Coulson-Thomas, Colin (2023) Risk-led innovation: balancing current and longer-term requirements. Management Services, 67 (1). pp. 38-42. ISSN 0307-6768

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Abstract

Giving a higher priority to sustainability, addressing shared challenges, the pursuit of UN Sustainable Development Goals, and the support of responsible corporate and collective responses to existential threats facing humankind, such as climate change adaptation and mitigation has implications for the approaches and practices of management services practitioners, the context and purpose of their professional activities, their analyses and recommendations, and with whom they work. Current and emerging common requirements may increasingly differ from shared past experiences. Increasingly, senior practitioners may need to categorise, understand and address the most highly ranked and inter-dependent global risks in terms of the severity of their impacts. Responding to some existential threats and severe risks will require community, infrastructure, societal and international changes, risk-led innovation and transition and transformation journeys, as well as those involving individuals and organisations. Perspectives on responses to challenges and risks often vary. With existential challenges and severe risks come unprecedented opportunities. As with responses to existential threats, some opportunities may benefit from collective action. Collaborative advantage may become as important as competitive advantage for some companies.

Item Type:	Article
Uncontrolled Keywords:	innovation and creativity; risk-led innovation; societal innovation; management services practitioners; risk management; climate risk; environmental risk; climate change adaptation and mitigation strategies
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences H Social Sciences > HB Economic Theory
Faculty / School / Research Centre / Research Group:	Faculty of Business
Related URLs:	Publisher
Last Modified:	15 Mar 2024 09:16
URI:	http://gala.gre.ac.uk/id/eprint/38820

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