Governance reimagined : organizational design, risk, and value creation /
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| Author / Creator: | Koenig, David R., 1962- |
|---|---|
| Imprint: | Hoboken, N.J. : Wiley, c2012. |
| Description: | xxii, 234 p. : ill. ; 24 cm. |
| Language: | English |
| Series: | Wiley finance series Wiley finance series. |
| Subject: | |
| Format: | Print Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/8901915 |
Table of Contents:
- Acknowledgments
- Introduction RE: Governing
- Sources of Wealth
- Perceptions Matter
- Keep Doing What You Do ...
- And Keep Doing It Well!
- Part 1. Creation and Evolution: The Source(s) of Wealth
- Chapter 1. Understanding Value, Values, and Value Creation
- How Much Is that Duck in the Window?
- Are We Acting on Our Beliefs?
- Economics and the Creation of Value
- Only One Equation, I Promise
- Notes
- Chapter 2. Systems and Networks in Our lives
- Secret Agents
- Systems Theory
- Network Theory
- Notes
- Chapter 3. The Dynamics of Self-Organizing Groups
- From Small, Unconnected Beginnings
- Hops, Skips, Jumps, and Luck
- Risk, Success, and Failure
- The Game of Evolution
- The Meaning for Organizations
- Notes
- Chapter 4. The Emergence of Complexity Economics
- Two Schools in Conflict
- What's Wrong with Traditional Economics?
- Building an Economy
- The Bounds of Rationality
- Not so Timely or Stable
- The Role of Networks, Evolution, and Social Interaction
- What's Next?
- Notes
- Part 2. Looks Matter
- Chapter 5. The Enterprise and Those Who Influence Its Value
- Keystones, Value, and Systems
- The Organization's Social Network
- Customers
- Investors
- Executive Leadership, Employees, and Contract Workers
- Board of Directors
- Suppliers
- Creditors
- Regulators
- Analysts
- Retirees
- Case Study: Iceland and the Credit Crisis
- How We Look Affects Our Value
- Notes
- Chapter 6. Our Human Behavior
- Voices in Behavioral Economics
- The Value of Utility
- You Decide
- What Are the Chances of That Happening?
- Run for the Hills
- Dragging an Anchor
- I Could Lose How Much?
- And Just When Would I Get That?
- Everywhere, Biases
- I Care about You
- Our Evolving Thoughts
- Notes
- Chapter 7. The Human Reaction to Risk
- The Perception of Risk
- Processing Risk
- Quantification as a Coping Mechanism
- Looking to the Experts
- Lessons for Governing our Organizations
- Notes
- Chaptet 8. Social Amplification and Tipping Points
- At the Threshold
- Getting Tipsy
- Walking on Air
- Letting Out the Air
- The Social Amplification of Risk
- Case Study: The Madoff Affair
- Probability and Impact Are Not Enough
- The Real Impact
- Notes
- Chapter 9. The Role of Trust in Networks
- How Do I Trust Thee? Let Me Count the Ways ...
- Embed with Trust
- Trust Me and Do as I Say
- If Only You'd Cooperate
- Does Our Relationship Need to Be This Complex?
- I Understand That You Need More Space
- How Can I Ever Trust You Again?
- Trust and the Potential of Risk Management
- Trust and Value
- Notes
- Part 3. Not Everything Is Dead in the Long Run
- Chapter 10. Value Revisited
- A Random Walk across Midtown
- Oh, the Possibilities
- What's the Value of This Journey?
- Utility Functions
- Fat Tails, Utility, and Value
- Parallels to Organizational Life in Systems
- We're Positively Skewed!
- Note
- Chapter 11. The Role of Resiliency in Creating Value
- Resilience
- Brittleness
- Single Points of Failure
- The Path of a Problem
- Threats to the System
- Loss Avoidance Revisited
- Becoming Resilient
- Notes
- Chapter 12. The Things That Motivate People
- What Motivates Our Behavior within Organizations?
- Do Incentives Even Work?
- Management by Objectives
- Darley's Law
- Risk-Sensitive Foraging
- Free Externalities
- Management of the Commons
- Notes
- Part 4. The King Is Dead
- Chapter 13. The Governance of Risk
- Risk and Risk Management
- The Profession of Risk Management
- Defending the Goal
- Problems in the Box
- A Regulation-Sized Goal?
- Stress Tests, Scenario Analysis, and ANTs
- Managing the Midfield
- Setting Up the Offense
- A Venture Capital View of the Organization
- A Portfolio View of the Enterprise
- Overall Governance of Our Organizations
- Notes
- Chapter14. Networked and Distributive Governance
- The Role of the Board
- Principal-Agent Relationships
- Key Duties of Board Members
- The Carver Method
- Ends'and Means
- Nested Policies
- Board-Chief Executive Relationship
- Extending the Model through Subsystems
- Bringing in the Network
- Corrupting Powers of a Unitary Board
- People in Our Network Who Care about Us
- Rolling It Out through the Organization
- The Impact of Governance and Transparency on Trust and Value
- The Integration of Networked and Distributive Models
- Summary
- Notes
- Chapter 15. Economic Governance
- Markets and/or Hierarchies
- Cities, Organisms, and Organizations
- Management of the Commons
- Risk Capital as Commons
- Bringing It Together
- Notes
- Conclusion: The Re-Governing Opportunity
- Glossary
- About the Author
- Index
