LEADER 05876nam 22006375 450 001 9910280956703321 005 20200702222512.0 010 $a3-662-56300-2 024 7 $a10.1007/978-3-662-56300-7 035 $a(CKB)4100000002892563 035 $a(MiAaPQ)EBC5439835 035 $a(DE-He213)978-3-662-56300-7 035 $a(PPN)225548119 035 $a(EXLCZ)994100000002892563 100 $a20180320d2017 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aLeading from Under the Sword of Damocles $eA Business Leader?s Practical Guide to Using Predictive Emulation to Manage Risk and Maintain Profitability /$fby Nabil Abu el Ata, Annie Drucbert 205 $a1st ed. 2017. 210 1$aBerlin, Heidelberg :$cSpringer Berlin Heidelberg :$cImprint: Springer Vieweg,$d2017. 215 $a1 online resource (232 pages) 311 $a3-662-56299-5 327 $aIntroduction -- The Looming Danger: Mismanaging Risk -- Dynamic Complexity: The Cancer of Business -- The Loose Cubic Dilemma -- Meeting Business Targets and Constraints -- the Basics of Universal Risk Managment -- the Challenge: Esacaping the Tunnel Vision, Identifying the Best Path and Evaluating the Reward -- Analytical vs. Numerical Solutions -- Using X-act OBC Platform for Risk Management -- Predictive and Prescriptive Risk Management -- The Predictive Estimation of Dynamic Complexity -- Identifying the Cure for Dynamic Complexity: Improve, Transfor or Disrupt? -- X-Act OBC Platform Metrics Guide the Disruption Decision -- The Prescriptive Analysis: The Three + One Rule -- Getting Started with Universal Risk Management -- X-Act OBC Platform Walk Through -- Using X-Act OBC Platform for Predictive Diagnosis and Prescriptive Treatment of Risk -- Case #1: Managing Corporate Risk, Global Payment Card Processing Company.- Case # 2: Managing Market Erosion Risk, Postal Services.- Case #3: Managing Operational Risk, Global Supply Chain.- Case #4: Managing Risk of Cost Escalation and Service Quality Degradation, National Healthcare Services.- Case #5: Managing Risk of Corporate Integration, Global Financial Institution.- Making a Commitment to Maturing Risk Management -- Index. 330 $aGlobalization trends and the rapid pace of technological innovations have introduced unprecedented change and uncertainty. For unprepared businesses, the drivers of the Fourth Industrial Revolution will become a constant source of surprise and crises will unfold at an ever-increasing rate. To thrive under these conditions, companies must adopt new risk management technologies and practices that enable business leaders to better anticipate and adjust to changing dynamics. This book helps readers understand how algorithm-based predictive and prescriptive analytics principles can be used to control risk in today?s dynamic business environment. It serves as a reference guide for business leaders and risk management practitioners of companies that are global in reach or operate dynamically complex systems. Using the technological and scientific innovations presented in this book, business leaders can gain a wider understanding of risk and prescriptively determine which actions are necessary to ensure the business is optimally positioned to meet its stated long-term goals and objectives. Case studies show how the presented methods can be practically applied to preemptively expose risks and support decisions to optimize, transform or disrupt current business models, strategies, organizational structure and information systems when necessary to maintain a market position or outperform competitors. These methods have been proven through hundreds of client cases. By using mathematical emulation to link business risks to strategic imperatives, it becomes possible to achieve a higher annual profit margin and better growth. As we enter the Fourth Industrial Revolution, companies that are able to expose risks caused by dynamic complexity and maintain the alignment between the goals of the business and operational execution will be better prepared to make the shifts necessary for long-term success and keep the business moving toward its goals.  . 606 $aComputers 606 $aInformation technology 606 $aBusiness?Data processing 606 $aRisk management 606 $aEconomic theory 606 $aLeadership 606 $aInformation Systems and Communication Service$3https://scigraph.springernature.com/ontologies/product-market-codes/I18008 606 $aIT in Business$3https://scigraph.springernature.com/ontologies/product-market-codes/522000 606 $aRisk Management$3https://scigraph.springernature.com/ontologies/product-market-codes/612040 606 $aEconomic Theory/Quantitative Economics/Mathematical Methods$3https://scigraph.springernature.com/ontologies/product-market-codes/W29000 606 $aBusiness Strategy/Leadership$3https://scigraph.springernature.com/ontologies/product-market-codes/515010 615 0$aComputers. 615 0$aInformation technology. 615 0$aBusiness?Data processing. 615 0$aRisk management. 615 0$aEconomic theory. 615 0$aLeadership. 615 14$aInformation Systems and Communication Service. 615 24$aIT in Business. 615 24$aRisk Management. 615 24$aEconomic Theory/Quantitative Economics/Mathematical Methods. 615 24$aBusiness Strategy/Leadership. 676 $a658.155 700 $aAbu el Ata$b Nabil$4aut$4http://id.loc.gov/vocabulary/relators/aut$0918915 702 $aDrucbert$b Annie$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910280956703321 996 $aLeading from Under the Sword of Damocles$92502048 997 $aUNINA