A gray rhi is a highly probable, imminent threat; we can see the dust cloud on the horizon long before the charging animal comes into view. Gray rhis are t random, but occur after a series of warnings and visible events. The Lehman Brothers crash of 2008, the devastating aftermath of Hurricane Sandy and other natural disasters, the file-sharing that presaged the collapse of the traditional music business model, the rising chaos in the Middle East...all were evident well in advance of the consequences. Gray rhis are much easier to spot and guard against than black swans - the rare, truly unforeseen catastrophes. Why then, when faced with solvable problems, do we continually fail to address them before they spiral out of control? Drawing on her extensive background in policy formation and crisis management, as well as in-depth interviews with leaders from around the world, Michele Wucker explains in The Gray Rhi how significant crises can be recognized and countered strategically. Filled with persuasive stories, real-world examples, and practical advice, The Gray Rhi is essential reading for managers, investors, planners, policy makers, and anyone who wants to understand how change really occurs.
Michele Wucker is the author of Lockout: Why America Keeps Getting Immigration Wrong When Our Prosperity Depends on Getting It Right and Why the Cocks Fight: Dominicans, Haitians, and the Struggle for Hispaniola. Wucker has been recognized as a 2009 Young Global Leader of the World Economic Forum and a 2007 Guggenheim Fellow. She has held positions including president of the New York City-based World Policy Institute; vice president of studies at The Chicago Council on Global Affairs; and Latin America bureau chief at International Financing Review. She has written for The New York Times, CNN, Washington Post, Wall Street Journal, and World Policy Journal, among others. She lives in Chicago.