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Time To Rethink Risk Management: Surviving Future Global Crises (Hardcover)
Loot Price: R1,333
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Time To Rethink Risk Management: Surviving Future Global Crises (Hardcover)
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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.
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