Mastering Strategic Risk: A Framework for Leading and Transforming Organizations

Chapter 10 The Shining Moment: Unlocking the Potential and Promise of the Twenty-First Century

We possess the wherewithal to create a world of unlimited possibilities, as the twenty-first century has ushered in a period of unique opportunity. When we also consider the pace, rate, and intensity of commercial activities, we live in an era where mastering risk will only intensify as we move forward into the future. Our evolved understanding of how the world works and our capabilities today supports this opportunity and allows us to create a promising future. To move forward with confidence and a strong sense of assuredness, we must consciously, and with intent, create the type of world we desire. At the forefront of this challenge is the role and importance of the twenty-first-century organization. Because so much is at stake, we can no longer squander precious resources and the wonderful opportunity at hand. We are running out of time!

Henry Ford: Riding the Wave of Converging Forces

Known as the father of the automotive industry, Henry Ford was a transcending figure. He was a man whose vision not only significantly influenced his time but can still be felt today. Ford believed that cars should be affordable for the middle class and once proclaimed, “I will build a motor car for the great multitude.” In 1908, he built the first Model T, which became known as the “everyman’s car.” Prior to the creation of the Model T, the automobile was a car only for the well-to-do. During ...