Taking Risks

(Paperback)

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Donald Wherung and Kenneth R. Maccrimmon examine how the external factors of leaders lives effect their ability to manage and take risks.

Emphasizing the importance of a managers ability and willingness to take risks in their business decisions, Taking Risks reveals how age, education, income, industry, and firm size, among other factors, affect a managers drive to take risks.

By far the most authoritative and comprehensive study of risk taking that I have ever seen. Must reading for business executives, social scientists, government officials, management scholars anyone who face real-world pressures of making decisions or seeks to understand the process behind them. James S. Dyer, Foster Parker Centennial Professor of Management and Finance, University of Texas Austin

Reviews

Business Fascinating...should appeal to all managers for whom risk is an integral part of business life. Howard Kunreuther Professor of Decision Sciences and Public Management, Director of the Center for Risk and Decision Processes, The Wharton School This is the first time that extensive data on executive attitudes toward risk has been pulled together and analyzed...Very solid...will be of great interest to business managers and consultants as well as academics in business schools. James S. Dyer Foster Parker Centennial Professor of Management and Finance, University of Texas -- Austin Taking Risks is an excellent book -- by far the most authoritative and comprehensive study of risk taking that I have ever seen. Must reading for business executives, social scientists, government officials, management scholars -- anyone who faces the real-world pressures of malting decisions or seeks to understand the processes behind them.

Author Bio

Kenneth R. MacCrimmon is Earle Douglas McPhee Professor of Management, Faculty of Commerce and Business Administration, the University of British Columbia. The former J.L. Kellogg Distinguished Professor of Strategy and Decision at Northwestern University, he is internationally known for his work on decision making, risk taking, and strategic management.