Risky Business: Corruption Fraud Terrorism and Other Threats to Global Business [Hardback]

* International business has become security sensitive since 9/11. Here are questions business leaders should be asking, along with some answers.* Equally applicable at home b" "Homeland Security."* Based on the authors' twenty years of experience in analyzing and advising on risk situations in overseas markets.* Illustrated with case studies.* Country by country analyses.At a time when US businesses are inundated with messages of new threats every day, this book tells people what to do about them. Poole-Robb and Bailey spellout what the risks are; that they are real; and what to do about them.The terrorist outrages of 11 September 2001 and the rapid collapse of Enron and WorldCom, among others, highlight the uncomfortable fact that business and business people are subject to risks much broader and often more personally hazardous than those studied at business school."Risky Business" explains in detail the nature of risk in the global community and provides country by country analyses showing the extent and severity of local risk.Risks to organizations and their employees are not confined to the actions of a few fanatical terrorists or frauds. They encompass a range of activities arising from different cultures and attitudes. They stem from the willingness or otherwise of governments to strengthen weaknesses in policing, judicial systems and anti-terrorism and to stamp out organized crime, corruption, unfair trading, cronyism, bureaucracy and civil unrest. All of these things exist to some degree in every country of the world. Through its international network b" both official and clandestine b" Stuart Poole-Robb's company, the Merchant International Group (MIG), has developed anunparalleled knowledge of the risks facing international businesses and those employed by them. That information is the basis of this book. It explains in detail the nature of risk and provides country analysis showing the extent and severity of local risk. It also proposes a series of defenses against these risks b"through careful assessment, staff awareness, good business practice and practical measures such as building design and use of security equipment. Topics covered include: Defining "gray area" risks, Risk reduction strategies for international investment, Different cultures: misconceptions and business integration, Bureaucracy and corruption, Risky legal regimes, Organized crime and its effects on trade, Ethical/unethical business practice, Asset and personnel security issues, Defense against terrorism, kidnapping etc., Defense against hacking/IT security, Global/regional disaster scenarios, and Hot-spots: a country-by-country analysis of risk by type.In addition, special case studies include Burma, Indonesia, South Korea, Poland, Russia, Ukraine, the European Union, Royal Dutch/Shell and industrial espionage.