Time To Rethink Risk Management

Author : Tony Bendell
Publisher : World Scientific Publishing Company
ISBN 13 : 9789811264481
Total Pages : 0 pages
Book Rating : 4.81/5 ( download)

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Download or read book Time to Rethink Risk Management written by Tony Bendell and published by World Scientific Publishing Company. This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to change thinking about crises and risk. Risk management is today both a great success, an impressive achievement, and a notable failure. It works, and it doesn't work. It saves lives and property, and it fails to save lives and property. It helps and it hinders. Like all such management approaches, this has a lot to do with how it is employed and practiced, but in the case of risk management there is also a much more fundamental issue. The risk management framework, the risk management model, is wrong. Many organisations today treat all risks as point events, when the real risks involve systemic threats inherent in the global economy, and the uncertain nature of global society. The book argues that risk management has come a long way, but that evidence of its more recent failure is now all around us and that it needs to now change dramatically if it is to accommodate current realities. Whilst there is a clear need for us all to manage risk through a crisis, there is a lack of understanding of the nature of crises that is impeding progress. As well as providing a conceptual basis for changing the way risk management is undertaken, the book provides a blueprint for managing at organisational level through a global crisis, and, to a more limited extent, at government and other levels; how to prepare, what to do when it's happening and how and when to emerge into the post-crisis world.

Author : Tony Bendell
Publisher : World Scientific
ISBN 13 : 9811264503
Total Pages : 185 pages
Book Rating : 4.04/5 ( download)

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Download or read book Time To Rethink Risk Management: Surviving Future Global Crises written by Tony Bendell and published by World Scientific. This book was released on 2023-03-10 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purpose of this book is to change thinking about crises and risk. Risk management is today both a great success, an impressive achievement, and a notable failure. It works, and it doesn't work. It saves lives and property, and it fails to save lives and property. It helps and it hinders. Like all such management approaches, this has a lot to do with how it is employed and practiced, but in the case of risk management there is also a much more fundamental issue. The risk management framework, the risk management model, is wrong. Many organisations today treat all risks as point events, when the real risks involve systemic threats inherent in the global economy, and the uncertain nature of global society.The book argues that risk management has come a long way, but that evidence of its more recent failure is now all around us and that it needs to now change dramatically if it is to accommodate current realities. Whilst there is a clear need for us all to manage risk through a crisis, there is a lack of understanding of the nature of crises that is impeding progress. As well as providing a conceptual basis for changing the way risk management is undertaken, the book provides a blueprint for managing at organisational level through a global crisis, and, to a more limited extent, at government and other levels; how to prepare, what to do when it's happening and how and when to emerge into the post-crisis world.

Author : Rick Nason
Publisher : Business Expert Press
ISBN 13 : 1631575422
Total Pages : 134 pages
Book Rating : 4.26/5 ( download)

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Download or read book Rethinking Risk Management written by Rick Nason and published by Business Expert Press. This book was released on 2017-02-28 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk management has become a key factor of successful organizations. Despite risk management's importance, outdated and inappropriate ideas about how to manage risk dominate. This book challenges existing paradigms of risk management and provides readers with new concepts and tools for the current dynamic risk management environment. The framework for the book is a series of questions that allows for an interesting and thought-provoking look at current ideas and forward-looking concepts. This book, intended for senior managers, directors, risk managers, students of risk management, and all others who need to be concerned about risk management and strategy, provides a solid base for not only understanding current best practice in risk management, but also the conceptual tools for exploiting emerging risk management technologies, metrics, regulations, and ideas. The central thesis is that risk management is a value-adding activity that all types of organizations, public, private as well as not-for-profit, can use for competitive advantage and maximum effectiveness.

Author : Andreas Paul Zischg
Publisher : Elsevier
ISBN 13 : 012823010X
Total Pages : 316 pages
Book Rating : 4.07/5 ( download)

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Download or read book Flood Risk Change written by Andreas Paul Zischg and published by Elsevier. This book was released on 2022-08-30 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Flood Risk Change: A Complexity Perspective focuses on the dynamic nature of flood risks and follows a systemic approach - including environmental, socioeconomic and socio-technical factors for modeling and managing flood risk change. Readers will gain a more complete picture of the topic for understanding the complexity of flood risk change, both from human and natural causes of flooding. The book includes a mix of theory (introduction to complex system science from the flood risk management perspective) and case studies. It features maps and figures focusing on the system components as well as on the dynamic interactions between the drivers of change. Researchers studying flood risk, environmental engineering, disaster risk reduction, and land use, as well as those in industry and responsible for policy, will find this an invaluable resource. Comprehensive overview of key drivers of change, including both natural drivers and socioeconomic drivers Presents different modeling frameworks and setups for considering complexity in flood risk analysis and management Includes both theoretical research and practical applications as told through case studies

Author : Norman Marks
Publisher :
ISBN 13 : 9781893210332
Total Pages : pages
Book Rating : 4.32/5 ( download)

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Download or read book World-Class Risk Management for Nonprofits written by Norman Marks and published by . This book was released on 2017-09-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : H. Felix Kloman
Publisher : Xlibris Corporation
ISBN 13 : 1436302269
Total Pages : 133 pages
Book Rating : 4.65/5 ( download)

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Download or read book The Fantods of Risk written by H. Felix Kloman and published by Xlibris Corporation. This book was released on 2008 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fantods of Risk is a collection of essays from the pages of Risk Management Reports, which the author edited, wrote and published from 1974 through 2007, plus several other published articles. The subject is risk management, a discipline for dealing with uncertainty in our personal and organizational lives. They continue the author's contrary and challenging approach to managing risk, first started in Risk Management Reports and later in Mumpsimus Revisited, published in 2005.

