Book

Rethinking risk in national security : lessons of the financial crisis for risk management

Mazarr, Michael J., 1965- author

Overview

This book examines the role of risk management in the recent financial crises and applies the lessons learned to the national security realm. It rethinks the way risk contributes to strategy, with insights relevant to practitioners and scholars in national security as well as business. Over the past few years, the concept of risk has become one of the most commonly discussed issues in national security planning. And yet the experiences of the 2007-2008 financial crises demonstrated critical limitations in institutional efforts to control risk. The most elaborate and complex risk procedures could not cure skewed incentives, cognitive biases, groupthink, and a dozen other human factors that led companies to take excessive risk. By embracing risk management, the national security enterprise may be turning to a discipline just as it has been discredited.

• Publisher: Palgrave Macmillan
• Subject: National security United States. / National security United States Finance. / Risk management.
• ISBN: 9781349948871, 134994887X, 9781349918416, 1349918415

Item info:

1 item available

1 item total in all locations

Holdings :

Call Number	Copies	Material	Location
UA23.M398 2016	1	BOOK	AUTOSTORE