Paul Spee – författare

Reinsurance is a financial market that trades in the risk of unpredictable and devastating disasters - such as Hurricane Katrina, the Tohoku earthquake and tsunami, and the terrorist attacks on the World Trade Centre. Such disasters are increasing in both frequency and severity, with the cost of their losses mounting rapidly. Reinsurance insures insurance companies, enabling them to pay claims arising from these losses. It is thus a market mechanism that is acritical part of the social and economic safety net, helping to pick up the pieces after disasters. Yet, how is the risk of such disasters calculated and traded in a global market?This book brings to life the reinsurance market through vivid real-life tales that draw from an ethnographic, "fly-on-the-wall" study of the global reinsurance industry over three annual cycles. The authors shadowed underwriters around the world as they traded risks through multiple disasters. For instance, this book takes readers into the desperate hours of pricing Japanese risks during March 2011, while the devastating aftermath of the Tohoku earthquake is unfolding. To show how the marketworks, the book offers authentic tales gathered from observations of reinsurers in Bermuda, Lloyd''s of London, Continental Europe and SE Asia as they evaluate, price and compete for different risks as part of their everyday practice.Understanding how this market for disasters works has never been more critical given the impact of climate change and increased global connectivity, where a flood in one country can trigger losses to supply chains around the world. The authors develop a novel concept of how global markets work, which advances scholarship and challenges current thinking about how financial markets trade in intangible assets such as risk.This book will be useful to readers interested in markets for disasters, insurance, reinsurance and financial markets, and academics interested in the practice of financial markets specifically or the practice of strategy and organizations generally.

Reinsurance is a financial market that trades in the risk of unpredictable and devastating disasters - such as Hurricane Katrina, the Tohoku earthquake and tsunami, and the terrorist attacks on the World Trade Centre. Such disasters are increasing in both frequency and severity, with the cost of their losses mounting rapidly. Reinsurance insures insurance companies, enabling them to pay claims arising from these losses. It is thus a market mechanism that is a critical part of the social and economic safety net, helping to pick up the pieces after disasters. Yet, how is the risk of such disasters calculated and traded in a global market? This book brings to life the reinsurance market through vivid real-life tales that draw from an ethnographic, "fly-on-the-wall" study of the global reinsurance industry over three annual cycles. The authors shadowed underwriters around the world as they traded risks through multiple disasters. For instance, this book takes readers into the desperate hours of pricing Japanese risks during March 2011, while the devastating aftermath of the Tohoku earthquake is unfolding. To show how the market works, the book offers authentic tales gathered from observations of reinsurers in Bermuda, Lloyd's of London, Continental Europe and SE Asia as they evaluate, price and compete for different risks as part of their everyday practice. Understanding how this market for disasters works has never been more critical given the impact of climate change and increased global connectivity, where a flood in one country can trigger losses to supply chains around the world. The authors develop a novel concept of how global markets work, which advances scholarship and challenges current thinking about how financial markets trade in intangible assets such as risk. This book will be useful to readers interested in markets for disasters, insurance, reinsurance and financial markets, and academics interested in the practice of financial markets specifically or the practice of strategy and organizations generally.

Reinsurance is a financial market that trades in the risk of unpredictable and devastating disasters - such as Hurricane Katrina, the Tohoku earthquake and tsunami, and the terrorist attacks on the World Trade Centre. Such disasters are increasing in both frequency and severity, with the cost of their losses mounting rapidly. Reinsurance insures insurance companies, enabling them to pay claims arising from these losses. It is thus a market mechanism that is a critical part of the social and economic safety net, helping to pick up the pieces after disasters. Yet, how is the risk of such disasters calculated and traded in a global market? This book brings to life the reinsurance market through vivid real-life tales that draw from an ethnographic, "fly-on-the-wall" study of the global reinsurance industry over three annual cycles. The authors shadowed underwriters around the world as they traded risks through multiple disasters. For instance, this book takes readers into the desperate hours of pricing Japanese risks during March 2011, while the devastating aftermath of the Tohoku earthquake is unfolding. To show how the market works, the book offers authentic tales gathered from observations of reinsurers in Bermuda, Lloyd's of London, Continental Europe and SE Asia as they evaluate, price and compete for different risks as part of their everyday practice. Understanding how this market for disasters works has never been more critical given the impact of climate change and increased global connectivity, where a flood in one country can trigger losses to supply chains around the world. The authors develop a novel concept of how global markets work, which advances scholarship and challenges current thinking about how financial markets trade in intangible assets such as risk. This book will be useful to readers interested in markets for disasters, insurance, reinsurance and financial markets, and academics interested in the practice of financial markets specifically or the practice of strategy and organizations generally.