Author : Frances Cowell
Publisher : John Wiley & Sons
ISBN 13 : 111911585X
Total Pages : 392 pages
Book Rating : 4.54/5 ( download)

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Download or read book Crisis Wasted? written by Frances Cowell and published by John Wiley & Sons. This book was released on 2015-12-14 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective risk management in today’s ever-changing world Crisis Wasted? Leading Risk Managers on Risk Culture sheds light on today’s risk management landscape through a unique collection of interviews from risk leaders in both the banking and investment industries. These interviews zero in on the risk culture of organisations, effective risk management in practice, and the sometimes paradoxical effects of new regulations and how they affect decision-making in financial organisations They offer genuine insight into regulatory processes and priorities and their implications for the stability of the global financial system. As trending topics in the risk management field, each of these subject areas is relevant to the work of today’s risk management professionals. In addition to the forward-focused text, this reference provides access to a wealth of premium online content. Risk management has become an area of focus for companies since the financial crises that shook the international community over the past decade, but, despite high levels of introspection and changes to key processes, many financial houses are still experiencing large losses. Understanding today’s risk environment can help you improve risk management tactics. Access essential information both in print and online Discover the most important topics in today’s risk management field Explore interviews with 1 risk management leaders Learn about ground-breaking recent innovations in risk management thinking Crisis Wasted? Leading Risk Managers on Risk Culture is an integral resource for professionals responsible for minimising organisational risk, as well as those who want to better understand the risk culture of today’s world.

Author : Keith Baxter
Publisher : Pearson UK
ISBN 13 : 0273761684
Total Pages : 206 pages
Book Rating : 4.86/5 ( download)

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Download or read book Risk Management: Fast Track to Success written by Keith Baxter and published by Pearson UK. This book was released on 2012-09-26 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: EVERYTHING YOU NEED TO ACCELERATE YOUR CAREER A complete resource to show you get ahead as a manager faster by gaining a clearer understanding of risk management. Fast Track to Success brings together the latest business thinking, practical techniques and cutting edge online material. Risk management has become a hot topic since the economic downturn. By the end of 2009 half of all companies employed a dedicated risk manager, compared with only12% in 2008. Fast Track to Success: Risk Management shows you how to quickly assess your current state of risk management effectiveness using a simple framework. It goes on to show you how to develop your own approach to risk management. FAST TRACK books all feature the following: - A combination of skills development and career development that includes a framework to help you develop your career as well as produce terrific results. - A clear structure which makes it easy to navigate information quickly. Summaries, quick tips, FAQs and Expert Voices help you find information quickly. - Fresh, contemporary full colour design. - Real life stories to give examples of what works and critically what doesn’t. - Custom-designed, highly interactive companion website www.fast-track-me.com

Author : Michael Power
Publisher : Demos Medical Publishing
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.32/5 ( download)

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Download or read book The Risk Management of Everything written by Michael Power and published by Demos Medical Publishing. This book was released on 2004 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: The report describes the development of a new risk management culture within professions, companies and governments. The obsession with managing risk is creating organisations which are not so much risk averse as ‘responsibility averse’. In medicine, doctors are practising ‘defensive medicine’ where opinions are heavily qualified with caveats and patients left to make big decisions. The report also refers to growing evidence that since Enron’s failure, major accountancy firms are declining to work with ‘high risk’ clients - the very ones that should be thoroughly audited. “When disclaimer paragraphs are longer than the professional opinions they follow, we know something has gone wrong,” says author Professor Michael Power, a director of the ESRC Centre for Analysis of Risk and Regulation at the London School of Economics. “In the interests of transparency, small print should be made large and ruled out as a secondary risk management ploy. “The trends in professions such as medicine and auditing signal a withdrawal of individual judgement from the public. Minimal records are kept, staff are cautioned about the use of email, and normal correspondence is littered with disclaimers. The risk management of everything implies a society of ‘small print’.” Power sees the rise of the ‘risk management of everything’ as a related trend to the audit culture, which included the government’s now widely criticised love of targets as a policy tool. The Audit Explosion, Power’s previous Demos pamphlet, predicted that the overuse of audit leads to a focus on measurable outputs rather than real outcomes. “The most influential dimension of the audit explosion is the process by which [organisations] are made auditable and structured to conform to the need to be monitored,” Power wrote in 1994. Power’s new book argues that risk management is the ‘new audit’ and is having a similar distorting effect on the performance of professionals, companies and government.

Author : Vlasta Molak
Publisher : CRC Press
ISBN 13 : 1439821976
Total Pages : 496 pages
Book Rating : 4.78/5 ( download)

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Download or read book Fundamentals of Risk Analysis and Risk Management written by Vlasta Molak and published by CRC Press. This book was released on 1996-11-26 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book bridges the gap between the many different disciplines used in applications of risk analysis to real world problems. Contributed by some of the world's leading experts, it creates a common information base and language for all risk analysis practitioners, risk managers, and decision makers. Valuable as both a reference for practitioners and a comprehensive textbook for students, Fundamentals of Risk Analysis and Risk Management is a unique contribution to the field. Its broad coverage ranges from basic theory of risk analysis to practical applications, risk perception, legal and political issues, and risk management.