This issue of strategy+business shows leaders a new way to view risk, and a new, more collaborative way to identify—and approach—the risks they face. It's time to change the game.
For business leaders, operating in the current risk landscape is a bit like squaring up to a hectic game of whack-a-mole.
And just like in the old carnival game, the risks that companies face don’t just pop up one at a time, but come in pairs or even groups.
Before companies can benefit from collaborations, they must be clear about their role.
Successful transformation often requires organizational culture change to make the improvements stick. Leadership teams can increase their odds by focusing on three measures.