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Books > Reference & Interdisciplinary > Communication studies > Decision theory > Risk assessment
Risk communication helps companies, governments and institutions
minimise disputes, resolve issues and anticipate problems before
they result in an irreversible breakdown in communications. Without
good risk communication and good risk management, policy makers
have no roadmap to guide them through unforeseen problems, which
frequently derails the best policies and results in a breakdown in
communications and a loss of trust on behalf of those they are
trying hardest to persuade. Most policy makers still use outdated
methods - developed at a time before health scares like BSE,
genetically modified organisms and dioxin in Belgian chicken feed
eroded public confidence in industry and government - to
communicate policies and achieve their objectives. Good risk
communication is still possible, however. In this book, through the
use of a host of case studies from four countries, the author
identifies a series of methods that are set to work in a post trust
society.
In this book, Mark Jablonowski, author of Precautionary Risk
Management: Dealing with Catastrophic Loss Potentials in Business,
the Community and Society (Palgrave Macmillan 2006), identifies the
potential pitfalls of applying precautionary strategies to
high-stakes risks that have already become entrenched. Risk
dilemmas result, in which we find ourselves doomed if we do, doomed
if we don't. Instead, precaution must be applied on a precautionary
basis, considering alternative paths to progress that maintain
natural risk levels. Assessing and implementing such alternatives
may require a radical rethinking of the way we define progress, and
how we go about achieving it. The reward is 'Survival'.
The growing centrality of risk management in pro-market governance
raises important questions regarding how risks are produced, and
why? Who and what is included in, and excluded from, risk
management, and why? And, what is the relationship between the rise
of risk management and neoliberalism? Drawing on various political
economy approaches, this volume addresses these questions by
examining - both analytically and empirically - diverse meanings
and practices of risk management across a range of scales and
themes ranging from austerity to climate change to housing and
debt. The authors investigate the relationship between shifts in
contemporary capitalism and the ways in which neoliberal forms of
risk management have emerged, been reproduced and normalized, and,
transformed historically.
Risk management deals with prevention, decision-making, action
taking, crisis management and recovery, taking into account
consequences of unexpected events. The authors of this book are
interested in ecological processes, human behavior, as well as the
control and management of life-critical systems, which are
potentially highly automated.Three main attributes define
life-critical systems, i.e., safety, efficiency and comfort. They
typically lead to complex and time-critical issues and can belong
to domains such as transportation (trains, cars, aircraft), energy
(nuclear, chemical engineering), health, telecommunications,
manufacturing and services.The topics covered are related to risk
management principles, methods and tools, and include situation
awareness and the impact of new technology, reliability assessment:
human errors as well as system failures, emotions, procedures,
system monitoring, control and management, socio-organizational
issues of crisis occurrence and management, co-operative work
including human-machine cooperation and CSCW, responsibility and
accountability: task and function allocation, authority sharing,
interactivity, networking and management evolution and lessons
learned from Human-Centered Design.
Classes of socio-technical hazards allow a characterization of the
risk in technology innovation and clarify the mechanisms
underpinning emergent technological risk. Emerging Technological
Risk provides an interdisciplinary account of risk in
socio-technical systems including hazards which highlight: * How
technological risk crosses organizational boundaries, * How
technological trajectories and evolution develop from resolving
tensions emerging between social aspects of organisations and
technologies and * How social behaviour shapes, and is shaped by,
technology. Addressing an audience from a range of academic and
professional backgrounds, Emerging Technological Risk is a key
source for those who wish to benefit from a detail and methodical
exposure to multiple perspectives on technological risk. By
providing a synthesis of recent work on risk that captures the
complex mechanisms that characterize the emergence of risk in
technology innovation, Emerging Technological Risk bridges
contributions from many disciplines in order to sustain a fruitful
debate. Emerging Technological Risk is one of a series of books
developed by the Dependability Interdisciplinary Research
Collaboration funded by the UK Engineering and Physical Sciences
Research Council.
