Strategic Risk Leadership

"Drawing on a rich array of cases, Torben Juul Andersen and Peter C. Young explore the many faces of risk leadership as a new object for scholarly and practical attention. They provide a compelling synthesis of leadership and risk management thinking grounded in settings as diverse as ocean racing, refugee crises and financial markets. Risk leadership is skilfully positioned as an emergent way of thinking rather than a job description. Not only does it require reflective, collaborative and capable practitioners but also wisdom, value commitment and courage in the face of uncertainty. Strategic Risk Leadership: Context and Cases is highly recommended. It is a pleasure to read and is packed with valuable insights for students, academics and the general business reader. It should be compulsory reading for Chief Risk Officers."

Michael Power, London School of Economics and Political Science, UK

"True risk leadership combines the judicious use of quantitative techniques with the sound application of qualitative judgment with proper account of the constraints imposed by dynamic, complex environments. This excellent book provides a conceptual framework and set of case studies to elucidate the characteristics of strong risk leadership. What makes this book especially important is that it is timely, coming at a time when risk management is both ubiquitous and poorly defined. Readers of this book will learn important lessons that will make them want to engage in effective risk management, and provide them with guidelines for leading initiatives for dealing with risk and uncertainty in their organizations."

Hersh Shefrin, Santa Clara University, USA