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Risk culturea practical guide to building and strengthening the fabric of risk management /

Record Type:	Electronic resources : Monograph/item
Title/Author:	Risk cultureErik Banks.
Reminder of title:	a practical guide to building and strengthening the fabric of risk management /
Author:	Banks, Erik.
Published:	Basingstoke :Palgrave Macmillan,2012.
Description:	1 online resource.
Subject:	BUSINESS & ECONOMICS / Insurance / Risk Assessment & Management
Online resource:	https://link.springer.com/book/10.1057/9781137263728
ISBN:	9781137263728 (electronic bk.)

Risk culturea practical guide to building and strengthening the fabric of risk management /
Banks, Erik.

Risk culturea practical guide to building and strengthening the fabric of risk management /[electronic resource] :Erik Banks. - Basingstoke :Palgrave Macmillan,2012. - 1 online resource.

Includes bibliographical references.

Successful Risk Management -- A First Look at Risk Culture -- Institutional and Regulatory Considerations -- Deficiencies and Problems I: Concepts -- Deficiencies and Problems II: Cases -- Building and Strengthening I: Structure and Governance -- Building and Strengthening II: Knowledge and Behavior -- Gauging Success and Progress -- Concluding Thoughts.

Risk, or the uncertainty regarding a future event or outcome, characterizes much of what banks, industrial corporations, and governmental agencies must deal with on a daily basis. Failure to recognize, quantify and manage risk can lead to significant problems. The very fact that risk exists and has the potential to create negative results means that it has to be actively managed. And, while the quantitative models and governance frameworks used to manage risks are by now well established, the behavioral aspects, centered on the concept of risk culture, are often unclear and under-theorized. Risk culture, which can be defined as an internal sensibility that reflects knowledge of, and respect for risk, represents a new frontier in the evolving field of risk management. Risk Culture is a practical volume devoted to the qualitative aspects of risk management, including those that should be firmly embedded in the corporate culture. Through descriptions, examples and case studies, the book analyzes weak and strong cultures and proposes a series of structural and behavioral actions that can lead to the strengthening of a company's culture. In a 21st century business world characterized by volatility and uncertainty, a strong risk culture is a prerequisite to success; Risk Culture is designed to help financial, corporate and governmental institutions address this increasingly critical topic.

ISBN: 9781137263728 (electronic bk.)

Standard No.: 9786613954121

Source: 628966Palgrave Macmillanhttp://www.palgraveconnect.comSubjects--Topical Terms:

584791
BUSINESS & ECONOMICS / Insurance / Risk Assessment & Management
Index Terms--Genre/Form:

214472
Electronic books.

LC Class. No.: HD61 / .B36 2012

Dewey Class. No.: 658.15/5

Risk culturea practical guide to building and strengthening the fabric of risk management /
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