The Cold War Era left the major participants, the United States and
the former Soviet Union (FSU), with large legacies in terms of both
contamination and potential accidents. Facility contamination and
environmental degradation, as well as the accident vulnerable
facilities and equipment, are a result of weapons development,
testing, and production. Although the countries face similar issues
from similar activities, important differences in waste management
practices make the potential environmental and health risks of more
immediate concern in the FSU and Eastern Europe. In the West, most
nuclear and chemical waste is stored in known contained locations,
while in the East, much of the equivalent material is unconfined,
contaminating the environment. In the past decade, the U.S. started
to address and remediate these Cold War legacies. Costs have been
very high, and the projected cost estimates for total cleanup are
still increasing. Currently in Russia, the resources for starting
such major activities continue to be unavailable."
This book proposes a uniform logic and probabilistic (LP)
approach to risk estimation and analysis in engineering and
economics. It covers the methodological and theoretical basis of
risk management at the design, test, and operation stages of
economic, banking, and engineering systems with groups of
incompatible events (GIE). This edition includes new chapters
providing a detailed treatment of scenario logic and probabilistic
models for revealing bribes. It also contains clear definitions and
notations, revised sections and chapters, an extended list of
references, and a new subject index, as well as more than a hundred
illustrations and tables which motivate the presentation.
Introduction This book includes terms of reference and offers an
augmented volume of relevant work initiated within the
comprehensive concept of "Knowledge Management and Risk
Governance." The latter stood for the initial title of an ad-hoc
meeting held in Ascona, Switzerland, organized by the Technological
Risk Management Unit of the Joint Research Centre of the European
Commission (JRC) and the KOVERS Centre of Excellence in Risk and
Safety Sciences of the Swiss Federal Institute of Technology, ETH
Zurich. Background Risk governance, in addition to the continuous
interest of researchers, has recently attracted the attention of
policy-makers and the media and the concern of the public. New and
emerging risks in various fields and a number of risk-related
issues increased the public interest and prompted for a new
framework in dealing with risks. The Conference on Science and
Governance organized by the European Commission in October 2000 is
one of the international forums addressing this issue. Other recent
events such as the establishment of the International Risk
Governance Council outline the importance of the governance concept
in relation to that of risk management (see www.irgc.org). At the
same time noticeable progress has been made in Information
Technologies and Decision Support, passing from the process of
information PREFACE xvi to the process of knowledge. In this
context new tools and methods became available, whose application
in risk management may be beneficial.
This book presents a unique collection of contributions from some
of the foremost scholars in the field of risk and reliability
analysis. Combining the most advanced analysis techniques with
practical applications, it is one of the most comprehensive and
up-to-date books available on risk-based engineering. All the
fundamental concepts needed to conduct risk and reliability
assessments are covered in detail, providing readers with a sound
understanding of the field and making the book a powerful tool for
students and researchers alike. This book was prepared in honor of
Professor Armen Der Kiureghian, one of the fathers of modern risk
and reliability analysis.
'Brilliant and highly entertaining, this book is essential reading
for every leader, regardless of age or experience.' - Admiral
William McRaven, author of Make Your Bed -------- What if you could
learn how to expect the unexpected? In business, like in life,
foresight is crucial for avoiding pitfalls and disaster - and yet
it's something we spend nearly no time developing. Retired
four-star general Stan McChrystal has lived a life associated with
the deadly risks of combat; he has been forced to analyse and
prepare for situations he didn't even know were possible. As a
business consultant, he has seen how hundreds of individuals and
organizations - too often and to great cost - fail to mitigate
risk. Why? Because they focus on the probability of something
happening instead of the interface through which any and all risks
can be managed. In Risk: A User's Guide, McChrystal presents a new
system of responding to risk. He lays out ten dimensions of control
which we can adjust at any given time, no matter the context:
narrative, bias, action, timing, adaptability, communication,
technology, diversity, structure and leadership. Drawing on
compelling examples ranging from military history to the business
world, and offering infinitely practical exercises to improve
preparedness, McChrystal illustrates how these ten factors are
almost always in effect - and how, by considering them constantly,
individuals and organizations can exert mastery over every
conceivable sort of risk that they might face. We may not be able
to see into the future, but Risk gives us a framework for improving
our resistance and building a strong defense against what we know
-- and what we don't. -------- 'A brilliant user's guide that
demonstrates how managing risk is about how we lead, rather than
getting mathematical equations right.' - Annie Duke, bestselling
author of Thinking In Bets and How To Decide 'Measured, meticulous,
and filled with practical, pragmatic wisdom from both war and
peace, McChrystal's clear-eyed, unsentimental guidance cuts to the
heart of our precarious existence. A must-read leadership bible.' -
