Managing Strategic Surprise: Lessons from Risk Management and Risk Assessment

Managing Strategic Surprise: Lessons from Risk Management and Risk Assessment

ISBN-10:
0521883156
ISBN-13:
9780521883153
Pub. Date:
08/07/2008
Publisher:
Cambridge University Press
ISBN-10:
0521883156
ISBN-13:
9780521883153
Pub. Date:
08/07/2008
Publisher:
Cambridge University Press
Managing Strategic Surprise: Lessons from Risk Management and Risk Assessment

Managing Strategic Surprise: Lessons from Risk Management and Risk Assessment

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Overview

The scope and applicability of risk management have expanded greatly over the past decade. Banks, corporations, and public agencies employ its new technologies both in their daily operations and long-term investments. It would be unimaginable today for a global bank to operate without such systems in place. Similarly, many areas of public management, from NASA to the Centers for Disease Control, have recast their programs using risk management strategies. It is particularly striking, therefore, that such thinking has failed to penetrate the field of national security policy. Venturing into uncharted waters, Managing Strategic Surprise brings together risk management experts and practitioners from different fields with internationally-recognized national security scholars to produce the first systematic inquiry into risk and its applications in national security. The contributors examine whether advance risk assessment and management techniques can be successfully applied to address contemporary national security challenges.

Product Details

ISBN-13: 9780521883153
Publisher: Cambridge University Press
Publication date: 08/07/2008
Pages: 336
Product dimensions: 5.80(w) x 9.00(h) x 1.00(d)

About the Author

Paul Bracken is Professor of Management and Political Science at Yale University. He is a member of the Council on Foreign Relations and works with private equity and hedge funds on using scenarios for investment strategies.

Ian Bremmer is President of Eurasia Group, the world's largest political risk consultancy. He is also Senior Fellow at the World Policy Institute and a columnist for the Financial Times. His research focuses on states in transition, global political risk, and US national security.

David Gordon is Director of Policy Planning at the US Department of State. He previously served as Vice Chairman of the National Intelligence Council (NIC) in the Office of the Director of National Intelligence (DNI) and is the former Director of the CIA's Office of Transnational Issues (OTI). He has directed major analytic projects on country-level economic and financial crises, emerging infectious disease risks, global demographic trends, and the changing geopolitics of energy.

Table of Contents

1. Introduction Paul Bracken, Ian Bremmer and David Gordon; 2. How to build a warning system Paul Bracken; 3. Intelligence management as risk management: the case of surprise attack Uzi Arad; 4. Nuclear proliferation epidemiology: uncertainty, surprise, and risk management Lewis A. Dunn; 5. Precaution against terrorism Jessica Stern and Jonathan B. Wiener; 6. Defense planning and risk management in the presence of deep uncertainty Paul K. Davis; 7. Managing energy security risks in a changing world Coby van der Linde; 8. What markets miss: political stability frameworks and country risk Preston Keat; 9. The risk of failed state contagion Jeffrey Herbst; 10. Conclusion: managing strategic surprise Paul Bracken, Ian Bremmer and David Gordon.
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