Chapter 1: From Risk to Vulnerability.- Chapter 2: The Ant and the Grasshopper – a Business Story.- Chapter 3: Everything is economics.- Chapter 4: Assessing the vulnerability of a business: the state of its health.- Chapter 5: The immune system.- Chapter 6: The immune system and corporate vulnerability.- Chapter 7: Operational risk and immune system.- Chapter 8: The Internal Control Risk Management System (ICRMS).- Chapter 9: The classification of risks and the activities that make up Risk Management.- Chapter 10: Case Studies.
Alessandro Capocchi is a Full Professor of Business Economics at the University of Milano Bicocca (Milan). He currently lectures Business Economics in the first year of the bachelor’s degree in Economics and Business Administration; and Risk Management in the master’s degree in Business- Economics Science. He is currently a member of the technical unit for evaluating project proposals presented in the context of the European Social Fund 2014-2020 operational program and the European social fund plus 2021-2027 program. Autonomous Province of Trento – Italy.
He is a Co-Founder and Chairman of MIndLab SRL – A spinoff of the University of Milano Bicocca. With Mr. Giuseppe Caprotti in 2016, he created the Observatory on new entrepreneurship. He is a member of AIDEA (Italian Association of Business Economics), SISR (Italian Society of Accounting History), and SIDREA (Italian Society of Accounting and Business Economics). In the US, he is a member of ANAHEI Association of North America Higher Education International.
This book addresses the theme of complexity from an innovative perspective, assigning a central role to the dimension of the vulnerability of contemporary business and socioeconomic systems. The dimension of vulnerability has taken on great importance after the recent events of the COVID-19 pandemic and the conflict in Ukraine. Events have demonstrated how, in a short time, a stable scenario can change to jeopardize the entire estate of complex systems. These events also revealed how quickly a threat could spread worldwide. For these reasons, the book focuses on the need to change the approach from risk management to vulnerability management that focuses on the immune system associated with contemporary business and socioeconomic systems.
This book highlights the importance of pursuing policies to strengthen the immune systems to guarantee companies’ continuity and survival, like how we seek to immunize human beings against pathological risk.
Alessandro Capocchi is a Full Professor of Business Economics at the University of Milano Bicocca (Milan). He lectures on Business Economics and Risk Management.