... planning, this study suggests that firms must shift from traditional risk-based models to uncertainty-driven anticipatory strategies. Design/methodology/approach Using real-world case studies and a structured methodological framework, the authors illustrate how scenario planning can...

... exposure. These findings suggest that CIOs’ investment decisions are influenced by risk considerations and systematically shape firms’ diversification behaviors. Originality/value The study extends diversification research by linking modern portfolio theory with strategic management in an industry...

...? Examples: no-regret moves, options, hedges and big bets. 6.How is your firm strategically hedging its bets against uncertainty? Risk International strategy Dynamic capabilities Uncertainty in the global business environment is increasing, with political upheavals such as Brexit...

...Mark Lehrer; Stefan Schmid Purpose This paper aims to explore hidden wellsprings of risk-taking in family firms. Design/methodology/approach The high tolerance for risk shown repeatedly by the famous family firm Hipp of Germany is documented. Three major risk-taking episodes at Hipp...

... system in all Nokia phones. Likewise, faced with an increasing inability to compete with fast-changing technology, NCR jettisoned its proprietary computer architecture in favor of more widely adopted open-sourced systems. First, they are high risk-taking gambles. Risk from a manager’s point of view...