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Full-Text Articles in Business
Strategic Management Of Three Critical Levels Of Risk, Christine G. Springer
Strategic Management Of Three Critical Levels Of Risk, Christine G. Springer
Public Policy and Leadership Faculty Publications
The financial crisis that erupted in 2007 revealed a major gap in the management systems of government and business. For the most part, governments focused on revenue growth, productivity, cost control and quality. There were many interrelated factors involved with the failures but two in particular stand out in my mind: a failure to explicitly account for risk when formulating organizational strategies and a failure to monitor and manage the risks that they had identified and assumed. Organizations face many different types of risk but often they can be categorized into three types based upon their predictability, controllability and management. …
Strategic Management In A Networked World, Christine G. Springer
Strategic Management In A Networked World, Christine G. Springer
Public Policy and Leadership Faculty Publications
The article provides guidelines to an effective approach of managing employees in the U.S. These include the ability to both detect a problem and to effectively respond to it. It is also considered important when strategies are adopted, where a collaborative action among network partners can be promoted. The author also stresses the importance of valuing and nurturing organizational learning and development.
Managing In A Time Of Crisis, Christine G. Springer
Managing In A Time Of Crisis, Christine G. Springer
Public Policy and Leadership Faculty Publications
Some managers shine during a major crisis, while others don’t. As a strategic manager, one must follow a comprehensive protocol that includes the implementation of teams, systems and tools to respond to a crisis. It also requires having an action plan in place to react quickly, manage rumors and respond to victims and stakeholders sincerely while recovering from the crises’ impact. It starts with being willing to ask and answer important questions like: What is the worst that could happen? It then requires addressing how to plan for and avert crises by securing the workplace and the proper management of …