Time To Rethink Risk Management: Surviving Future Global Crises

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Release : 2023-03-10
Genre : Business & Economics
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Book Rating : 503/5 ( reviews)

Time To Rethink Risk Management: Surviving Future Global Crises - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Time To Rethink Risk Management: Surviving Future Global Crises write by Tony Bendell. This book was released on 2023-03-10. Time To Rethink Risk Management: Surviving Future Global Crises available in PDF, EPUB and Kindle. 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.

Time to Rethink Risk Management

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Author :
Release : 2023
Genre : Risk management
Kind :
Book Rating : 481/5 ( reviews)

Time to Rethink Risk Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Time to Rethink Risk Management write by Tony Bendell. This book was released on 2023. Time to Rethink Risk Management available in PDF, EPUB and Kindle. 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.

Global Risk and Contingency Management Research in Times of Crisis

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Release : 2022-06-24
Genre : Business & Economics
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Book Rating : 812/5 ( reviews)

Global Risk and Contingency Management Research in Times of Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Risk and Contingency Management Research in Times of Crisis write by Vajjhala, Narasimha Rao. This book was released on 2022-06-24. Global Risk and Contingency Management Research in Times of Crisis available in PDF, EPUB and Kindle. Risks can be identified, evaluated, and mitigated, but the underlying uncertainty remains elusive. Risk is present across all industries and sectors. As a result, organizations and governments worldwide are currently experiencing higher levels of risk and have had to make risky decisions during times of crisis and instability, including the COVID-19 pandemic, economic and climate perils, and global tensions surrounding terrorism. It is essential that new studies are undertaken to understand strategies taken during these times to better equip business leaders to navigate risk management in the future. Global Risk and Contingency Management Research in Times of Crisis examines the impact of crises including the COVID-19 pandemic, which has tested organizational risk and contingency management plans. It provides significant insights that should benefit business leaders on risk and contingency management in times of crisis. It emphasizes strategies that leaders can undertake to identify potential future risks and examines decisions made in past crises that can act as examples of what to do and what not to do during future crisis events. Covering topics such as auditing theories, risk assessment, and educational inequality, this premier reference source is a crucial resource for business leaders, executives, managers, decision makers, policymakers, students, government officials, entrepreneurs, librarians, researchers, and academicians.

Risk Management in Crisis

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Release : 2021-08-19
Genre : Business & Economics
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Book Rating : 265/5 ( reviews)

Risk Management in Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Risk Management in Crisis write by Piotr Jedynak. This book was released on 2021-08-19. Risk Management in Crisis available in PDF, EPUB and Kindle. Risk management is a domain of management which comes to the fore in crisis. This book looks at risk management under crisis conditions in the COVID-19 pandemic context. The book synthesizes existing concepts, strategies, approaches and methods of risk management and provides the results of empirical research on risk and risk management during the COVID-19 pandemic. The research outcome was based on the authors’ study on 42 enterprises of different sizes in various sectors, and these firms have either been negatively affected by COVID-19 or have thrived successfully under the new conditions of conducting business activities. The analysis looks at both the impact of the COVID-19 pandemic on the selected enterprises and the risk management measures these enterprises had taken in response to the emerging global trends. The book puts together key factors which could have determined the enterprises’ failures and successes. The final part of the book reflects on how firms can build resilience in challenging times and suggests a model for business resilience. The comparative analysis will provide useful insights into key strategic approaches of risk management. The Open Access version of this book, available at http://www.taylorfrancis.com/books/oa-mono/10.4324/9781003131366/ has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license.

Crisis Wasted?

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Release : 2015-12-14
Genre : Business & Economics
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Book Rating : 85X/5 ( reviews)

Crisis Wasted? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Crisis Wasted? write by Frances Cowell. This book was released on 2015-12-14. Crisis Wasted? available in PDF, EPUB and Kindle. 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.