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4 of 4 people found the following review helpful
5.0 out of 5 stars An invaluable source of information, 3 Feb. 2005
This review is from: Risky Business: Corruption Fraud Terrorism and Other Threats to Global Business (Paperback)
I had the privilege of meeting Stuart and Alan and found them to be an invaluable resource for any business interest looking to expand its operations away from the tried and tested market placed. The concept of Grey Area Dynamics explains so much about how things can go wrong by ignoring those factors that lurk beneath the waterline.
If you are in the process of expanding your business, please read this book before you make the same mistakes as many other companies who have seen millions of pounds of investment disappear.
Thank you for an inspirational read
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4.0 out of 5 stars A Guide to Risk Evaluation in Complex Times, 20 Sept. 2008
By 
Gaurav Sharma (London, UK) - See all my reviews
(VINE VOICE)   
This review is from: Risky Business: Corruption Fraud Terrorism and Other Threats to Global Business (Paperback)
Sovereign Risk models in testing times such as the ones we presently live in have acquired a new and ever important meaning. So have assessing geopolitical scenarios and the risks they pose to global businesses. This book, authored in some detail by Stuart Poole-Robb and the late Alan Bailey, dwells on the nature of risks and provides country specific analysis showing the extent and severity of local risk alongside suggestions for defending one's business and its interests against such risks. Trawling through the book, I felt the authors rightly opine that there can be no 100% proofing against risks, but their hard nosed advice on identifying and assessing business risks is very sound.

Crucially, it highlights the pitfalls faced by companies operating away from their respective domestic markets and the cultural sensitivities they need to be aware of. Treatment of the usual suspects - terrorism, fraud, corruption, "global trouble spots" and regional attitudes is very objective.

However, what sets the book apart in some ways is the usage of what the authors describe as Grey Area Dynamics (GAD); a collection of descriptive notes on non-passive legal and illegal risk factors which are perhaps not generally evaluated in conventional due diligence and risk assessment. At least, that is what the authors' take on it is. Overall, a book worth reading if you or your company is exploring options of setting up operations or business abroad. Those, who are Risk analysts by trade, may also nod in approval on reading this book.
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