which are the key to successful risk analysis in every economic climate. Topics range from the relative merits of fundamental, statistical, and macroeconomic models, to GARCH and other time series models, to the properties of the VIX volatility index. The book covers both mainstream and alternative asset classes, and includes in-depth treatments of model integration and evaluation. Credit and liquidity risk and the uncertainty of extreme events are examined in an intuitive and rigorous way. An extensive literature review accompanies each topic. The authors complement basic modeling techniques with references to applications, empirical studies, and advanced mathematical texts. This book is essential for financial practitioners, researchers, scholars, and students who want to understand the nature of financial markets or work toward improving them.

Download or read book Risk written by General Stanley McChrystal and published by Penguin. This book was released on 2021-10-05 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the bestselling author of Team of Teams and My Share of the Task, an entirely new way to understand risk and master the unknown. Retired four-star general Stan McChrystal has lived a life associated with the deadly risks of combat. From his first day at West Point, to his years in Afghanistan, to his efforts helping business leaders navigate a global pandemic, McChrystal has seen how individuals and organizations fail to mitigate risk. Why? Because they focus on the probability of something happening instead of the interface by which it can be managed. In this new book, General McChrystal offers a battle-tested system for detecting and responding to risk. Instead of defining risk as a force to predict, McChrystal and coauthor Anna Butrico show that there are in fact ten dimensions of control we can adjust at any given time. By closely monitoring these controls, we can maintain a healthy Risk Immune System that allows us to effectively anticipate, identify, analyze, and act upon the ever-present possibility that things will not go as planned. Drawing on examples ranging from military history to the business world, and offering practical exercises to improve preparedness, McChrystal illustrates how these ten factors are always in effect, and how by considering them, individuals and organizations can exert mastery over every conceivable sort of risk that they might face. We may not be able to see the future, but with McChrystal’s hard-won guidance, we can improve our resistance and build a strong defense against what we know—and what we don't.