Political risk : how businesses and organizations can anticipate global insecurity

Political risk — the chance that political action could impact a company's business — is changing fast. Here are the essential lessons, corrective measures, and counterintuitive insights for executives, entrepreneurs and investors to navigate an uncertain, volatile world. From New York Times bestselling author Condoleezza Rice and Stanford University professor Amy Zegart comes the definitive book to show businesses how to thrive in rapidly changing and unpredictable global markets. Companies that want a competitive edge need to manage the political risks generated by a widening array of political actors, from heads of state to local officials, from Twitter to terrorists, from activists to hackers . . . even shareholders. Based on Secretary Rice and Professor Zegart's most popular class at Stanford University, POLITICAL RISK is an invaluable study of risk management designed and scaled for multinational corporations or the next great... 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. Runtime: 8 hours, 34 minutes. "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."-- Résumé de l'éditeur From New York Times bestselling author and former U.S. secretary of state Condoleezza Rice and Stanford University professor Amy Zegart comes an examination of the rapidly evolving state of political risk, and how to navigate it. Political risk—the probability that a political action could significantly affect a company's business—is changing fast, and it's affecting more businesses in more ways than ever before. A generation ago, political risk mostly involved a handful of industries in a few frontier markets. The chief concern used to be whether a foreign dictator would nationalize the country's oil industry or impose onerous new regulations. Today, political risk stems from a widening array of actors, including Twitter users, local officials, and transnational activists, terrorists, hackers, and insurgents. What's more, the very institutions and laws that are supposed to reduce business uncertainty and risk are often increasing uncertainty and risk instead—from outdated American laws designed to protect information networks to the unclear reach of European Union regulations into sovereign member states. In today's globalized world, there are no "safe" bets. Political Risk investigates and analyzes the changing landscape, what businesses can do to navigate it, and what all of us can learn about how to better understand and deal with these rapidly changing global political dynamics. Examines The Topic Of Political Risk, Discussing The Essential Lessons, Corrective Measures, And Counterintuitive Insights For Executives, Entrepreneurs, And Investors To Navigate An Uncertain, Volatile World. The Probability That A Political Action Could Significantly Impact A Company's Business Is Affecting More Businesses In More Ways Than Ever Before. Political Risk Stems From A Widening Array Of Actors, Including Twitter Users, Local Officials, Activists, Terrorists, Hackers, And More. Rice And Zegart Analyze The Evolving Landscape Of Political Risk, Explain What Businesses Can Do To Navigate It, And What All Of Us Must Learn To Better Understand And Grapple With These Rapidly Changing Global Political Dynamics. -- Adapted From Jacket. The Blackfish Effect: 21st Century Political Risk -- Move Over, Hugo Chávez -- How We Got Here: Mega Trends In Business, Technology, And Politics Since The Cold War -- Mind Games And Groupthink: Why Good Political Risk Management Is So Hard -- Moving Beyond Intuition: Our Political Risk Framework -- The Art Of Boat Spotting: Understanding Political Risks -- Analyzing Risks Like A Physicist -- The Nuclear Triad, The Empty Plane, And Other Ways To Mitigate Risks -- Zulu Time: Responding To Crises -- Strengthening Your Political Risk Muscles. Condoleezza Rice, Amy Zegart. Includes Bibliographical References (pages 267-307) And Index. The blackfish effect : 21st century political risk -- Move over, Hugo Chavez -- How we got here : mega trends in business, technology, and politics since the Cold War -- Mind games and groupthink : why good political risk management is so hard -- Moving beyond intuition : our political risk framework -- The art of boat spotting : understanding political risks -- Analyzing risks like a physicist -- The nuclear triad, the empty plane, and other ways to mitigate risks -- Zulu time : responding to crises -- Strengthening your political risk muscles