Magazine article Teaching Business & Economics

Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times, Michael Syrett and Marion Devine

Magazine article Teaching Business & Economics

Managing Uncertainty: Strategies for Surviving and Thriving in Turbulent Times, Michael Syrett and Marion Devine

Article excerpt

BUSINESS STUDIES Managing Uncertainty: strategies for surviving and thriving in turbulent times, Michael Syrett and Marion Devine, The Economist in association with Profile Books Ltd., 2012, 210 pages, £15, ISBN 978 1 84668 590 3

New to The Economist's catalogue, this book explores the challenges facing business leaders in an increasingly unpredictable world and offers a framework for leading organisations in an uncertain business environment. The authors take the recent financial crisis as a starting point, basing their work around research conducted with business leaders to identify six core capabilities for successful 'uncertainty management'. These are strategic anticipation, navigational leadership, agility, resilience, open collaboration and predictive learning.

This is certainly not a text aimed at students, nor is it directly applicable in great measure to GCSE or ALevel specifications. Even as enrichment reading, all but the most literate and widely read of students are likely to struggle since it is written by and for informed professionals. However, the applied nature of much of the text, coupled with short and accessible case studies, could offer useful material on well known companies such as GSK and RBS to teachers looking for contemporary material to support AS and A2 topics. …

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