Timid Corporation - Why Business Is Terrified of Taking Risk

Zusatztext "...Hunt's book is recommended - and his rallying cry against risk aversion is attractively original..." (IT Week! 21 March 2003)"...a penetrating new book..." (Morningstar! 17 April 2003)"...Hunt does a good job of taking apart many of the assumptions that inform current business practice..." (Spiked-risk! 29 May 2003)"...remarkable...contains some thought-provoking moments..." (Supply Management! 3 July 2003)"...this book aims to provide reassurance..." (Gulf Business! August 2003)"...Hunt has made a provocative case that business today is quite timid..." (Wall Street Journal! 27 August 2003)"...Hunt is on to something: Most companies are shrinking back from bold moves..." (www.conference-board.org! September 2003) Informationen zum Autor Benjamin Hunt is an independent journalist and researcher. He has written for several national newspapers, including Wall Street Journal and Guardian, and numerous specialist journals. He was a contributor to both the Financial Times Mastering Risk series, where he presented his research into the rise of risk management, and the Financial Times Mastering Management series. He has conducted research for a range of clients in the professional services sector, in business, finance and technology fields. Klappentext "This book provides a much needed critical intervention in the governance and risk management mania that has characterised corporate regulation in the past ten years. Benjamin Hunt challenges us to reinterpret the mantras of brand management, customer focus, stakeholder dialogue, shareholder value and many more as products of an anxious society populated by defensive corporations, fearful of markets and led by empty political systems. The Timid Corporation is refreshingly provocative, and offers a timely reminder of the paradox of corporate regulation in the post-Enron world which can never restore trust. This book is essential reading for managers, politicians and academics concerned with the consequences of a culture of corporate risk aversion for genuine innovation."Michael Power, P.D. Leake Professor of Accounting, and Co-Director, ESRC Centre for Analysis of Risk and Regulation, London School of Economics Zusammenfassung This book looks at changing managerial styles in business and the predominance of risk aversion behavior over risk taking behavior. The author explores the various reasons (regulation and media scrutiny among them) that corporations are becoming more timid and analyzes the consequences this could have on the future of innovation and technological development in the business future. Inhaltsverzeichnis Acknowledgements.Introduction: The Rise of the Cautious Manager.PART ONE: THE RE-REGULATION OF THE CORPORATION.The New Dynamic of Regulation.Self-Regulation: Entrenching Caution.The Rise of Risk Management.Managing for Shareholder Value: The New Financial Risk Aversion.PART TWO: A TIMID APPROACH TO MARKETS.Industry in Defensive Mode.The New Obsession with the Customer.The Dumbing-Down of Innovation.Fear of Growth.PART THREE: EXPLAINING AND CHALLENGING RISK AVERSION.A Crisis of Self-Belief.Conclusion: Challenging the Culture of Risk Aversion.Bibliography.Index....

List of contents

Acknowledgements.Introduction: The Rise of the Cautious Manager.PART ONE: THE RE-REGULATION OF THE CORPORATION.The New Dynamic of Regulation.Self-Regulation: Entrenching Caution.The Rise of Risk Management.Managing for Shareholder Value: The New Financial Risk Aversion.PART TWO: A TIMID APPROACH TO MARKETS.Industry in Defensive Mode.The New Obsession with the Customer.The Dumbing-Down of Innovation.Fear of Growth.PART THREE: EXPLAINING AND CHALLENGING RISK AVERSION.A Crisis of Self-Belief.Conclusion: Challenging the Culture of Risk Aversion.Bibliography.Index.

Report

"...Hunt's book is recommended - and his rallying cry against risk aversion is attractively original..." (IT Week, 21 March 2003) "...a penetrating new book..." (Morningstar, 17 April 2003) "...Hunt does a good job of taking apart many of the assumptions that inform current business practice..." (Spiked-risk, 29 May 2003) "...remarkable...contains some thought-provoking moments..." (Supply Management, 3 July 2003) "...this book aims to provide reassurance..." (Gulf Business, August 2003) "...Hunt has made a provocative case that business today is quite timid..." (Wall Street Journal, 27 August 2003) "...Hunt is on to something: Most companies are shrinking back from bold moves..." (www.conference-board.org, September 2003)

Product details

• Authors: George Hazel, B Hunt, Ben Hunt, Benjamin Hunt
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 14.03.2003
• EAN: 9780470843680
• ISBN: 978-0-470-84368-0
• No. of pages: 256
• Subjects: Social sciences, law, business > Business > Business administration; Management, Wirtschaft, Business & management, Wirtschaft u. Management, Allg. Wirtschaft u. Management