Time To Rethink Risk Management Surviving Future Global Crises
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Time To Rethink Risk Management: Surviving Future Global Crises
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.
Time to Rethink Risk Management
Author: Tony Bendell
language: en
Publisher: World Scientific Publishing Company
Release Date: 2023
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.
Responsible Corporate Leadership Towards Attainment of Sustainable Development Goals
Author: Sonali Bhattacharya
language: en
Publisher: Springer Nature
Release Date: 2024-09-30
This book looks into “responsible leadership” as leader’s proactive actions towards attainment of sustainable development goals and overall wellbeing of organization and society. The book covers both theoretical and practical approaches towards responsible leadership in the first module. The second module consists of chapters linking responsible leadership with various aspects of sustainable business practices such as sustainable supply chain management, green marketing, green HRM, green finance and sustainable education through digitization. The third module covers challenges to responsible leadership in various sectors such as education, agriculture, services, renewable energy and urban and rural development under a dynamic business environment. The fourth section discusses leadership roles in strategizing and implementing sustainable practices within the organization. Finally the concluding module contains critical reviews and interpretations of the perspectives on harnessing powerof HR transformation for long term sustainability and well-being.