Modern Risk Management (Manager's Intelligence Treasury)

Author: Song Mingzhe
Publisher:
Publish Date: 2003-02-01
Features: A risk management planning scheme for an organization must align with the overall goals of the enterprise and should adapt as the goals change. If you want to operate your risk management scheme stably, it is best to be more adventurous and cost-effective. Avoid the risk of suffering great harm for small gains. Accurate and timely risk information helps reduce risks. Since the first edition to the fifth edition has been published in Taiwan, we are deeply grateful for the support and care from all walks of life. The period from the first to the fifth edition was also an era when the global academic trends of risk management faced significant changes, with the positivist philosophical thinking of risk theory clashing with the post-positivist philosophical thinking. The former is represented by risk theory from the perspective of actuarial science; the latter is represented by risk theory from the perspective of sociocultural construction. Under the impact of these two philosophical thoughts, two entirely different management methods were inspired. One is the "Little Fish" method, which focuses on technology and traditional management processes; the other is the "Great Shark" method, which emphasizes risk construction and behavioral processes.