James Kerr, bestselling author of Legacy 'An essential playbook on
mastering all dimensions of risk. For soldiers, educators, CEOs,
entrepreneurs, government leaders, and everyone in between.' -
Keith Krach, former Undersecretary of State and CEO of DocuSign
Water resources, both in terms of water quality and water quantity,
are of critical importance in planning for sustainable development
in Central Asia and the Caucasus, as well as in other parts of the
world. This NATO Advanced Research Workshop (ARW), entitled "Risk
Assessment as a Tool for Water Resources Decision-Making in Central
Asia", was conducted on September 23-25, 2002 in Almaty,
Kazakhstan. The ARW addressed methods and approaches by which risk
assessment methodology that has been developed in the United
States, Europe and elsewhere can be applied to environmental and
water resource problems in Central Asia. The stated goals of the
ARWwere: * to assess the existing state of knowledge in the context
of potential applications of risk assessment tools to water
resources and other environmental issues in Central Asia; * to
identify research gaps and directions for future research in the
area of water resources which may be addressed through the
application of risk assessment tools; * to promote closer working
relationships between the scientists and technical experts from
Central Asia and the Caucasus, as well as the scientists and
technical experts from the United States and Europe. Based on
historical experiences of Central Asian scientists and their
colleagues in other parts of the world, there is a demonstrated
need in the region to provide education, training and technical
assistance on environmental decision-making tools, including risk
assessment.
That risk communication ranks high on the policymaking agenda is
beyond discussion today. The field is a point of intersection of
social communication, practical management and policy making. It
covers such diverse activities as to inform and educate the public
about risk, and risk management in order to influence attitudes and
behaviour, to act in situations of emergency or crises, to aid in
decision-making and to assist in conflict resolution. Communication
has grown into a major concern in current risk governance based on
network co-ordinated management of public affairs conducted by
authorities and companies and is recognized as a key component in
the government of risk. This is especially salient in policy fields
relating to environmental planning and resource management, urban
planning, chemical and food regulation, or infrastructure planning,
development and maintenance. This book explores risk communication
research with a focus on new theoretical perspectives, research
findings, and applied goals. It reflects on a broad range of
innovative theoretical perspectives, methodological approaches and
empirical areas. This book was published as a special issue of the
Journal of Risk Research.
The risk process commonly used in the corporate world to deal with
risks may be suitable for non-catastrophic events, but not for
extreme events. By analyzing a series of past disasters and the
relevant 'lessons learned', this books proposes a series of
prescriptive measures to cope with future disasters.
The 'Precautionary Principle' has sparked the central controversy
over European and U.S. risk regulation. The Reality of Precaution
is the most comprehensive study to go beyond precaution as an
abstract principle and test its reality in practice. This
groundbreaking resource combines detailed case studies of a wide
array of risks to health, safety, environment and security; a broad
quantitative analysis; and cross-cutting chapters on politics, law,
and perceptions. The authors rebut the rhetoric of conflicting
European and American approaches to risk, and show that the reality
has been the selective application of precaution to particular
risks on both sides of the Atlantic, as well as a constructive
exchange of policy ideas toward 'better regulation.' The book
offers a new view of precaution, regulatory reform, comparative
analysis, and transatlantic relations.
Risk management within law firms is a rapidly developing area. In
the last year economic changes alone (the term 'credit crunch' was
as yet unheard of when the second edition was written) have served
to highlight the need for your risk management strategy to be under
constant review. The credit crunch raises the game for all firms
substantially, bringing to the fore issues involving: People;
Clients; Regulatory risk; and Insurance. This report, substantially
increased in size to deal with the emerging issues, aims to give
you a clear understanding of how they will affect your law firm and
how you need to respond, in order to manage them effectively. The
third edition covers: Solicitors Regulation Authority (SRA)
monitoring and enforcement of the Solicitor's Code of Conduct 2007;
The Legal Services Act 2007 and the risks it presents; and A review
of compliance with the Money Laundering Regulations 2007 - a year
after their implementation on 15 December 2007. The report guides
you through the distinct requirements of a risk management system
including: Responsibility at senior management level; A framework
for managing risk across all parts of the business; Integration of
risk management processes into firm culture; Accountability in each
practice area and support function; A risk evaluation process;
External assessment; and Business continuity planning. Subjects
covered include: Credit crunch risks; People and culture issues;
Client engagement; Finance; Protecting partner assets; Compliance;
File auditing; Managing your insurance; Office systems; Location
and premises issues; Professional indemnity insurance; And more -
Risk Management for Law Firms, 3rd Edition provides an in-depth
analysis of key risk areas within the firm and aims to help firms
meet new and emerging challenges with clear, practical examples.
