Defining the fundamentals of building a risk management plan,
Applied Risk Management in Agriculture uses strategic management to
organize the process of risk management. A time-tested procedure
inside and outside the business community, this technique provides
an ideal platform for organizing risk.
Making complex principles easily accessible to students without
compromising the rigor needed to manage risks capably, this
textbook presents 10 easy-to-follow steps and a strategic framework
to organize and develop a relevant and practical risk management
plan. These steps fall neatly into three traditional stages of
strategic risk management, and the practical, formulaic framework
accommodates a breadth of information. The text covers strategic,
operational, and tactical needs; decision-making processes; and the
prediction and probability of outcomes. It is supported by a
website that is designed to help students learn and apply the 10
risk management steps. The site provides pedagogical tools for
instructors and keeps the text up to date.
The editor and contributors also discuss a more traditional
view of risk management, making this a complete system for managing
risks that can be used to create realistic applications in an
educational setting. With this information, students can build
complex risk management plans using the innovative Risk Navigator
SRM program, supplement this framework with traditional tools, and
then move on to customizing complicated problems with advanced
tools when ready.
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