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Organized Uncertainty: Designing a World of Risk Management
Contributor(s): Power, Michael (Author)
ISBN: 0199548803     ISBN-13: 9780199548804
Publisher: Oxford University Press, USA
OUR PRICE:   $36.09  
Product Type: Paperback
Published: January 2009
Qty:
Additional Information
BISAC Categories:
- Business & Economics | Insurance - Risk Assessment & Management
- Business & Economics | Investments & Securities - General
- Business & Economics | Management - General
Dewey: 338.5
LCCN: 2007006181
Physical Information: 0.6" H x 6.1" W x 9.1" (0.85 lbs) 268 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
Since the mid-1990s risk management has undergone a dramatic expansion in its reach and significance, being transformed from an aspect of management control to become a benchmark of good governance for banks, hospitals, schools, charities and many other organizations. Numerous standards for
risk management practice have been produced by a variety of transnational organizations. While these many designs and blueprints are accompanied by ideals of enterprise, value production, and good governance, it is argued that the rise of risk management has also coincided with an intensification of
auditing and control processes. The legalization and bureacratization of organizational life has increased because risk management has created new demands for proof and evidence of action. In turn, these demands have generated new risks to reputation.

In short, this important book traces the rise of the managerial concept of risk and the different logics and values which underpin it, showing that it has much less to do with real dangers and opportunities than might be thought, and more to do with organizational accountability and legitimacy.