Strategies for Managing Uncertainty

Booms and Busts in the Energy Industry

Business & Finance, Career Planning & Job Hunting, Entrepreneurship, Entrepreneurship & Small Business
Cover of the book Strategies for Managing Uncertainty by Alfred A. Marcus, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Alfred A. Marcus ISBN: 9781108126144
Publisher: Cambridge University Press Publication: May 31, 2019
Imprint: Cambridge University Press Language: English
Author: Alfred A. Marcus
ISBN: 9781108126144
Publisher: Cambridge University Press
Publication: May 31, 2019
Imprint: Cambridge University Press
Language: English

All organizations must cope with future uncertainties. These uncertainties affect the strategic choices they make. They must commit scarce organizational resources to future outcomes which they have little assurance will come into being. Marcus explores how decision makers in the energy industry made choices in the face of such uncertainties, specifically examining two major uncertainties they confronted in the 2012-2018 period - price volatility and climate change. Marcus tells the story of how different companies in the integrated oil and natural gas sector and in the motor vehicle sector responded to these uncertainties. In the face of these challenges, companies in the energy industry hedged their bets by staking out paradoxical or contrasting positions. On the one hand, they focused on capturing as much gain as they could from the world's current dependence on fossil fuels and on the other hand they made preparations for a future in which fossil fuels might not be the world's dominant energy source.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

All organizations must cope with future uncertainties. These uncertainties affect the strategic choices they make. They must commit scarce organizational resources to future outcomes which they have little assurance will come into being. Marcus explores how decision makers in the energy industry made choices in the face of such uncertainties, specifically examining two major uncertainties they confronted in the 2012-2018 period - price volatility and climate change. Marcus tells the story of how different companies in the integrated oil and natural gas sector and in the motor vehicle sector responded to these uncertainties. In the face of these challenges, companies in the energy industry hedged their bets by staking out paradoxical or contrasting positions. On the one hand, they focused on capturing as much gain as they could from the world's current dependence on fossil fuels and on the other hand they made preparations for a future in which fossil fuels might not be the world's dominant energy source.

More books from Cambridge University Press

Cover of the book William Howard Taft by Alfred A. Marcus
Cover of the book Decision-Making in American Foreign Policy by Alfred A. Marcus
Cover of the book How Mass Atrocities End by Alfred A. Marcus
Cover of the book The Mighty and the Almighty by Alfred A. Marcus
Cover of the book The Cambridge Companion to English Literature, 1740–1830 by Alfred A. Marcus
Cover of the book The Art of Great Speeches by Alfred A. Marcus
Cover of the book The Novel in German since 1990 by Alfred A. Marcus
Cover of the book Spectres of the Self by Alfred A. Marcus
Cover of the book Literature of the Holocaust by Alfred A. Marcus
Cover of the book Clarity of Responsibility, Accountability, and Corruption by Alfred A. Marcus
Cover of the book Symbolism and Regime Change in Russia by Alfred A. Marcus
Cover of the book The Cambridge Companion to Brian Friel by Alfred A. Marcus
Cover of the book Introduction to Information Retrieval by Alfred A. Marcus
Cover of the book The Two Latin Cultures and the Foundation of Renaissance Humanism in Medieval Italy by Alfred A. Marcus
Cover of the book Hyderabad, British India, and the World by Alfred A. Marcus
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy