Rethinking Risk Management: Critically Examining Old Ideas and New Concepts - Paperback

by Rick Nason (Author)

Risk management has become a key factor of successful organizations. Despite risk management's importance, outdated and inappropriate ideas about how to manage risk dominate. This book challenges existing paradigms of risk management and provides readers with new concepts and tools for the current dynamic risk management environment. The framework for the book is a series of questions that allows for an interesting and thought-provoking look at current ideas and forward-looking concepts. This book, intended for senior managers, directors, risk managers, students of risk management, and all others who need to be concerned about risk management and strategy, provides a solid base for not only understanding current best practice in risk management, but also the conceptual tools for exploiting emerging risk management technologies, metrics, regulations, and ideas. The central thesis is that risk management is a value-adding activity that all types of organizations, public, private as well as not-for-profit, can use for competitive advantage and maximum effectiveness.

Author Biography

Rick Nason, PhD, CFA, is a risk consultant and an associate professor of finance at Dalhousie University, Halifax, Canada. Dr. Nason has advised and developed programs on risk management, risk measurement, and risk strategy for both large and small corporations, international financial institutions, and governmental agencies. He is also an active member on several nonprofit boards.