Download People Risk Management: A Practical Approach to Managing the Human Factors That Could Harm Your BusinessBy Keith Blacker, Patrick McConn
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People Risk Management: A Practical Approach to Managing the Human Factors That Could Harm Your BusinessBy Keith Blacker, Patrick McConn
Download People Risk Management: A Practical Approach to Managing the Human Factors That Could Harm Your BusinessBy Keith Blacker, Patrick McConn
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The collapse of major corporations during the global financial crisis, major accidents, and strategic mistakes resulting from mismanagement, have highlighted the crucial role that bad decision making has in creating disasters. People are at the core of corporate success and failure. Researchers in behavioral psychology have discovered that individual persons and groups are not good at making decisions as they fall prey to human biases, giving rise to the term "people risk."
Risk management experts Keith Blacker and Patrick McConnell provide a business-friendly introduction to behavioral psychology, explaining how biases, illusions, and conflicts of interest can lead board members, managers, and employees to make potentially disastrous decisions. Using case studies and examples, the authors demonstrate how crucial people risk management is and how ineffective risk management can create crises. They also offer practical tips and tools for changing the culture and structure of organizations to better align people risks with corporate values and provide advice on managing the roles and responsibilities of those directly involved in overseeing risk and people management.
- Sales Rank: #3187918 in Books
- Published on: 2015-04-28
- Original language: English
- Number of items: 1
- Dimensions: 9.50" h x .67" w x 6.75" l, 2.20 pounds
- Binding: Paperback
- 312 pages
Review
"People Risk Management by McConnell and Blacker is a book that has been sorely needed for some time. For too long risk practitioners, as a whole, have underplayed the role that people risk can have in an organisation. Given that the major events of the global financial crisis of 2007-2009 were a result of people, both in senior and junior positions, making poor decisions for a variety of reasons, it is time that people risk is given much more prominence. And it's not just a matter of risk culture, as McConnell and Blacker successfully argue. More attention needs to be paid to making a more robust decision making process, especially at senior levels. For the practitioner, this book offers more than an overview of the risk and some case studies; a framework for managing people risk, and proposals for increasing the quality of people risk management from the Boardroom to the individual worker make a valuable resource. This is a book that I wish I'd written." (Frank Ashe Macquarie University)
About the Author
Dr. Keith Blacker is an expert in risk management with nearly thirty years' experience. A former lecturer at Henley Management College, UK, he has also served as a consultant to a range of major banking and insurance companies internationally.
Dr. Patrick McConnell taught at Macquarie University Applied Finance Centre (MAFC) in Sydney, Australia and at Trinity College, Dublin, Ireland delivering masters level risk management courses. With over thirty years' experience in IT and risk management, he has been consulted by a number of major banks and corporations.
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