Book contents
- Strategies for Managing Uncertainty
- Organizations and the Natural Environment
- Strategies for Managing Uncertainty
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgments
- Introduction
- Part I The Problem
- Part II Challenges in Major Sectors
- Part III Oil and Natural Gas Company Strategies
- Part IV Motor Vehicle Company Strategies
- Part V Conclusion
- 16 Oil and Gas Companies’ Strategic Moves 2017–2018
- 17 Motor Vehicles Companies’ Strategic Moves 2017–2018
- 18 Ambivalence, Paradox, and Hedging
- Bibliography
- Index
18 - Ambivalence, Paradox, and Hedging
from Part V - Conclusion
Published online by Cambridge University Press: 18 March 2019
Book contents
- Strategies for Managing Uncertainty
- Organizations and the Natural Environment
- Strategies for Managing Uncertainty
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Acknowledgments
- Introduction
- Part I The Problem
- Part II Challenges in Major Sectors
- Part III Oil and Natural Gas Company Strategies
- Part IV Motor Vehicle Company Strategies
- Part V Conclusion
- 16 Oil and Gas Companies’ Strategic Moves 2017–2018
- 17 Motor Vehicles Companies’ Strategic Moves 2017–2018
- 18 Ambivalence, Paradox, and Hedging
- Bibliography
- Index
Summary
This chapter summarizes how companies in the energy responded to risks and uncertainties by hedging their bets. They experienced ambivalence, engaged in paradoxical behaviors, and instituted a complex set of hedges to protect them from failure and enable them under the best of circumstances to succeed.
- Type
- Chapter
- Information
- Strategies for Managing UncertaintyBooms and Busts in the Energy Industry, pp. 514 - 524Publisher: Cambridge University PressPrint publication year: 2019