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8 Leading Areas for Change In Risk Management/Analysis In The Coming Years

Strategy Driven

Businesses across the world have become an integral part of the networked economy. People in the risk management industry will have to identify these emerging and evolving risk types and integrate them into the existing risk models. Interconnectedness and Collective Risk Management. Meanwhile, supply chains have become more complex.

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Today's Workforce in the Global Marketplace

Coaching Tip

The network economy is going to be mainstream. As a leader, you must engage your Gen Y Digital Cowboys to expand your network of contacts to both retain and expand your company. With the Internet, more information becomes available to these employees much faster.

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What Uber’s China Deal Says About the Limits of Platforms

Harvard Business Review

Are there really global network economies? While network economies generally are regarded as critical to winning with platforms, they, like economies of scale, often seem to be overestimated by executives. Do switching costs help sustain network advantages?

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Business School Professors Should Be Like Movie Directors

Harvard Business Review

Professors must think of themselves as experiential movie directors for a production of Global Business in the Networked Economy , orchestrating and coaching a multinational cast of actors through experiments – and stepping off of the stage for a broader purview.

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Profit Is Less About Good Management than You Think

Harvard Business Review

Revenue moats are usually linked to intangible assets (including brands and patents), high switching costs, and network economies. Cost moats are linked to the ownership of cheaper or faster processes, favorable locations, unique assets, or firm size.

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You Need a Community, Not a Network

Harvard Business Review

In our emerging super-networked economy, the next-generation leaders will increasingly be mobilizers, not directors. The more responsible participants feel, the more energy and drive they’ll offer — and the better they’ll feel about participating.

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Why the Problem with Learning Is Unlearning

Harvard Business Review

” But in a networked economy, the nature of strategy, value creation, and competitive advantage change from incremental to exponential. In this model, competitive advantage is achieved by driving costs down, driving prices up, locking in customers, and locking out competitors and entrants.

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