This comprehensive Encyclopedia of Strategy as Practice provides an entry point for exploring the different dimensions of the strategy-as-practice (SAP) perspective on strategy. This perspective implies a fundamental shift in our understanding of strategy – treating strategy as something people do rather than something that firms have.Designed both for readers new to and familiar with SAP, the Encyclopedia features 186 entries written by experts in the field. The entries are structured into six carefully curated sections, which outline the relevant theories, concepts, methods, and phenomena, discuss the relation to adjacent research approaches and map the global community infrastructure supporting SAP-related research, teaching and practice.With its overview of SAP research and its scholarly network, this Encyclopedia serves as a valuable resource for students and researchers in business and management, organization studies, strategic management, and organizational sociology. Practitioners and professionals will also find practical insights grounded in the latest theoretical developments.Key Features:Includes 186 entries written by experts in the field providing a comprehensive overview of strategy-as-practice research and its communityOffers in-depth insights into the relevant theories, theorists and concepts, as well as the relations to adjacent research approaches such as Attention Based View, Leadership as Practice, Resource Based View and Strategic LeadershipExplores emergent areas of research, including new SAP-related phenomena such as Artificial Intelligence, Climate Change, Gender, Sustainability, and Open Strategy

The concepts of practice and institution are of longstanding importance across the social sciences. This double-volume builds directly on the scholarship of Theodore Schatzki and Roger Friedland, to map out new theoretical and empirical directions at the interface between the practice and institutional “logics” literatures in organizational sociology, bridging the two perspectives.Volume 70 of Research in the Sociology of Organizations focuses on theoretical development including two major, and complementary, theoretical statements by Schatzki and Friedland that engage key ontological issues which lay the groundwork for how their approaches to practice and institutions can be generatively connected.

The concepts of practice and institution are of longstanding importance across the social sciences. This double-volume builds directly on the scholarship of Theodore Schatzki and Roger Friedland, to map out new theoretical and empirical directions at the interface between the practice and institutional “logics” literatures in organizational sociology, bridging the two perspectives.Volume 70 of Research in the Sociology of Organizations focuses on theoretical development including two major, and complementary, theoretical statements by Schatzki and Friedland that engage key ontological issues which lay the groundwork for how their approaches to practice and institutions can be generatively connected.

The concepts of practice and institution are of longstanding importance across the social sciences. This double-volume builds directly on the scholarship of Theodore Schatzki and Roger Friedland, to map out new theoretical and empirical directions at the interface between the practice and institutional “logics” literatures in organizational sociology, bridging the two perspectives.Volume 70 of Research in the Sociology of Organizations focuses on theoretical development including two major, and complementary, theoretical statements by Schatzki and Friedland that engage key ontological issues which lay the groundwork for how their approaches to practice and institutions can be generatively connected.

The concepts of practice and institution are of longstanding importance across the social sciences. This double-volume builds directly on the scholarship of Theodore Schatzki and Roger Friedland, to map out new theoretical and empirical directions at the interface between the practice and institutional “logics” literatures in organizational sociology, bridging the two perspectives. Volume 71 of Research in the Sociology of Organizations highlights a multitude of empirical directions suggesting particularly intriguing focal points for the emergent research agenda. The enclosed chapters grapple with issues related to the relationship of the symbolic and material aspects of culture and draw on a variety of empirical contexts (e.g. Islamic banking, Chinese manufacturing, and social innovation) to suggest different ways in which we might study social change at the interface of practice and institution.

The concepts of practice and institution are of longstanding importance across the social sciences. This double-volume builds directly on the scholarship of Theodore Schatzki and Roger Friedland, to map out new theoretical and empirical directions at the interface between the practice and institutional “logics” literatures in organizational sociology, bridging the two perspectives. Volume 71 of Research in the Sociology of Organizations highlights a multitude of empirical directions suggesting particularly intriguing focal points for the emergent research agenda. The enclosed chapters grapple with issues related to the relationship of the symbolic and material aspects of culture and draw on a variety of empirical contexts (e.g. Islamic banking, Chinese manufacturing, and social innovation) to suggest different ways in which we might study social change at the interface of practice and institution.

The concepts of practice and institution are of longstanding importance across the social sciences. This double-volume builds directly on the scholarship of Theodore Schatzki and Roger Friedland, to map out new theoretical and empirical directions at the interface between the practice and institutional “logics” literatures in organizational sociology, bridging the two perspectives. Volume 71 of Research in the Sociology of Organizations highlights a multitude of empirical directions suggesting particularly intriguing focal points for the emergent research agenda. The enclosed chapters grapple with issues related to the relationship of the symbolic and material aspects of culture and draw on a variety of empirical contexts (e.g. Islamic banking, Chinese manufacturing, and social innovation) to suggest different ways in which we might study social change at the interface of practice and institution.

The world is always in flux. Stability is only a product of the moment and needs to be actively accomplished. Recognising that Routine Dynamics research has been at the forefront of this movement to understand the balance between stability and change in organizations, this volume of Research in the Sociology of Organizations delves into the realm of organizational routines within a continuously evolving society.Elaborating on themes such as temporality, improvisation, process and multiplicity, power and political dynamics, and scale, the contributors provide a comprehensive exploration of routines in a world marked by constant change. The papers provide readers with a deep understanding of how routines adapt, evolve, and persist in the face of flux.Exploring the power of routines in navigating our increasingly complex world, this volume argues that routines are as much engines of change as they are of stability, and that organizations are in a position to benefit from both.