Time To Rethink Risk Management: Surviving Future Global Crises

Time To Rethink Risk Management: Surviving Future Global CrisesAuthor(s): Tony Bendell\nFormat: Hardback\nPublisher: World Scientific Publishing Co Pte Ltd, Singapore\nImprint: World Scientific Publishing Co Pte Ltd\nISBN-13: 9789811264481, 978-9811264481\nSynopsis\nThe 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 [url] book argues that .