STRATEGIC RISK LEADERSHIP
– DEALING WIITH RISK, UNCERTAINTY, AND THE UNKNOWN (AUGUST 2018 …)
An ongoing research effort
This project was initiated by an invited research stay at the Opus College of Business at St. Thomas University in Minneapolis (USA) to work on joint efforts to analyze the state of strategic risk management and governance practices. This work studies current risk management practices to identify proper risk leadership traits and areas for policy initiatives and regulatory (risk) governance.
The project has received initial funding from the Otto Mønsted Foundation.
This is a collaborative effort with the Risk Leadership Initiative headed by Professor Peter Young, 3M Endowed Chair in International Business, Opus College of Business, University of St. Thomas.
EMERALD BOOK SERIES:
EMERALD STUDIES IN GLOBAL STRATEGIC RESPONSIVENESS (APRIL 2017...)
International Business was published in the fall of 2017.
New Research Frontiers in International Strategic Management was released in February 2019.
EMPIRICAL STUDIES OF PRESCRIBED IN RISK GOVERNANCE MODELS (MAY 2017 …)
Accounting and Finance, starting a collaborative research effort to examine the claimed,
but rarely validated, effects of formal enterprise risk management frameworks including
extended three-lines of defense models used in EU prescribed risk governance regulation.
Simon Torp (Aarhus University) and Johanna Sax (Danske Bank).
CROWD PREDICTIONS FROM THE FRONTLINE:
A PROACTIVE DECISION TOOL FOR DYNAMIC DECISION-MAKING (2017-2020)
enhance the competitiveness of international firms. Managers and local frontline employees
have updated information whose collective intelligence is used to predict emerging developments.
The project adopts digitalized crowd prediction methodologies to collect this information and
form early signals for updated decisions as a basis for more timely proactive responses
in turbulent global markets.
RISKY BUSINESS: MANAGING IN A WORLD WITH EXTREME EXPOSURES (2019-2021)
the adverse odds provided by the turbulent global business environment whereas most others seem to fail.
The global market economy is exposed to many risks including financial crisis, cyberattack,
political instability, governance failure, extreme weather conditions, etc.
In this context, only a small fraction of firms outperform and display favorable risk-return outcomes
By studying this phenomenon, we will try to understand how organizations can adapt and
persevere in an uncertain world, which is a very timely management issue.