Risky Business: Corruption Fraud Terrorism and Other Threats to Global Business

Risky Business: Corruption Fraud Terrorism and Other Threats to Global Business

by Alan Bailey (Author), Alan Bailey (Author), Stuart Poole-Robb (Author)

Synopsis

Praise and Reviews `Sounds an alarm against complacency, cultural arrogance and ignorance.` LLOYDS LIST `Risky Business is a fascinating and disturbing book.` The Property ExecutiveThe terrorist outrages of 11 September 2001 and the rapid collapse of Enron both highlight the uncomfortable fact that business and business people are subject to risks much broader and often more personally hazardous than the commercial and financial risks studied at business school. These risks to organizations and their employees in international markets are not confined to the actions of a few fanatical terrorists or fraudsters. They encompass a range of activity arising from different cultures and attitudes. They stem from the willingness or otherwise of governments to strengthen weaknesses in policing, judicial systems and anti-terrorism and to stamp out organized crime, corruption, unfair trading, cronyism, bureaucracy and civil unrest. All of these things exist to some degree in every country of the world. Through its international network - both official and clandestine - Stuart Poole- Robb's company, the Merchant International Group (MIG), has developed an unparalleled knowledge of the risks facing international businesses and those employed by them. MIG acts for many major international corporations in evaluating risks before investment and determining likely threats to success and safety well beyond the norms of due diligence. This book is the result of 20 years' experience in this field. It explains in detail the nature of risk and provides country analysis showing the extent and severity of local risk. It also proposes a series of defences against these risks - through careful assessment, staff awareness, good business practice and practical measures such as building design and use of security equipment. Topics covered include: Defining 'grey area' risks Risk reduction strategies for international investment Different cultures: misconceptions and business integration Bureaucracy and corruption Risky legal regimes Organized crime and its effects on trade Ethical/unethical business practice Asset and personnel security issues Defence against terrorism, kidnapping etc Defence against hacking/IT security Global/regional disaster scenarios Hot spots: a country-by-country analysis of risk by type

$4.32

Save:$11.97 (73%)

Quantity

1 in stock

More Information

Format: Paperback
Pages: 316
Edition: 1
Publisher: Kogan Page
Published: 23 Apr 2003

ISBN 10: 0749440317
ISBN 13: 9780749440312

Media Reviews
This volume focuses on the risks associated with doing business in nondomestic markets, with particular, although not exclusive, application for US and UK companies. The authors are well qualified to write on this topic since they are executives in Merchant International Group (MIG), a firm that specializes in providing information and intelligence regarding risk to companies considering investments and operations in nondomestic markets. They take a broad, comprehensive view of risk and provide a framework for identifying, assessing, and dealing with a wide assortment of threats to business as well as to individuals. This framework, termed Grey Area Dynamics (GAD), lists more than 100 factors are organized under ten major subgroups: corruption, bureaucracy, counterfeiting and theft, cultural issues, legal safeguards, organized crime, unfair trade, unfair competition, assest security and extremism. A system of rating or scaling each factor yields an overall assessment of risk for a gii
Author Bio
Stuart Poole-Robb Stuart Poole-Robb is the Chief Executive of MIG. He joined the military at 15. Many transfers and postings later, he was selected for training in counter-insurgency and counter-terrorism. Later he saw service in Egypt, behind the `iron curtain` in Germany, Libya, Nigeria, Oman, and the Yemen, among other hotspots. As a civilian, he has worked for the Rank Organisation, Sperry Rand Inc, Alders International and Corals plc. His work with MIG began in 1982.