image: András Tilcsik is an assistant professor of strategic management at the Rotman School of Management and a faculty fellow at the Michael Lee-Chin Family Institute for Corporate Citizenship. He studies the organizational aspects of work, employment, and occupations. His research has been recognized with awards from the American Sociological Association and has been cited in testimonies to U.S. Congress and in media outlets like The New York Times, The Economist, The New Yorker, The Washington Post, and Forbes. At Rotman, András teaches an MBA and undergraduate course on catastrophic failure in organizations and a Ph.D. seminar on economic sociology. He has received teaching awards from the Rotman School and its governing MBA student body, the Graduate Business Council. view more
Credit: University of Toronto
Toronto - A book proposal on managing the risk of catastrophic failure has won the Bracken Bower Prize sponsored by the Financial Times and McKinsey.
The proposal by András Tilcsik, a professor from the University of Toronto's Rotman School of Management, along with his co-author, Christopher Clearfield won the prize for the best business book proposal by an author under the age of 35. The prize was announced last night at an awards dinner in New York where the Financial Times best business book of the year was also selected.
Tilcsik is an Assistant Professor of Strategic Management and a Fellow at the Michael Lee-Chin Family Institute for Corporate Citizenship at the Rotman School. Clearfield is a principal at System Logic, an independent research and consulting firm. Their proposal, 'Rethinking the Unthinkable: Managing the Risk of Catastrophic Failure in the Twenty-First Century,' was one of three finalists for the prize, out of nearly ninety submissions. An excerpt from their proposal can be read online at FT.com.
"Our proposal is about the changing nature of catastrophic risk -- and why existing organizational practices are no longer sufficient in this shifting risk landscape. We hope our research will help managers of organizations of all kinds rethink the unthinkable and build more robust systems. We are grateful to the Financial Times and McKinsey for creating this great initiative and supporting young writers, and to the judges for believing in our project and encouraging us to develop it into a book," say Tilcsik and Clearfield.
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Christopher Clearfield is a principal at System Logic, an independent research and consulting firm focusing on the challenges posed by risk and complexity. Previously, he worked as a derivatives trader at a proprietary trading firm in New York, Tokyo, and Hong Kong, where he analysed and devised mitigations for the financial and regulatory risks inherent in the business of technologically complex high-speed trading. He has written about catastrophic failure, technology, and finance for The Guardian, Forbes, the Harvard Kennedy School Review, the popular science magazine Nautilus, and the Harvard Business Review blog. He holds an A.B. from Harvard College, where he studied physics and biology, and is a licensed pilot.
András Tilcsik is an Assistant Professor of Strategic Management at the University of Toronto's Rotman School of Management and a Fellow at the Michael Lee-Chin Family Institute for Corporate Citizenship. His research has been published in leading scholarly journals, cited in testimonies to committees of the U.S. Congress, and recognized with awards from the American Sociological Association. At the Rotman School, he has developed "Catastrophic Failure in Organizations," an award-winning elective course, which he teaches to MBA and undergraduate business students. A native of Hungary, he completed his Ph.D., A.M., and A.B. at Harvard University.
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