Download The Risk-Driven Business Model: Four Questions That Will Define Your Company AudioBook Free
How exactly to outsmart risk. Risk has been thought as the prospect of sacrificing something of value. Running a business, that value could be your original investment or your expected future results. The Risk-Driven Business Model can help you manage risk better by showing how the key alternatives you make in planning your business models either increase or reduce two quality types of risk - information risk, when you make decisions without enough information, and incentive-alignment risk, when decision designers' incentives are at probabilities with the broader goals of the business. Leaders who understand how the structure with their business model impacts risk have the power to create wealth, revolutionize business, and shape a better world. INSEAD's Karan Girotra and Serguei Netessine, noted operations and creativity professors who have consulted with dozens of companies, walk you via a business design audit to determine what key decisions get made in a company, when they get made, who makes them, and just why we make the decisions we do. By changing your company's key decisions within this construction, you can fundamentally modify the dangers that will impact your business. This publication is for entrepreneurs and executives in companies involved in dynamic industries where in fact the locus of risk is shifting, and includes lessons from Zipcar, Blockbuster, Apple, Benetton, Kickstarter, Walmart, and dozens of other global companies. The Risk-Driven Business Model demystifies business design risk, with clear directives aimed at improving decision making and driving a vehicle your business onward.
