Anette Mikes
4 Results
- 12 Aug 2011
- Working Papers
From Counting Risk to Making Risk Count: Boundary-Work in Risk Management
According to previous research, the cycle of risk management includes counting risk through quantification and aggregation; controlling risk until something like a financial crisis occurs; and then calculating new risks in an attempt to avoid similar crises in the future. In this paper, through case studies carried out at several banks, Harvard Business School professor Anette Mikes introduces the idea that this cycle is contingent upon a "calculative culture," which steers organizations toward successful risk management practices. Read More
- 03 May 2011
- Working Papers
How Do Risk Managers Become Influential? A Field Study of Toolmaking and Expertise in Two Financial Institutions
Most organizations have technical experts on staff—accountants, finance professionals, internal auditors, risk managers-but not all experts are listened to at higher levels. To understand how expert influence on strategic thinking can be increased, Matthew Hall, Anette Mikes, and Yuval Millo followed the organizational transformation of risk experts in two large UK banks. One transformation was successful, the other not. Are your experts merely "box-tickers," or are they influential "frame-makers"? Read More