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Review
Power's new book brings much the same note of sceptisism to another world-sweeping managerial pheomenon: the drive to convert uncertainty about the future into identifiable risks...[..] So what will be the new model to challenge, and perhaps even displace, risk management? We await Michael Power's next decennial book to tell us in the hope that it will be as iconoclastic and illuminating as the present one. (Rudolf klein, London School of Economics, Public Polic )
Product 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.
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Power's new book brings much the same note of sceptisism to another world-sweeping managerial pheomenon: the drive to convert uncertainty about the future into identifiable risks...[..] So what will be the new model to challenge, and perhaps even displace, risk management? We await Michael Power's next decennial book to tell us in the hope that it will be as iconoclastic and illuminating as the present one. (Rudolf klein, London School of Economics, Public Polic )
Product 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.
See all Product Description
Inside This Book
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First Sentence
What do the following activities have in common: catching the train to work, mountaineering, lending money, investing in new technology, drilling for oil, taking children on school trips, smoking, buying a personal pension"; Years ago the answer would have been-very little. Read the first page
Front Cover | Copyright | Table of Contents | Excerpt | Index
What do the following activities have in common: catching the train to work, mountaineering, lending money, investing in new technology, drilling for oil, taking children on school trips, smoking, buying a personal pension"; Years ago the answer would have been-very little. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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77% buy the item featured on this page: Organized Uncertainty: Designing a World of Risk Management£28.50 |
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8% buy Risk Governance: Coping with Uncertainty in a Complex World (Risk, Society & Policy)£28.45 |
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8% buy The Audit Society: Rituals of Verification£23.74 |
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4% buy The Risk Management of Everything: Rethinking the Politics of Uncertainty |
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