Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts

Leading in Times of Crisis: Navigating Through Complexity, Diversity and Uncertainty to Save Your Business (J-B US non-Franchise Leadership) Review

Leading in Times of Crisis: Navigating Through Complexity, Diversity and Uncertainty to Save Your Business (J-B US non-Franchise Leadership)
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Leading in Times of Crisis: Navigating Through Complexity, Diversity and Uncertainty to Save Your Business (J-B US non-Franchise Leadership) Review
According to David Dotlich, Peter Cairo, and Stephen Rhinesmith, "whole leaders" are those who "use their head to set strategy, their heart to connect with the world, and their guts to make instinctive and intuitive decisions based on clear values." Nonetheless, for various reasons, "we still too often see top business executives attempting to solve problems or seize opportunities using only their head...or their heart...or their guts." That said, the fact remains that some decisions are best made primarily with reason, others primarily with emotion, and others primarily with instinct or intuition. Moreover, determining which is most appropriate for each decision requires highly-developed judgment in combination with sufficient real-world experience. This is what Noel Tichy and Warren Bennis have in mind in their book, Judgment: How Winning Leaders Make Great Calls, when asserting that what really matters "is not how many calls a leader gets right, or even what percentage of calls a leader gets right. Rather it is important how many of the important ones he or she gets right." They go on to suggest that effective leaders "not only make better calls, but they are able to discern the really important ones and get a higher percentage of them right. They are better at a whole process that runs from seeing the need for a call, to framing issues, to figuring out what is critical, to mobilizing and energizing the troops." According to Tichy and Bennis, there is a framework of three "critical domains" within which all decisions are made. Judgments about people are the most difficult, and most critical; the others involve strategy and crisis. They stress that good judgment calls are a process, not an event. Each begins when a leader recognizes a need and frames the decision to be made, with the process continuing through execution and adjustment. They also stress the importance of possessing sufficient self-knowledge because making a right call "isn't a solo performance; support teams are vital." Dotlich, Cairo, and Rhinesmith wholeheartedly agree.
With a unique combination of intellectual rigor and linguistic eloquence, they identify and then discuss nine ways for business leaders to "navigate" what they characterize as "a perfect storm," one that involves "a rare convergence of complexity and diversity, a convergence that challenges all our leadership assumptions. Imagine leaders as captains steering ships through this perfect storm. The old charts are outdated, and even the smartest strategists have not yet been able to adequately map a new world." Moreover, they go on to point out, "Every time someone conducts a study of the new territory, a storm starts shoaling the terrain and changing the navigation lanes. As fast as leaders develop new strategies, powerful external forces render them obsolete." Hence the need for leaders to rely on their own beliefs (i.e. be guided by their own moral compass, by what Bill George calls one's "True North") and instincts (a strong sense of what is correct, accurate, reliable, trustworthy, etc). "Like the best captains trying to keep their ships afloat during the fiercest storms, leaders have to depend on what they know to be true. They also have to depend on the advice and suggestions of others"; as Tichy and Bennis emphasize, "possessing sufficient self-knowledge because making a right call isn't a solo performance; support teams are vital."
After identifying the nine ways to navigate the perfect storm through whole leadership, Dotlich, Cairo, and Rhinesmith devote a separate chapter to each within clusters of three: Navigating the Wave of Complexity (Chapters 3-5), Navigating the Wave of Diversity (Chapters 6-8), and Navigating the Wave of Uncertainty (Chapters 9-11). Then in Part Three, they explain how to develop whole leaders and teams by aligning a company's talent to navigate the storm, aligning members of a team around whole leadership, how to develop one's self as a whole leader, and a "Final Thought" by which to explain why whole leaders will succeed.
When concluding their book, they review some of the challenges discussed: "Blowing up your business model, turning green without bleeding red, leading an unfamiliar workforce, relying on what you believe in." These are indeed formidable challenges. How must whole leaders respond to them?
1. Act Authentically: "The more confusing and uncertain the world becomes, the more people want leaders who are real...[What helps] is knowing that their CEO will be exactly the person they expect, will respect them enough to be authentic, and will deserve their continuing respect."
2. Balance Money and Meaning: "Leaders are confronting what we refer to as the [begin italics] money-meaning gap [end italics], and the future will make this gap wider and more difficult." Therefore, "To win the war for talent, to build brands, to function effectively in a global environment - all this involves managing meaning."
3. Develop the Capacity to Connect: "The best leaders in the future will be connectors and collaborators, not just in terms of bringing people together but also allying disparate ideas and organizations. Interdependence is the watch word for he future, and people who can facilitate connections will have a huge advantage over those who can't." Organizations that develop and retain an abundance of such people have a hue advantage over those that don't. "This means being able to connect the [right] dots - to figure out how seemingly unrelated concepts or views can be brought together in a synergistic whole."
Note my frequent use of the word "how." Those who read this book will especially appreciate the fact that David Dotlich, Peter Cairo, and Stephen Rhinesmith are diehard pragmatists who rely almost entirely on empirical, verifiable evidence when identifying the "what" of developing and executing whole leadership; they devote most of their attention to explaining how to achieve those separate but related, independent objectives.
Congratulations to them for collaborating so well on what I consider to be a brilliant achievement. Bravo!Leading in Times of Crisis: Navigating Through Complexity, Diversity and Uncertainty to Save Your Business (J-B US non-Franchise Leadership) Overview