'Risk Governance is a tour de force. Every risk manager, every risk
analyst, every risk researcher must read this book - it is the
demarcation point for all further advances in risk policy and risk
research. Renn provides authoritative guidance on how to manage
risks based on a definitive synthesis of the research literature.
The skill with which he builds practical recommendations from solid
science is unprecedented.'Thomas Dietz, Director, Environmental
Science and Policy Program, Michigan State University, USA 'A
masterpiece of new knowledge and wisdom with illustrative examples
of tested applications to realworld cases. The book is
recommendable also to interested students in different disciplines
as a timely textbook on 'risk beyond risk'.'Norio Okada, Full
Professor and Director at the Disaster Prevention Research
Institute (DPRI), Kyoto University, Japan 'There are classic
environmental works such as The Tragedy of the Commons by Hardin,
Risk Society by Beck, The Theory of Communicative Action by
Habermas, and the seminal volumes by Ostrom on governing the
commons. Renn's book fits right into this series of important
milestones of environmental studies.'Jochen Jaeger, Professor at
Concordia University, Montreal, Canada 'Risk Governance provides a
valuable survey of the whole field of risk and demonstrates how
scientific, economic, political and civil society actors can
participate in inclusive risk governance.'Jobst Conrad, Senior
Scientist, Social Science Research Center Berlin, Germany 'Renn
offers a remarkably fair-minded and systematic approach to bringing
together the diverse fields that have something to say about
'risk'. Risk Governance moves us along the path from the noisy,
formative stage of thinking about risk to one with a stronger
empirical, theoretical, and analytical foundation.'Baruch
Fischhoff, PhD, Howard Heinz University Professor, Carnegie Mellon
University, Pittsburgh, USA 'I cannot describe how impressed I am
at the breadth and coherence of Renn's career's work! Written with
remarkable clarity and minimal technical jargon... [this] should be
required reading in risk courses!' John Graham, former director of
the Harvard Risk Center and former deputy director of the Office of
Budget and Management of the Unites States Administration This
book, for the first time, brings together and updates the
groundbreaking work of renowned risk theorist and researcher Ortwin
Renn, integrating the major disciplinary concepts of risk in the
social, engineering and natural sciences. The book opens with the
context of risk handling before flowing through the core topics of
assessment, evaluation, perception, management and communication,
culminating in a look at the transition from risk management to
risk governance and a glimpse at a new understanding of risk in
(post)modern societies.
Most successful organizations recognize Maintenance Parts and
Procurement as a critical success factor to Asset Management
Excellence and their fundamental supply chain value proposition.
This book works as a guide to all the stakeholders that influence
the success of their Maintenance Parts Operation and their
enterprise's bottom line. Maintenance Parts Management Excellence:
A Holistic Anatomy defines the Maintenance Parts Managements role
in Asset Management Excellence and expands on the importance of the
Parts Inventory Planner role in an organization. It discusses how
to create a unique Maintenance Parts Management Strategy for an
organization and offers insights on the multiple strategies needed
to create and maintain a Maintenance Parts inventory policy. The
book also provides an organized overall approach to creating
Maintenance Parts Management Excellence in an enterprise.
Executives with an organization responsible for the construction,
management, and disposal of all assets classes (plant, equipment,
IT assets), consultants responsible for assignments associated with
optimizing life cycle decisions for clients, maintenance, and
reliability professionals within an organization, will benefit from
this professional plus book. Upper-level undergraduate engineering
students, as well as graduate students of management who focus on
operations management and engineering graduate students addressing
issues of maintenance and reliability engineering, may also be
interested in this book.
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