Strategic risk leadership: engaging a world of risk, uncertainty, and the unknown

"Modern risk management as practiced today faces significant obstacles-we argue-primarily due to the fundamental premise of the concept itself. It asserts that we are mainly dealing with measurable, quantifiable risks and that we can manage the uncontrollable by relying on formal control-based...

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Bibliographische Detailangaben
Hauptverfasser: Andersen, Torben Juul 1953- (VerfasserIn), Young, Peter C. 1939- (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Abingdon, Oxon Routledge 2020
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:"Modern risk management as practiced today faces significant obstacles-we argue-primarily due to the fundamental premise of the concept itself. It asserts that we are mainly dealing with measurable, quantifiable risks and that we can manage the uncontrollable by relying on formal control-based systems, which has produced a general view that (enterprise) risk management is a technical-scientific discipline. Strategic Risk Leadership offers a critique of the status quo, and encourages leaders, executives, and chief risk officers to find fresh approaches that can help them deal more proactively with what the future may hold. The book provides an overview of the history of risk management and current risk governance approaches as prescribed by leading risk management standards, such as, COSO and ISO31000. This enables practitioners to challenge the frameworks and improve their adoption in practice introducing sustainable resilience as a (more) meaningful response to uncertain and unknowable conditions. The book shows how traditional thinking downplays the significance of human behavior and judgmental biases as key elements of major organizational exposures illustrated and explained through numerous case examples and studies. This book is essential reading for strategic risk managers to understand the requirements for effective risk governance practices in the contemporary and rapidly changing global risk landscape. Indeed, it is a valuable resource for all risk executives, leaders and chief risk officers, as well as advanced students of risk management"--
Beschreibung:Description based on online resource; title from digital title page (viewed on April 15, 2020)
Beschreibung:1 online resource
ISBN:9781003006220
1003006221
9781000028799
1000028798
9781000028867
1000028860
9781000028720
1000028720

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