Designing a World of Risk Management
By (author) Michael Power
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Organized Uncertainty by Michael Power
Book DescriptionSince 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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Book DetailsISBN: 9780199548804
(234mm x 157mm x 15mm)
Imprint: Oxford University Press
Publisher: Oxford University Press
Publish Date: 27-Nov-2008
Country of Publication: United Kingdom
Books By Author Michael Power
Riskwork, Hardback (September 2016)
This book provides an accessible collection of essays on the practice of risk management in different fields (e.g. petroleum, aviation, chemical, finance and health care). Each chapter provides rich insights into the organizational life of risk management and the tensions that exist between dealing with risks and being accountable.
Organized Uncertainty, Hardback (May 2007)
Since the mid-1990s risk management has dramatically expanded its reach and significance to become a benchmark of good governance for a wide variety of public and private organizations. This book shows that the rise of risk management has much less to do with real dangers and opportunities than with organizational accountability and legitimacy.
Organizational Encounters with Risk, Paperback (December 2005)
A critical analysis of the ways in which organisations and their participants 'encounter' risk.
Adult Psychological Problems, Paperback (February 2000)» View all books by Michael Power
Provides an introductory overview of a range of influential theories and treatment approaches to the main psychological problems experienced in adulthood.
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Author Biography - Michael Power
Michael Power is Professor of Accounting and Research Theme Director of the ESRC Centre for Analysis of Risk and Regulation at the London School of Economics and Political Science. He is a Fellow of the Institute of Chartered Accountants in England and Wales and an Associate member of the UK Chartered Institute of Taxation. He is a former Visiting Fellow at the Wissenschaftskolleg, Berlin and at All Souls College, Oxford His publications include The Audit Society (Oxford, 1997) and The Risk Management of Everything (Demos, 2004). He is also co-editor of Organizational Encounters with Risk (Cambridge, 2005).
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