Organizational Encounters with Risk [Paperback]

A critical analysis of the ways in which organisations and their participants 'encounter' risk.Organizational encounters with risk range from errors and anomalies to outright disasters. This collection of essays addresses the varied ways in which modern organisations understand, process and deal with risk. Contributions by leading experts on risk management illustrate the complex organisational and social dimension of risk management, reminding the readers that it is much more than the application of technique.Organizational encounters with risk range from errors and anomalies to outright disasters. This collection of essays addresses the varied ways in which modern organisations understand, process and deal with risk. Contributions by leading experts on risk management illustrate the complex organisational and social dimension of risk management, reminding the readers that it is much more than the application of technique.Organizational encounters with risk range from errors and anomalies to outright disasters. This collection of essays addresses the varied ways in which modern organizations understand, process and deal with risk. Contributions by leading experts on risk management illustrate the complex organizational and social dimension of risk management, reminding the readers that effective handling involves much more than the application of technique.Acknowledgements; 1. Organizational encounters with risk: an introduction Bridget Hutter and Michael Power; 2. Organizational rituals of risk and error Diane Vaughan; 3. 'Ways of seeing': understandings of risk in organisational settings Bridget Hutter; 4. Risk and rules: the 'legalization' of medicine Carol A. Heimer, Juleigh Coleman Petty and Rebecca J. Culyba; 5. Organizational responses to risk: the rise of the Chief Risk Officer Michael Power; 6. Incentives, risk and accountability in organizations Timothy Besley and Maitreesh Ghatak; 7. Mathematizing risk: models, arbitrage and crises Donald MacKenzie; 8. IlR