Vulnerability and the Corporate Immune System

Companies are exposed to a large number of risks from different sources such as globalization, deregulation, environmental changes, technological changes, complicated financial models, and corporate governance changes. 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.