Perspectives On Strategic Risk Management

Download or read book Perspectives on Strategic Risk Management written by Torben Juul Andersen and published by Copenhagen Business School Press DK. This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Operating across international markets is a highly turbulent affair that imposes real challenges on corporate risk management capabilities. The multinational corporation is exposed to many diverse risks and exogenous influences beyond managerial control but also attain new strategic opportunities. The exposures range from price volatilities, changing macroeconomic conditions, and operational disruptions to technological innovations, competitive moves, and socio-political events. Strategic risk management can reduce the adverse effects from these exposures but may also furnish gains from new opportunities. This book relates to the need for effective strategic risk management practices that facilitate the ability to monitor essential exposures and respond appropriately to changing environmental conditions. "