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 European Security in NATO's Shadow by Alfred A. Marcus
Cover of the book Religious Diversity and Religious Progress by Alfred A. Marcus
Cover of the book The Cambridge Companion to Abelard by Alfred A. Marcus
Cover of the book Nobility and Kingship in Medieval England by Alfred A. Marcus
Cover of the book Regulating Speech in Cyberspace by Alfred A. Marcus
Cover of the book War beyond Words by Alfred A. Marcus
Cover of the book In Search of the True Universe by Alfred A. Marcus
Cover of the book Empire, Emergency and International Law by Alfred A. Marcus
Cover of the book Advanced Neuroradiology Cases by Alfred A. Marcus
Cover of the book Forecasting, Structural Time Series Models and the Kalman Filter by Alfred A. Marcus
Cover of the book Resocialising Europe in a Time of Crisis by Alfred A. Marcus
Cover of the book Hizbullah and the Politics of Remembrance by Alfred A. Marcus
Cover of the book Markov Chains by Alfred A. Marcus
Cover of the book The Philosophy of Economics by Alfred A. Marcus
Cover of the book Vygotsky in Perspective 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