Governance reimagined: organizational design, risk, and value creation

A timely guide for companies needing to grow equity and human capital after the recent economic turmoil. Written for leaders and students of for-profit, non-profit, political, and social organizations who are looking for a way to do their work more effectively.Most organizational leaders only partially understand the factors that affect the amount of value created by the activities of their organization and thus greatly under-deliver on the potential to achieve their objectives and serve their target audiences.Governance Reimagined has been written to fill in the missing pieces of this puzzle. It will help put your organization on the path toward re-governing, or redesigning how it works, to unlock its hidden value. Page by page, it will show you how to generate new and better processes and improve the value of those processes by altering the external perception of their risk.Addresses various issues that affect corporatevalue, from management and systems theory to governance science, risk management, and traditional financeReveals how to recognize internal processes and external events that affect value creationHighlights how to create resilient organizations that generate greater value from their processesGovernance Reimagined offers corporate leaders a new way to think about value, and will help you understand some of the factors that destroy value within organizations, but most importantly how new value can be created and how missions can more ably be fulfilled.This is an important book for these dynamic economic times. INDICE: AcknowledgmentsIntroduction: RE: GoverningSources of WealthPerceptions MatterKeep Doing What You Doâ€aAnd Keep Doing It Well!Part I: Creation and Evolution: The Source(s) of WealthChapter 1: Understanding Value, Values, and Value CreationHow Much is That Duck in the Window?Are We Acting on Our Beliefs?Economics and the Creation of ValueOnly One Equation, I PromiseNotesChapter2: Systems and Networks in Our LivesSecret AgentsSystems TheoryNetwork TheoryChapter 3: The Dynamics of Self-Organizing GroupsFrom Small, Unconnected BeginningsHops, Skips, Jumps, and LuckRisk, Success, and FailureThe Game of EvolutionThe Meaning for OrganizationsChapter 4: The Emergence of Complexity EconomicsTwo Schools in ConflictWhat's Wrong with Traditional Economics?Building an EconomyThe Bounds of RationalityNot So Timely or StableThe Role of Networks, Evolution, and Social InteractionWhat's Next?NotesPart II: Looks MatterChapter 5:The Enterprise and Those Who Influence Its ValueKeystones, Value, and SystemsThe Organization's Social NetworkCustomersInvestorsExecutive Leadership, Employees, and Contract WorkersBoard of DirectorsSuppliersCreditorsRegulatorsAnalystsRetireesCase Study: Iceland and the Credit CrisisHow We Look Affects Our ValueNotesChapter 6: Our Human BehaviorVoices in Behavioral EconomicsThe Value ofUtilityYou DecideWhat Are the Chances of That Happening?Run for the HillsDragging an AnchorI Could Lose How Much?And Just When Would I Get That?Everywhere,BiasesI Care About YouOur Evolving ThoughtsChapter 7: The Human Reaction to RiskThe Perception of RiskProcessing RiskQuantification as a Coping MechanismLooking to the ExpertsLessons for Governing our OrganizationsChapter 8: Social Amplification and Tipping PointsAt the ThresholdGetting TipsyWalking on AirLetting Out the AirThe Social Amplification of RiskCase Study: The Madoff AffairProbability and Impact are Not EnoughThe Real ImpactNotesChapter 9: The Role of Trust in NetworksHow Do I Trust Thee? Let Me Count the Waysâ€aEmbed with TrustTrust Me and Do as I SayIf Only You'd CooperateDoes Our Relationship Need to be This Complex?I Understand That You Need More SpaceHow Can I Ever Trust You Again?Trust and the Potential of Risk ManagementTrust and ValueNotesPart III: Not Everything is Dead in the Long RunChapter 10: Value RevisitedA Random Walk Across MidtownOh, the PossibilitiesWhat's the Value of this Journey?Utility FunctionsFat Tails, Utility, and ValueParallels to Organizational Life in SystemsWe're Positively Skewed!NoteChapter 11: The Role of Resiliency in Creating ValueResilienceBrittlenessSingle Points of FailureThe Path of a ProblemThreats to the SystemLoss Avoidance RevisitedBecoming ResilientNotesChapter 12: The Things That Motivate PeopleWhat Motivates Our Behavior within Organizations?Do Incentives Even Work?Management by ObjectivesDarley's LawRisk-Sensitive ForagingFree ExternalitiesManagement of the CommonsNotesPart IV: The King is DeadChapter 13: The Governance of RiskRisk and Risk ManagementThe Profession of Risk ManagementDefending the GoalProblems in the BoxA Regulation Sized Goal?Stress Tests, Scenario Analysis, and ANTsManaging the MidfieldSetting up the OffenseA Venture Capital View of the OrganizationA Portfolio View of the EnterpriseOverall Governance of Our OrganizationsChapter 14: Networked and Distributive GovernanceThe Role of the BoardPrincipal-Agent RelationshipsKey Duties of Board MembersThe Carver MethodEnds and MeansNested PoliciesBoard-Chief Executive RelationshipExtending the Model through SubsystemsBringing in the NetworkCorrupting Powers of a Unitary BoardPeople in our Network Who Care About UsRolling It Outthrough the OrganizationThe Impact of Governance and Transparency on Trust and ValueThe Integration of Networked and Distributive ModelsSummaryNotesChapter15: Economic GovernanceMarkets and/or HierarchiesCities, Organisms, and OrganizationsManagement of the CommonsRisk Capital as CommonsBringing It TogetherNotesConclusion: The Re-Governing OpportunityGlossaryAbout the AuthorIndex

• ISBN: 978-0-470-59878-8
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 256
• Fecha Publicación: 23/05/2012
• Nº Volúmenes: 1
• Idioma: Inglés