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How to Complete a Risk Assessment in 5 Days or Less Review

How to Complete a Risk Assessment in 5 Days or Less
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How to Complete a Risk Assessment in 5 Days or Less ReviewImagine a patient bleeding to death in an emergency room while doctors tell his family that they will run tests on him in a week or so. Similarly, many organizations operate amid critical IT security risks, absent without any clear knowledge about them because those answers often take far too long to obtain.
How to Complete a Risk Assessment in 5 Days or Less is a valuable reference guide that can help readers identify the myriad threats that their organizations face. Once they are identified, the book shows how you can make the right triage decisions about whether those threats pose a real risk to your company or are innocuous.
The book is built around the concept of a Facilitated Risk Analysis and Assessment Process (FRAAP). The process is designed to be implemented by organizations without outside help. The book's five chapters take the reader through the process from prescreening and performing a business impact analysis to the last step, the gap analysis.
The majority of the book--roughly three quarters of it--consists of appendices to be used during the FRAAP. They cover every aspect of the process from listing the team members and developing a project scope statement to completing various checklists and questionnaires.
Unfortunately, the book does not include a CD-ROM containing its various appendices and checklists, nor is it available online. The book's planned second edition, however, is supposed to include such a disc.
Other than that, this work is a critical resource that can help an organization get up to speed with its risk management program. Readers looking to get their organizations out of the risk management "emergency room" will find this an indispensible and valuable guide.
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Prepare for the Worst, Plan for the Best: Disaster Preparedness and Recovery for Small Businesses Review

Prepare for the Worst, Plan for the Best: Disaster Preparedness and Recovery for Small Businesses
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Prepare for the Worst, Plan for the Best: Disaster Preparedness and Recovery for Small Businesses ReviewThis guide to disaster preparedness is useful to any small business owner who wants to manage risk and avert catastrophic losses. The first part of the book explains how to prepare for disasters, while the second outlines the best ways to deal with disasters when they do happen. The first part is critical; proper preparation can minimize the potential damage and enable getting the business up and running again faster. In some cases, proper preparation can avoid any losses at all even if a disaster strikes.
The thorough treatment of the subject of insurance in preparing for disasters and dealing with their aftermath is particularly useful. What differentiates the book from a number of publications on the topic is the very clear outline of specific steps that a small business could--and should--take in preparing to disasters. Such a truly practical guide has been missing until now. In today's world of heightened risk and potential crises, reading this book is a great first step toward being better prepared for disasters.
While the focus is primarily on the matters of particular importance to small businesses, the key elements of disaster preparedness are presented so well that, despite the title, they are relevant to businesses of any size.
Highly recommended!
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Security Risk Management Body of Knowledge (Wiley Series in Systems Engineering and Management) Review

Security Risk Management Body of Knowledge (Wiley Series in Systems Engineering and Management)
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Security Risk Management Body of Knowledge (Wiley Series in Systems Engineering and Management) ReviewSince 2001 attention has become understandably more focused on matters of security. Billions of dollars and millions of hours have been spent on devising responses to current and future threats. In this environment the discipline of security risk management (SRM) has received much more attention from business and government. However, to my knowledge the "Security Risk Management Body of Knowledge" is the first comprehensive attempt at summarizing the complex and varied elements that make up the discipline of SRM.
This book, which was originally published by the Risk Management Institution of Australasia and which draws on the contributions of almost 100 SRM specialists, provides a holistic overview of SRM, combining a broad survey of the major areas of SRM with a wealth of practical details and advice on how to use SRM tools.
It attempts to put some structure around the idea of "security risk management". For example, it postulates four strategic Knowledge Areas (Exposure, Risk, Resources, Quality) and four operational Competency Areas (Business Integration, Functional Design, Implementation, Assurance) that together contain important knowledge that any security team in any organization needs to have.
The "Security Risk Management Body of Knowledge" uses models (such as the "Swiss Cheese" and the "Bow Tie" models), checklists and templates to help practitioners develop analyses and action plans specifically related to the organizations whose security they are attempting to improve.
This book includes a comprehensive lexicon (50 pages of text and illustrations) of SRM terms and definitions. The book also incorporates a generous quantity of color diagrams which aid greatly in the understanding of complex SRM processes.
The "Security Risk Management Body of Knowledge" also contains a thoughtful discussion on the human factors in SRM and asks questions regarding the underlying root causes of security failures and regarding the roles of culture and organizational psychology in risk management. This approach broadens the whole concept of personnel security away from just employment screening and security vetting towards asking more difficult (but vital) questions such as why would well-intentioned, conscientious people deliberately put themselves at risk by doing "irrational" things such as sharing passwords or chocking a fire door open when they should know better.
In conclusion, this book can be highly recommended not only for security risk management professionals but also for all who work in any area of risk management and security. Its tools, templates and concepts are also helpful for people with responsibilities in fields such as safety, health, business continuity, intelligence, and fraud prevention.
Moreover, this book, with its logical layout, its case studies, its abundance of color diagrams, its lexicon and its bibliography, would be an ideal educational textbook in SRM for use in technical school and college courses and for use in consulting situations.Security Risk Management Body of Knowledge (Wiley Series in Systems Engineering and Management) Overview

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