Gloom to Boom: How Leaders Transform Risk into Resilience and Value

Description

Leaders – whether in business, government or the nonprofit sector – take risks but often without fully understanding risk at a strategic level. Expanding upon the well-known "ESG" risks, this book explains the key nonfinancial (environmental, social, governance and technological or ESGT) risks. For many leaders (including board members), taking risk without knowledge or preparation can lead to organizational crisis, scandal and value destruction. For those who are prepared, resilience follows and so does the ability to transform ESGT risk into opportunity and value for stakeholders. In this book, global governance, risk, ethics and cyber strategist, author and board member, Andrea Bonime-Blanc, shows practitioners at all levels how to effectively identify and manage their top ESGT risks to avoid crises and transform risk into sustainable long-term resilience and value. Gloom to Boom is a book for everyone – from the highest levels of leadership in an organization (the board, CEO and C-suite), to other senior leaders (the chief risk officer, CFO, general counsel, head of CSR and sustainability, CISO, CHRO), and midlevel leaders, students and folks simply interested in current affairs and the role and impact of strategic risk and opportunity on their lives. Cover Endorsement Half Title Title Page Copyright Page Dedication Page Contents Foreword Preface: A government prosecutor’s perspective on a culture of compliance Acknowledgments Introduction: A time of dangerous opportunity, attractive risk and necessary invention 1 Background 2 The book – Overview Note Part I Gloom Chapter 1 Gloom: The ten megatrends of our turbulent times The risk The opportunity Chapter 1: Gloom – summary overview 1.1 Overview: the ten megatrends of our turbulent times 1.2 Megatrend #1: the fourth industrial revolution – hurtling through space at the speed of light 1.3 Megatrend #2: global trust collapsing – recession or depression? 1.4 Megatrend #3: A world of extremes – the 21st century ethical leadership paradox 1.5 Megatrend #4: complex interconnected risk rising – beware the “purple techno-swan” 1.6 Megatrend #5: ecological apocalypse – a decade to oblivion or salvation? 1.7 Megatrend #6: the new geopolitical abnormal – rumblings or tectonic shift? 1.8 Megatrend #7: the meteoric rise of “ESG” and the virtual stakeholder – mirage or reality? 1.9 Megatrend #8: business as the new global social/moral conscience – fake or fact? 1.10 Megatrend #9: hyper-transparency becomes super-opacity – reputation risk on steroids 1.11 Megatrend #10: future fear – utopia, dystopia, life on Mars? 1.12 Endnote: a “gloom to boom”/“risk to value” leadership blueprint Notes Chapter 2 Leadership: Surviving and thriving with a culture of integrity The risk The opportunity Chapter 2: Leadership – summary overview 2.1 Chapter overview 2.2 Leadership, culture and ethics: the essential survival kit 2.3 Leadership – from toxic to enlightened 2.4 Culture: from toxicity to integrity 2.5 Ethics: the beating heart of good leadership and culture 2.6 Putting it all together: the leadership, culture and ethics gestalt – a typology of ESGT leadership Notes Part II Navigating the Scylla and Charybdis of environment, society, governance and technology (ESGT) Chapter 3 Environment: Transforming environmental risk into opportunity from global warming to sustainable resilience Chapter 3: Environment – summary overview 3.1 Introduction and overview 3.2 What is “environment”? Definitions and typologies 3.3 Leaders navigating environmental risks, crises and opportunities 3.4 Endnote: an environmental issue dashboard sample Notes Chapter 4 Society: Transforming social risk into opportunity from slavery and trafficking to safety and diversity Chapter 4: Society – summary overview 4.1 Introduction and overview 4.2 What is “society”? Definitions and typologies 4.3 Leaders navigating social risks, crises and opportunities 4.4 Endnote: diversity and governance – quo vadis? Notes Chapter 5 Governance: Transforming governance risk into opportunity from authoritarianism to stakeholder centricity Chapter 5: Governance – summary overview 5.1 Introduction and overview 5.2 What is governance? Definitions and typologies 5.3 Leaders navigating governance risks, crises and opportunities 5.4 Endnote: exercising personal governance – on being a citizen Notes Chapter 6 Technology: Transforming technology risk into opportunity from cyber-fear to trusted tech Chapter 6: Technology – summary overview 6.1 Introduction and overview 6.2 What is “technology”? Definitions and typologies 6.3 Leaders navigating technology issues, risks and opportunities 6.4 Endnote: a technology issue exercise and a technology issue (incomplete) inventory Notes Part III Boom Chapter 7 Metamorphosis: Achieving organizational resilience Organizational resilience: risk and opportunity Chapter 7: Metamorphosis – summary overview 7.1 Chapter overview 7.2 What is “resilience” and “organizational resilience”? 7.3 The eight elements of organizational resilience 7.4 From Vicious to Virtuous: what type of organizational resilience lifecycle does your organization have? 7.5 Determining your organizational resilience: a diagnostic tool Notes Chapter 8 Boom: Transforming resilience into sustainable value Boom: risk and opportunity Chapter 8: Boom – summary overview 8.1 Chapter overview 8.2 A typology of organizational resilience and sustainability 8.3 The value of “values”: the new multi-stakeholder bottom line 8.4 Future-proofing value creation: how leaders transform tech fear into tech trust 8.5 Coda: the Oracle of Omaha and the Japanese concept of “Ikigai” Notes Index